SolGold PLC Announces MOU for Sustainable Hydro-Solar Energy at Cascabel - Seite 3

Bénard Torres, CEO of Enerhydra, remarked, "This MOU marks an auspicious beginning for what we envision as a world-class renewable energy project in Ecuador. With our engineers' extensive experience in hydro projects across the Americas, this initiative holds immense promise for Ecuador's energy security, supporting its economic and social development goals."

Constructora Nacional is an Ecuadorian construction company operating in Ecuador since 1974. They are experts in surface work and have worked closely with the Semaica Business Group in the past. Executive President José Rafael Armijos commented, "The proposed energy solution presents an exceptional opportunity for all collaborating entities and carries profound significance for Ecuador's energy landscape. The integration of clean hydro and solar energy holds the promise of substantial benefits for local communities and the environment."

The Project will adhere to stringent regulatory standards and environmental safeguards throughout every development phase. By fully complying with local and international regulations, the partners are committed to ensuring that the Project is developed responsibly and ethically.

Recognizing the importance of stakeholder engagement, the partners will actively involve local communities, government agencies, and environmental organizations in the Project's planning and implementation. By fostering open dialogue and addressing concerns, the partners aim to build trust and create shared value for all stakeholders.

CONTACTS

Scott Caldwell SolGold Plc (CEO)	Tel: [phone]
Tavistock (Media) Jos Simson/Gareth Tredway	Tel: [phone]

ABOUT SOLGOLD

SolGold is a leading resources company focused on the discovery, definition and development of world-class copper and gold deposits and continues to strive to deliver objectives efficiently and in the interests of shareholders.

The Company operates with transparency and in accordance with international best practices. SolGold is committed to delivering value to its shareholders while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace, and minimizing environmental impact.