<SEC-DOCUMENT>0000917225-16-000046.txt : 20160614
<SEC-HEADER>0000917225-16-000046.hdr.sgml : 20160614
<ACCEPTANCE-DATETIME>20160614142524
ACCESSION NUMBER:		0000917225-16-000046
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20160614
ITEM INFORMATION:		Submission of Matters to a Vote of Security Holders
FILED AS OF DATE:		20160614
DATE AS OF CHANGE:		20160614

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SOLITARIO EXPLORATION & ROYALTY CORP.
		CENTRAL INDEX KEY:			0000917225
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				841285791
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32978
		FILM NUMBER:		161712745

	BUSINESS ADDRESS:	
		STREET 1:		4251 KIPLING STREET
		STREET 2:		SUITE 390
		CITY:			WHEAT RIDGE
		STATE:			CO
		ZIP:			80033
		BUSINESS PHONE:		3035341030

	MAIL ADDRESS:	
		STREET 1:		4251 KIPLING STREET
		STREET 2:		SUITE 390
		CITY:			WHEAT RIDGE
		STATE:			CO
		ZIP:			80033

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SOLITARIO RESOURCES CORP
		DATE OF NAME CHANGE:	20000711
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<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0"><B>UNITED STATES</B><BR>
<B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0"><B>Form&nbsp;8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0">CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d)<BR>
OF THE SECURITIES EXCHANGE ACT OF 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0">Date of Report (Date of
earliest event reported): June 14, 2016</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0"><B>SOLITARIO EXPLORATION
&amp; ROYALTY CORP.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

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    <TD STYLE="width: 38%; font: 12pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt">Colorado</FONT><BR>
<FONT STYLE="font-size: 10pt">(State or other jurisdiction of</FONT><BR>
<FONT STYLE="font-size: 10pt">incorporation or organization) </FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt">001-32978</FONT><BR>
<FONT STYLE="font-size: 10pt">(Commission</FONT><BR>
<FONT STYLE="font-size: 10pt">File Number) </FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 10pt">84-1285791</FONT><BR>
<FONT STYLE="font-size: 10pt">(I.R.S. Employer</FONT><BR>
<FONT STYLE="font-size: 10pt">Identification No.)</FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0">4251 Kipling Street, Suite
390<BR>
Wheat Ridge, CO 80033<BR>
(Address of principal executive offices)</P>

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    <TD STYLE="width: 65%; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Registrant&#8217;s telephone number, including area code:</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(303) 534-1030</FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0">Not Applicable<BR>
(Former name or former address, if changed since last report)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

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    <TD STYLE="width: 2%; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Wingdings; font-size: 10pt">o</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Written communications pursuant to Rule&nbsp;425 under the Securities Act (17&nbsp;CFR 230.425)</FONT></TD></TR>
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    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Wingdings; font-size: 10pt">o</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17&nbsp;CFR 240.14a-12)</FONT></TD></TR>
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    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Wingdings; font-size: 10pt">o</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17&nbsp;CFR&nbsp;240.14d-2(b))</FONT></TD></TR>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

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    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Wingdings; font-size: 10pt">o</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17&nbsp;CFR&nbsp;240.13e-4(c))</FONT></TD></TR>
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<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt"><B>ITEM 5.07</B></FONT></TD>
    <TD COLSPAN="5" STYLE="padding-bottom: 12pt"><FONT STYLE="font-size: 10pt"><B>Submission of Matters to a Vote of Security Holders.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="6">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 14, 2016 Solitario Exploration &amp;
        Royalty Corp. (&#8220;Solitario&#8221; or the &#8220;Company&#8221;) held its Annual Meeting of Shareholders at which holders of
        31,366,975 shares or 80% of the total outstanding shares eligible to vote as of the record date were present in person or by proxy.
        The three matters identified below were submitted to a vote of shareholders. Each proposal <FONT STYLE="font-family: inherit,serif">is
        more fully described in Solitario&#8217;s definitive proxy statement filed with the Securities and Exchange Commission on April
        28, 2016. </FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 42pt; text-align: justify; text-indent: -24pt"><FONT STYLE="font-size: 10pt"><B>a)</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT><FONT STYLE="font-size: 10pt">Election of Directors.</FONT></B><FONT STYLE="font-size: 10pt"> Five directors were elected
        to serve until the next Annual Meeting of Shareholders or until their successors are elected and qualified, with each director
        receiving the votes below:</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; background-color: white">&nbsp;</P></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; text-decoration: underline; text-align: center"><FONT STYLE="font-size: 10pt"><U>Number of Shares</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-decoration: underline; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Name</U></FONT></TD>
    <TD STYLE="text-decoration: underline; text-align: right"><FONT STYLE="font-size: 10pt"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD>
    <TD STYLE="text-decoration: underline; text-align: right"><FONT STYLE="font-size: 10pt"><U>Against&nbsp;&nbsp;</U></FONT></TD>
    <TD STYLE="text-decoration: underline; text-align: right"><FONT STYLE="font-size: 10pt"><U>Withheld&nbsp;</U></FONT></TD>
    <TD STYLE="text-decoration: underline; text-align: right"><FONT STYLE="font-size: 10pt"><U>Broker Non-Votes</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Brian Labadie</FONT></TD>
    <TD STYLE="padding-right: 4.9pt; text-align: right"><FONT STYLE="font-size: 10pt">18,313,785</FONT></TD>
    <TD STYLE="padding-right: 3.95pt; text-align: right"><FONT STYLE="font-size: 10pt">265,628</FONT></TD>
    <TD STYLE="padding-right: 5.3pt; text-align: right"><FONT STYLE="font-size: 10pt">56,816</FONT></TD>
    <TD STYLE="padding-right: 4.6pt; text-align: right"><FONT STYLE="font-size: 10pt">12,730,746</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Mark E. Jones, III</FONT></TD>
    <TD STYLE="padding-right: 4.9pt; text-align: right"><FONT STYLE="font-size: 10pt">18,003,206</FONT></TD>
    <TD STYLE="padding-right: 3.95pt; text-align: right"><FONT STYLE="font-size: 10pt">272,645</FONT></TD>
    <TD STYLE="padding-right: 5.3pt; text-align: right"><FONT STYLE="font-size: 10pt">360,378</FONT></TD>
    <TD STYLE="padding-right: 4.6pt; text-align: right"><FONT STYLE="font-size: 10pt">12,730,746</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">John Hainey</FONT></TD>
    <TD STYLE="padding-right: 4.9pt; text-align: right"><FONT STYLE="font-size: 10pt">18,008,077</FONT></TD>
    <TD STYLE="padding-right: 3.95pt; text-align: right"><FONT STYLE="font-size: 10pt">571,309</FONT></TD>
    <TD STYLE="padding-right: 5.3pt; text-align: right"><FONT STYLE="font-size: 10pt">56,843</FONT></TD>
    <TD STYLE="padding-right: 4.6pt; text-align: right"><FONT STYLE="font-size: 10pt">12,730,746</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Leonard Harris</FONT></TD>
    <TD STYLE="padding-right: 4.9pt; text-align: right"><FONT STYLE="font-size: 10pt">17,107,980</FONT></TD>
    <TD STYLE="padding-right: 3.95pt; text-align: right"><FONT STYLE="font-size: 10pt">1,224,660</FONT></TD>
    <TD STYLE="padding-right: 5.3pt; text-align: right"><FONT STYLE="font-size: 10pt">303,589</FONT></TD>
    <TD STYLE="padding-right: 4.6pt; text-align: right"><FONT STYLE="font-size: 10pt">12,730,746</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Christopher E. Herald</FONT></TD>
    <TD STYLE="padding-right: 4.9pt; text-align: right"><FONT STYLE="font-size: 10pt">18,221,041</FONT></TD>
    <TD STYLE="padding-right: 3.95pt; text-align: right"><FONT STYLE="font-size: 10pt">142,614</FONT></TD>
    <TD STYLE="padding-right: 5.3pt; text-align: right"><FONT STYLE="font-size: 10pt">272,574</FONT></TD>
    <TD STYLE="padding-right: 4.6pt; text-align: right"><FONT STYLE="font-size: 10pt">12,730,746</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in"><FONT STYLE="font-size: 10pt"><B>b)</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT><FONT STYLE="font-size: 10pt">Advisory Vote on Executive Compensation. </FONT></B><FONT STYLE="font-size: 10pt">The shareholders
        approved the following resolution with 17,571,564 shares voting for, 837,637 shares voting against, 47,028 shares invalid, and
        12,730,746 broker non-votes:</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; background-color: white"><B>&#8220;RESOLVED</B> <B>THAT</B>:
        Solitario shareholders approve the compensation of Solitario&#8217;s named executive officers, as disclosed in the Company&#8217;s
        proxy statement, dated April 28, 2016, pursuant to the compensation disclosure rules of the Securities and Exchange Commission
        set forth in Item 402 of Regulation S-K, including, but not limited to, the Compensation Discussion and Analysis, the compensation
        tables, and any related material disclosed in the proxy statement for the 2016 annual general meeting.&#8221;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in"><FONT STYLE="font-size: 10pt"><B>c)</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        </FONT><FONT STYLE="font-size: 10pt">Appointment of Auditors. </FONT></B><FONT STYLE="font-size: 10pt">The appointment of EKS&amp;H
        LLLC as our auditors for fiscal year 2016 was ratified with 30,520,572 shares voting for, 793,360 shares voting against, 52,843
        shares abstaining, and no broker non-votes.</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="text-align: right">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 106px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">June 14, 2016</P>

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    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 92%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt">Solitario Exploration &amp; Royalty Corp.</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-decoration: underline"><FONT STYLE="font-size: 10pt"><U>/s/&nbsp;James R. Maronick</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">James R. Maronick, Chief Financial Officer</FONT></TD></TR>
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