On June 14, 2012 we held our Annual Meeting of Shareholders at which the following four matters were submitted to a vote of security holders:

a)           Election of Directors. 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:

b)       Advisory Vote on Executive Compensation. The Shareholders approved the following resolution with 17,849,051 shares voting for, 162,522 shares voting against, 35,323 shares abstaining, and 6,419,922 Broker Non-Votes:

“RESOLVED THAT: Solitario shareholders approve the compensation of Solitario’s named executive officers, as disclosed in the Company’s proxy statement, dated April 27, 2012, 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 dated April 27, 2012 for the 2012 annual general meeting.”

c)       Advisory Vote on the Frequency of the Executive Compensation Advisory Vote. The largest number of shareholders voting at the meeting voted to have the Company hold an advisory vote on executive compensation each year, with 8,125,051 shares voting to hold the advisory vote every three years, 497,080 shares voting to hold the advisory vote every two years, 9,381,516 shares voting to hold the advisory vote each year, 42,927 shares abstaining and 6,419,922 Broker Non-Votes.

In light of the advisory vote on the frequency of holding an advisory vote on Executive Compensation above, the Company will hold an advisory vote on Executive Compensation every year.

d)       Appointment of Auditors. The appointment of Ehrhardt Keefe Steiner & Hottman PC as our auditors for fiscal year 2012 was ratified with 23,915,058 shares voting for, 285,622 shares voting against, 266,138 shares abstaining, and no Broker Non-Votes.