Ecora Resources

LONDON, UK / ACCESS Newswire / March 4, 2025 / Further to the announcement on 27 February 2025, Ecora (LSE:ECOR)(TSX:ECOR)(OTCQX:ECRAF) ("Ecora") a critical minerals focused royalty company, announces that it has completed the acquisition of a copper stream (the "Stream") with reference to production at the Mimbula copper mine owned by Moxico Resources PLC, for a total cash consideration of US$50m (the "Transaction"). There has been no material change affecting any matter relating to the Transaction contained in the announcement released by Ecora on 27 February 2025.» Mehr auf accessnewswire.com

Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) this week unveiled a significant new deal that promises to elevate its commodity diversification efforts to a new level. It is acquiring an interest in a copper revenue stream in the Moxico Resources' Mimbula copper mine in Zambia, which is set to undergo an expansion and ramp up in production CEO Marc Bishop Lafleche joined the Proactive studio, and told us that the $50 million transaction aligns with Ecora's strategy of focusing on royalties and streams over producing mines, contributing to immediate earnings and cash flow growth.» Mehr auf proactiveinvestors.co.uk

Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) has acquired a copper stream from Moxico Resources' Mimbula copper mine in Zambia for $50 million. The stream covers the mine's 11-year Life of Mine (LOM) with potential for extension.» Mehr auf proactiveinvestors.co.uk