Ecora Resources PLC

Ecora Resources PLC , the leading royalty company focused on supporting the supply of commodities essential to creating a sustainable future, issues a portfolio update following the recent public market updates provided by the operators of key projects in Ecora's royalty and stream portfolio. The Company continues to expect volume growth in 2024 at operations underlying its producing royalty portfolio which, at current [...]

Ecora Resources PLC has received notification of the following transactions by Marc Bishop Lafleche, Chief Executive Officer of the Company. On 22 February 2024, Mr. Bishop Lafleche acquired 129,100 ordinary shares of 2 pence each in the Company at an average approximate price of £0.7658 per share. These transactions took place on the London Stock Exchange. Director Share Dealings - Further information In accordance with [...]

Ecora Resources PLC announces that awards of Ordinary Shares were made under the Company's Long Term Incentive Plan at nil cost on 20 February 2024 to Directors as detailed below. A share price of £0.8006, being the 5-day volume weighted average price before grant as approved by the Company's Remuneration Committee, has been used to determine the number of shares awarded. The LTIP provides Directors with Shares awarded on [...]

Ecora Resources PLC issues the following trading update for the period 1 October 2023 to 31 December 2023. This update is released ahead of the Group's audited full year results on 27 March 2024. Fourth Quarter and Full Year 2023 Portfolio Contribution FY23 portfolio contribution of $63.6m , with the YoY decline primarily a result of expected lower production within the Group's private royalty area at Kestrel as well as a [...]

Ecora Resources PLC announces that it has entered into an amendment and extension of its $150 million revolving credit facility agreement with its existing syndicate of Scotiabank, CIBC and RBC. The agreement also includes an uncommitted accordion feature of up $75 million to be used to fund royalty acquisitions which, if implemented, would take the potential borrowing capacity up to $225 million. The facility has a [...]

Q4 2023 Interim Dividend: Amounts per ordinary share in Sterling and Canadian Dollar Ecora Resources PLC Further to the announcement on 10 May 2023 of a Q3 2023 interim dividend of 2.125c per ordinary share, the equivalent of this interim dividend, in Sterling is 1.66536 pence per share and in Canadian Dollars is 2.8424 Canadian cents per share based on exchange rates of US$1=£0.7837 and US$1=C$1.3376. The US$:£/C [...]

Ecora Resources PLC announces that, following a thorough recruitment process, Andrew Webb will join the Board and succeed Patrick Meier as non-executive Chair of the Board. To allow for an orderly transition of responsibilities, Andrew will join the Board as an independent non-executive director and Chair designate on 15 January 2024. It is anticipated that Andrew will take over as Chair following the 2024 Annual General [...]

LONDON, UK / ACCESSWIRE / December 2023 / Ecora Resources PLC has received notification of the following transactions by Marc Bishop Lafleche, Chief Executive Officer of the Company. From 15 December 2023 to 18 December 2023, Mr. Bishop Lafleche acquired 57,900 ordinary shares of 2 pence each in the Company at an average approximate price of 89.01p per share. These transactions took place on the London Stock Exchange [...]

Ecora announces the Supreme Court of Western Australia, Court of Appeal has upheld the original, favourable, judgment by the Supreme Court of Western Australia in Ecora's legal dispute with Quasar Resources Pty Ltd. , the owner and operator of the Four Mile uranium mine over which the Group has a 1% net smelter return royalty. Ecora and Quasar have been engaged in a legal dispute since 2016 over the level of allocable [...]

Q3 2023 Trading Update Ecora Resources PLC issues the following trading update for the period 1 July to 30 September 2023. Highlights: Portfolio contribution of $5.8 million as Kestrel operations were mainly outside the Group's private royalty area and there was maintenance at Voisey's Bay. Commodity prices underpinning Ecora's royalty portfolio were broadly flat throughout the period with copper averaging $3.80/lb and [...]