Ecora Resources PLC Announces Completion of Acquisition
Ecora Resources, a critical minerals focused royalty company, has completed the acquisition of a copper stream related to production at the Mimbula copper mine, owned by Moxico Resources PLC. The transaction, announced on February 27, 2025, was executed for a total cash consideration of US$50 million. The company confirmed that no material changes have occurred affecting the transaction since the initial announcement.
Ecora Resources, una società di royalty focalizzata su minerali critici, ha completato l'acquisizione di un flusso di rame relativo alla produzione presso la miniera di rame Mimbula, di proprietà di Moxico Resources PLC. La transazione, annunciata il 27 febbraio 2025, è stata eseguita per un corrispettivo totale in contante di 50 milioni di dollari USA. L'azienda ha confermato che non ci sono stati cambiamenti materiali che abbiano influenzato la transazione dall'annuncio iniziale.
Ecora Resources, una empresa de regalías centrada en minerales críticos, ha completado la adquisición de un flujo de cobre relacionado con la producción en la mina de cobre Mimbula, propiedad de Moxico Resources PLC. La transacción, anunciada el 27 de febrero de 2025, se llevó a cabo por un importe total en efectivo de 50 millones de dólares estadounidenses. La empresa confirmó que no ha habido cambios materiales que afecten la transacción desde el anuncio inicial.
에코라 리소스, 중요한 광물에 중점을 둔 로열티 회사가 밈불라 구리 광산에서의 생산과 관련된 구리 스트림 인수를 완료했습니다. 이 광산은 모키소 리소스 PLC가 소유하고 있습니다. 2025년 2월 27일 발표된 이 거래는 총 현금 대가로 5000만 달러에 실행되었습니다. 회사는 초기 발표 이후 거래에 영향을 미치는 중대한 변화가 없었다고 확인했습니다.
Ecora Resources, une société de redevances axée sur les minéraux critiques, a finalisé l'acquisition d'un flux de cuivre lié à la production de la mine de cuivre Mimbula, détenue par Moxico Resources PLC. La transaction, annoncée le 27 février 2025, a été réalisée pour un montant total en espèces de 50 millions de dollars américains. La société a confirmé qu'aucun changement matériel n'est survenu affectant la transaction depuis l'annonce initiale.
Ecora Resources, ein auf kritische Mineralien fokussiertes Lizenzunternehmen, hat den Erwerb eines Kupferstroms abgeschlossen, der mit der Produktion in der Kupfermine Mimbula, die im Besitz von Moxico Resources PLC ist, verbunden ist. Die Transaktion, die am 27. Februar 2025 angekündigt wurde, wurde für eine Gesamtsumme von 50 Millionen US-Dollar durchgeführt. Das Unternehmen bestätigte, dass seit der ursprünglichen Ankündigung keine wesentlichen Änderungen eingetreten sind, die die Transaktion betreffen.
- US$50M copper stream acquisition expands mineral portfolio
- Strategic entry into copper production streaming
- Significant cash outlay of US$50M impacts liquidity
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
There has been no material change affecting any matter relating to the Transaction contained in the announcement released by Ecora on 27 February 2025.
For further information
Ecora Resources PLC | +44 (0) 20 3435 7400 |
Geoff Callow - Head of Investor Relations |
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Website: | |
FTI Consulting Sara Powell / Ben Brewerton / Nick Hennis /Lucy Wigney | +44(0) 20 3727 1000 |
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SOURCE: Ecora Resources PLC
View the original press release on ACCESS Newswire
FAQ
How much did ECRAF pay for the Mimbula copper mine stream acquisition?
When did ECRAF complete the Mimbula copper stream acquisition?
What type of asset did ECRAF acquire from the Mimbula mine?
Has there been any material change to ECRAF's Mimbula stream acquisition since its February announcement?
