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 [...]
Director Share Dealings in Company Ecora Resources PLC has received notification of the following transaction by Varda Shine, Non-Executive Director of the Company. On 3 October 2023, Ms. Shine acquired 10,001 ordinary shares of 2 pence each in the Company at an average approximate price of 99.49p per share. The transaction took place on the London Stock Exchange. Director Share Dealings - Further information In [...]
Q2 2023 Interim Dividend: Amounts per ordinary share in Sterling and Canadian Dollar Further to the announcement on 10 May 2023 of a Q2 2023 interim dividend of 2.125c per ordinary share, the equivalent of this interim dividend, in Sterling is 1.73868 pence per share and in Canadian Dollars is 2.86259 Canadian cents per share based on exchange rates of US$1=£0.8182 and US$1=C$1.3471. The US$:£/C$ conversion rates were [...]
Director Share Dealings in Company Ecora Resources PLC has received notification of the following transactions by Marc Bishop Lafleche, Chief Executive Officer of the Company. On 29 September 2023, Mr. Bishop Lafleche acquired 10,000 ordinary shares of 2 pence each in the Company at an average approximate price of 105.76p per share. These transactions took place on the London Stock Exchange. Director Share Dealings [...]
Ecora Resources PLC has received notification of the following transactions by Marc Bishop Lafleche, Chief Executive Officer of the Company and Kevin Flynn, Chief Financial Officer of the Company. On 8 September 2023, Mr. Bishop Lafleche acquired 12,000 ordinary shares of 2 pence each in the Company at an average approximate price of 107.61p per share. On 8 September 2023, Mr. Flynn acquired 4,700 ordinary shares of 2 [...]