Ecora Resources PLC Commencement of OTCQX trading (6842C)
October 12 2022 - 9:30AM
UK Regulatory
TIDMECOR
RNS Number : 6842C
Ecora Resources PLC
12 October 2022
12 October 2022
Ecora Resources PLC
Commencement of OTCQX trading
Ecora Resources PLC ("Ecora" or the "Company"), a leading
royalty company focused on supporting the supply of commodities
essential to enabling a sustainable future, announces that its
shares have today commenced trading on the OTCQX Best Market in the
U.S. under the ticker symbol "ECRAF".
OTC Markets Group operates markets on which 12,000 U.S. and
global securities trade with the OTCQX Best Market as the highest
tier. Trading on OTCQX will enhance the visibility and
accessibility of the Company to U.S. investors. Ecora's shares will
continue to trade on the London and Toronto Stock Exchanges under
the ticker symbol "ECOR".
Investors can find Real-Time Level 2 quotes for the Company
on:
https://www.otcmarkets.com/stock/ECRAF/overview
For further information:
Ecora Resources PLC +44 (0) 20 3435 7400
Marc Bishop Lafleche - Chief Executive Officer
Kevin Flynn - Chief Financial Officer
Geoff Callow - Head of Investor Relations
Website: www.e cora-resources. com
Camarco
Gordon Poole / Owen Roberts / Elfie Kent +44 (0) 20 3757 4997
About Ecora Resources
Ecora Resources is a leading royalty company focused on
supporting the supply of commodities essential to creating a
sustainable future.
Our vision is to be globally recognised as the royalty company
of choice synonymous with commodities that support a sustainable
future by continuing to grow and diversify our royalty portfolio in
line with our strategy. We will achieve this through building a
diversified portfolio of scale over high quality assets that drives
low volatility earnings growth and shareholder returns.
The mining sector has an essential role to play in the energy
transition, with commodities such as copper, nickel and cobalt -
key materials for manufacturing batteries and electric vehicles.
Copper also plays a critical role in our electricity grids . All
these commodities are mined and there are not enough mines in
operation today to supply the volume required to achieve the energy
transition.
Our strategy is to acquire royalties and streams over low-cost
operations and projects with strong management teams, in
well-established mining jurisdictions. Our portfolio has been
reweighted to provide material exposure to this commodity basket
and we have successfully transitioned from a coal orientated
royalty business in 2014 to one that by 2026 will be coal free and
comprised of over 90% exposure to commodities that support a
sustainable future. The fundamental demand outlook for these
commodities over the next decade is very strong, which should
significantly increase the value of our royalty portfolio.
Ecora's shares are listed on the London and Toronto Stock
Exchanges (ECOR) and trade on the OTCQX Best Market (OTCQX:
ECRAF).
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