Ecora Resources PLC Commencement of OTCQX trading (6842C)

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                                    [phone] 
 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              [phone] 
 

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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October 12, 2022 09:30 ET (13:30 GMT)