REG - Ecora Resources PLC - Santo Domingo Update: Joint Venture Partnership

Ecora ResourcesAnnouncement

Tue 11:15

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RNS Number : 3053D  Ecora Resources PLC  14 October 2025

 

 

14 October 2025

 

Ecora Resources PLC

("Ecora" or the "Group")

 

Santo Domingo Update: Joint Venture Partnership

 

Ecora (LSE/TSX: ECOR, OTCQX: ECRAF) a critical minerals focused royalty
company, notes the press release issued on 13 October 2025 by Capstone Copper
Corp. ("Capstone") announcing that fund entities managed by Orion Resource
Partners LP (collectively, "Orion") have agreed to acquire a 25% ownership
interest in the Santo Domingo Project ("Santo Domingo") and the Sierra Norte
Project for total cash consideration of up to $360 million.

Capstone also stated that it is continuing to advance the remaining
workstreams towards a final investment decision on Santo Domingo expected in
H2 2026.

Ecora holds a 2.0% Net Smelter Return royalty over certain Santo Domingo
project tenements, including the highest copper grade portion of the deposit
which is the first area to be mined according to the Updated Santo Domingo
Feasibility Study announced in July 2024. Over the first seven years, the
Ecora royalty entitlement is expected to generate an average annual royalty
entitlement of $30-35 million at planned production rates and spot commodity
prices.

The full announcement from Capstone can be viewed here
(https://capstonecopper.com/news/capstone-copper-announces-up-to-360-million-investment-from-orion-for-25-interest-in-santo-domingo/)
, along with the Santo Domingo Joint Venture Partnership Presentation
(https://d2ghdaxqb194v2.cloudfront.net/2801/198456.pdf) .

For further information

 

 Ecora Resources PLC                         +44 (0) 20 3435 7400
 Geoff Callow - Head of Investor Relations

 Website:                                    www.e (http://www.ecora-resources.com) cora-resources.
                                             (http://www.ecora-resources.com) com (http://www.ecora-resources.com)

 FTI Consulting                              +44(0) 20 3727 1000

 Sara Powell / Ben Brewerton / Nick Hennis   ecoraresources@fticonsulting.com (mailto:ecoraresources@fticonsulting.com)

 

 

About Ecora Resources

 

Ecora is a leading critical minerals focused royalty company.

 

Our vision is to be globally recognised as the royalty company of choice
synonymous with commodities that support trends of electrification 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 expected future demand growth.

 

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 materially
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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