REG - Nativo Resources Plc - Framework Agreement-Expanded Mining Opportunities

Nativo ResourcesAnnouncement

21/05/2026 07:00

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RNS Number : 1696F  Nativo Resources Plc  21 May 2026

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

21 May 2026

Nativo Resources Plc

("Nativo" or the "Company")

Framework Agreement for Expanded Gold Mining Opportunities, Peru

Nativo Resources plc (LON: NTVO), the Peru-focused gold mining company, is
pleased to announce it has entered into a framework agreement (the "Framework
Agreement") with Constructora e Inversiones Andina Kuboc C&P SAC ("Kuboc")
pursuant to which the parties intend to work together to identify, evaluate
and, where approved by Nativo, develop new gold and other precious metals
mining opportunities in Peru. Under the Framework Agreement, Kuboc will act as
operator of any approved projects, with Nativo funding approved expenditure.
Where a project proceeds to development, Nativo will hold a 75% interest and
Kuboc a 25% interest in the project special purpose vehicle, subject to Nativo
first recovering its invested capital. Nativo will have a pre-cost recovery
"waterfall" where the profit share is 85% : 15% in favour of Nativo until full
cost recovery.

Founded in 2019, Kuboc is an experienced Peruvian mining services provider
currently operating two mines. It has expertise in non-ferrous metals
(including gold) as well as transport and construction in the mining sector.
Kuboc is authorised by the Peruvian Ministry of Energy and Mines (MINEM) for
exploration, exploitation, development and beneficiation of minerals.

The parties have initially identified a short list of gold, silver and copper
exploration opportunities, across the Ayacucho, La Libertad, Arequipa and
Ancash regions at varying stages of development.

Nativo's initial exposure to review the identified projects is not expected to
exceed US$70,000.

Stephen Birrell, Chief Executive Officer of Nativo, commented:

"This agreement creates a framework through which we can pursue additional
opportunities in partnership with an established mining contractor in-country
with a strong operational track record. The criteria for project selection
will be based on projects being commercially rewarding and able to be in
production within 12 months, i.e. effectively being shovel ready. As we
continue executing our strategy in Peru by progressing towards initial ore
sales, advancing our processing capabilities and evaluating our concession
portfolio, we believe having a trusted local operating partner strengthens our
ability to identify, assess and efficiently advance future growth
opportunities."

For further information please contact:

 

  Nativo Resources                             Via Vigo Consulting

  Stephen Birrell, Chief Executive Officer     nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)
  Zeus (Nominated Adviser and Joint Broker)    Tel: +44 (0)20 3829 5000

  James Joyce

  James Bavister
  Axis Capital Markets (Joint Broker)          Tel: +44 (0)20 3026 0320

  Richard Hutchison

  Lewis Jones
  Vigo Consulting (Investor Relations)         Tel: +44 (0)20 7390 0234

  Ben Simons                                   nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)

  Seb Weller

 Anna Sutton

 

About Nativo Resources plc

Nativo has interests in gold projects in Peru. The Company's strategy is based
on three core activities: primary gold mining, gold ore processing, and the
recovery of gold from tailings. The Company has already acquired or optioned
several projects for development and has identified additional opportunities
for expansion. Nativo's nearest-term objective is to scale operations on the
Tesoro Gold Concession, focusing on the Bonanza and Morrocota mines. Nativo
may allocate portions of free cash flow from mining and processing activities
and future fundraises to Bitcoin purchases and may consider holding Bitcoin as
a long-term treasury reserve asset.

 

Follow us on social media:

LinkedIn: https://uk.linkedin.com/company/nativoresources-plc
(https://uk.linkedin.com/company/nativoresources-plc)

X: https://x.com/nativoresources (https://x.com/nativoresources)

 

 

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