Completion of royalty acquisition
In brief · summary, not quotable
Completed acquisition of 0.85% gross revenue royalty over Phalaborwa Rare Earths Project in South Africa.
Full announcement
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Further to the announcement on 1 July 2024, Ecora (LSE/TSX: ECOR) announces that it has completed the acquisition of a 0.85% Gross Revenue Royalty over the Phalaborwa Rare Earths Project in South Africa. The acquisition provides Ecora with exposure to the rare earth elements required in permanent magnets used in wind turbines and electric engines.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.