Anglo Pacific Group PLC announces name change to Ecora Resources

Change of name to Ecora Resources

LONDON, UK / ACCESSWIRE / October 5, 2022 / Anglo Pacific Group PLC (“the Company”) announces that it has changed its name to Ecora Resources PLC.

The new name reflects the Group’s successful transformation from a business primarily related to coal royalties to one which, by 2026, is expected to generate more than 90% of its revenue contribution from the raw materials needed to support a sustainable future.

The Company’s Tradeable Instrument Display Mnemonic (TIDM) will change to “ECOR” on the London and Toronto Stock Exchanges, from “APF” (London) and “APY” (Toronto). The Company’s shares will trade under the new name and TIDM on the London Stock Exchange from 8:00 a.m. tomorrow, Thursday, October 6, 2022, and on the Toronto Stock Exchange from 9:30 a.m. ET on October 6, 2022.

The existing ISIN and SEDOL numbers relating to the Company’s Ordinary Shares will remain unchanged. Shareholders should note that their holdings will not be affected by the change and no action needs to be taken.

The Company’s website has also changed to: www.ecora-resources.com.

For more information, please contact:

Ecora Resources

+44 (0) 20 3435 7400

Marc Bishop Lafleche – President and CEO

Kevin Flynn – Chief Financial Officer

Geoff Callow – Head of Investor Relations

Website:

www.ecora-resources.com

RBC Capital Markets

Farid Dadachev/James Agnew/Jamil Miah

+44 (0) 20 7653 4000

Peel Hunt LLP

Ross Allister/David McKeown

+44 (0) 20 7418 8900

Berenberg

Matthew Armitt / Jennifer Lee / Detlir Elezi

+44 (0) 20 3207 7800

Camarco

Gordon Poole/Owen Roberts/Elfie Kent

+44 (0) 20 3757 4997

About Ecora Resources PLC:

Ecora Resources is a leading royalty company focused on supporting the supply of raw materials critical to creating a sustainable future.

Our vision is to be globally recognized 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 by building a broad, diversified portfolio of high-quality assets that generate earnings growth and low-volatility shareholder returns.

The mining sector has an essential role to play in the energy transition, with raw materials such as copper, nickel and cobalt, key materials for the manufacture of batteries and electric vehicles. Copper also plays an essential role in our electrical networks. All these raw materials are extracted and there are not enough mines in operation today to provide the volume necessary for the energy transition.

Our strategy is to acquire royalties and streams on low-cost operations and projects with strong management teams, in well-established mining jurisdictions. Our portfolio has been reweighted to provide significant exposure to this basket of commodities and we have successfully transitioned from a coal-focused royalty business in 2014 to one that, by 2026, will be materially coal-free and composed of more than 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.

This information is provided by RNS, the information service of the London Stock Exchange. RNS is authorized by the Financial Conduct Authority to act as a primary information provider in the UK. Terms and conditions relating to the use and distribution of this information may apply. For more information, please contact [email protected] or visit www.rns.com.

THE SOURCE: Anglo Pacific Group PLC

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