Ecora Resources PLC Announces Directorate change
Ecora Resources PLC (OTCQX: ECRAF) has announced the appointment of Michael Falconer as a non-executive director, effective September 9, 2025. The appointment comes as part of the relationship agreement with South32 Limited, which allows South32 to appoint a director when holding at least 10% of Ecora's shares.
Falconer brings over 20 years of mining sector experience, having served in senior roles at Lonmin, BHP, and most recently as Vice President Business Development at South32. His experience includes leading South32's thermal coal operations divestment in South Africa and overseeing the sale of South32's royalty portfolio to Ecora in 2022.
Ecora is transitioning from a coal-focused business to a critical minerals royalty company, with plans to be 90% focused on sustainable future commodities and materially coal-free by 2026.
Ecora Resources PLC (OTCQX: ECRAF) ha annunciato la nomina di Michael Falconer a direttore non esecutivo, con decorrenza dal 9 settembre 2025. La nomina rientra nell'accordo di relazione con South32 Limited, che prevede la possibilit脿 per South32 di designare un amministratore quando detiene almeno il 10% delle azioni di Ecora.
Falconer vanta oltre 20 anni di esperienza nel settore minerario, avendo ricoperto posizioni dirigenziali in Lonmin, BHP e, pi霉 recentemente, come Vice President Business Development presso South32. Tra i suoi incarichi ha guidato la cessione delle attivit脿 di carbone termico di South32 in Sudafrica e la vendita del portafoglio di royalty di South32 a Ecora nel 2022.
Ecora sta evolvendo da un business incentrato sul carbone a una societ脿 di royalty sui minerali critici, con l'obiettivo di concentrarsi per il 90% su commodity sostenibili per il futuro e di essere sostanzialmente priva di carbone entro il 2026.
Ecora Resources PLC (OTCQX: ECRAF) ha anunciado el nombramiento de Michael Falconer como director no ejecutivo, con efecto a partir del 9 de septiembre de 2025. El nombramiento se enmarca en el acuerdo con South32 Limited, que permite a South32 designar un director cuando posee al menos el 10% de las acciones de Ecora.
Falconer aporta m谩s de 20 a帽os de experiencia en el sector minero, habiendo ocupado puestos s茅nior en Lonmin, BHP y, m谩s recientemente, como Vice President Business Development en South32. Entre sus responsabilidades estuvo liderar la desinversi贸n de las operaciones de carb贸n t茅rmico de South32 en Sud谩frica y supervisar la venta de la cartera de regal铆as de South32 a Ecora en 2022.
Ecora est谩 pasando de un negocio centrado en el carb贸n a convertirse en una compa帽铆a de regal铆as sobre minerales cr铆ticos, con planes de enfocarse en un 90% en materias primas sostenibles para el futuro y quedar materialmente libre de carb贸n para 2026.
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Ecora Resources PLC (OTCQX: ECRAF) a annonc茅 la nomination de Michael Falconer en tant qu'administrateur non ex茅cutif, 脿 compter du 9 septembre 2025. Cette nomination s'inscrit dans le cadre de l'accord de relation avec South32 Limited, qui permet 脿 South32 de d茅signer un administrateur lorsqu'elle d茅tient au moins 10 % des actions d'Ecora.
Falconer apporte plus de 20 ans d'exp茅rience dans le secteur minier, ayant occup茅 des postes de direction chez Lonmin, BHP et, plus r茅cemment, en tant que Vice President Business Development chez South32. Son exp茅rience comprend la conduite de la cession des activit茅s de charbon thermique de South32 en Afrique du Sud et la supervision de la vente du portefeuille de redevances de South32 脿 Ecora en 2022.
Ecora est en train de passer d'une entreprise ax茅e sur le charbon 脿 une soci茅t茅 de redevances sur les min茅raux critiques, avec l'objectif d'锚tre 脿 90 % tourn茅e vers les mati猫res premi猫res durables pour l'avenir et essentiellement sans charbon d'ici 2026.
Ecora Resources PLC (OTCQX: ECRAF) hat die Ernennung von Michael Falconer zum nicht-exekutiven Direktor mit Wirkung zum 9. September 2025 bekanntgegeben. Die Ernennung erfolgt im Rahmen der Beziehungsvereinbarung mit South32 Limited, die South32 das Recht einr盲umt, einen Direktor zu benennen, wenn es mindestens 10 % der Ecora-Aktien h盲lt.
Falconer bringt 眉ber 20 Jahre Erfahrung im Bergbau mit und hatte F眉hrungspositionen bei Lonmin, BHP und zuletzt als Vice President Business Development bei South32 inne. Zu seinen Aufgaben geh枚rte die Leitung der Ver盲u脽erung der thermischen Kohleaktivit盲ten von South32 in S眉dafrika sowie die Aufsicht 眉ber den Verkauf des Royalty-Portfolios von South32 an Ecora im Jahr 2022.
Ecora wandelt sich von einem kohleorientierten Unternehmen zu einer Royalty-Gesellschaft f眉r kritische Mineralien und plant, sich zu 90 % auf nachhaltige Zukunftsrohstoffe zu konzentrieren und bis 2026 faktisch kohlefrei zu sein.
- Strategic board appointment bringing extensive mining sector expertise and familiarity with Ecora's royalty portfolio
- Company's successful transition from coal to critical minerals focused royalties
- Strong positioning in high-demand commodities essential for energy transition
- Significant board influence granted to South32 through relationship agreement
- Continued exposure to coal assets until 2026 transition completion
LONDON, UK / / September 4, 2025 / Ecora Resources PLC (LSE:ECOR)(TSX:ECOR) announces that, in accordance with the terms of the relationship agreement between the Company and a wholly-owned subsidiary of South32 Limited ("South32") (the "Relationship Agreement"), Michael Falconer has been appointed to the Board of the Company as a non-executive director with effect from 9 September 2025.
Michael has been nominated by South32 pursuant to its right under the Relationship Agreement to appoint a director to the Board for so long as it holds not less than
Michael has over 20 years' experience in the mining sector, having held senior commercial and business development roles at Lonmin, BHP and most recently as the Vice President Business Development at South32 where he led the divestment of South32's thermal coal operations in South Africa and oversaw the sale of the South32 royalty portfolio acquired by Ecora in 2022.
Andrew Webb, Chairman of Ecora, commented:
"We welcome South32's nomination of Michael to the Board. His familiarity with the operations underlying the portfolio of royalties the Group acquired from South32 in 2022, together with his business development background in the mining sector complement our existing Board skillset. We look forward to Michael's contribution and the ongoing support of South32 as Ecora continues to grow its portfolio of critical mineral focused royalties."
This announcement satisfies Ecora's disclosure obligations in accordance with UK Listing Rule 6.4.8.
For further information:
Ecora Resources PLC | +44 (0) 20 3435 7400 |
Jason Gray - Company Secretary | |
Website: | |
FTI Consulting Sara Powell / Ben Brewerton / Nick Hennis | +44 (0) 20 3727 1000 |
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 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 materially coal free and comprised of over
Ecora's shares are listed on the London and Toronto Stock Exchanges (ECOR) and trade on the OTCQX Best Market (OTCQX: ECRAF).
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit .
SOURCE: Ecora Resources PLC
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