Ecora Resources completes sale of Dugbe NSR royalty

Executive Summary

• Ecora Resources PLC completed the sale of a wholly‑owned subsidiary that holds a 2 % NSR royalty on the development‑stage Dugbe gold project in Liberia.
• Total consideration for the royalty is up to $20 million; $16.5 million was received at closing.

Key Details

• Asset Sold: 100 % of Ecora’s subsidiary owning a 2 % net smelter return (NSR) royalty on the Dugbe gold project, Liberia.
• Buyer: A subsidiary of Elemental Altus Royalties Corp.
• Consideration Structure: Up‑front cash payment of $16.5 million at completion; remaining consideration up to $3.5 million contingent on future milestones (not specified in release).
• Transaction Value: Maximum $20 million total purchase price.
• Closing Date: Completed as of the announcement date (2026‑04‑01).

Notable Quotes

(No quotes were provided in the release.)