Ecora notes Vale's Sept. 4 NR about Voisey's Bay test

Mr. Geoff Callow reports ECORA RESOURCES PLC ANNOUNCES COMPLETION OF VOISEY'S BAY COBALT THROUGHPUT TEST Ecora Resources PLC has noted the announcement on Sept. 4 by Vale Base Metals that it has completed the cobalt throughput test at its Voisey's Bay mine. The test achieved an average throughput rate of 93.7 per cent over a 90-day period. Ecora holds a 70-per-cent net interest in a cobalt stream over the Voisey's Bay mine and is entitled to receive 22.82 per cent of all cobalt production from Voisey's Bay up until 7,600 tonnes of finished cobalt have been delivered, and 11.41 per cent entitlement thereafter. About Ecora Resources PLC Ecora is a leading critical-mineral-focused royalty company. Its vision is to be globally recognized as the royalty company of choice synonymous with commodities that support trends of electrification by continuing to expand and diversify its royalty portfolio in line with its strategy. It will achieve this through building a diversified portfolio of scale over high-quality assets that drive 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 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. Its strategy is to acquire royalties and streams over low-cost operations and projects with strong management teams, in well-established mining jurisdictions. Its portfolio has been reweighted to provide material exposure to this commodity basket, and the company has transitioned from a coal-oriented royalty business in 2014 to one that by 2026 will be materially coal free and composed of over 90-per-cent 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 its royalty portfolio. Ecora's shares are listed on the London and Toronto stock exchanges and trade on the OTCQX Best Market.