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19 Sep 2024 15:32
19 September 2024
Echo Energy plc
("Echo" or the "Company")
Confirmation of Name Change to Nativo Resources plc
&
AIM Rule 26 Webpage
Echo (LON:ECHO), the Latin America focused natural resources company, is pleased to confirm the immediate change of name to Nativo Resources plc following the issue by Companies House of a change of name certificate dated 17 September 2024 (the "Name Change").
The Company confirms that the Name Change has been notified to the London Stock Exchange and trading in the Company's shares under the new company name and new TIDM of "NTVO" is expected to commence at 8.00 a.m. on 20 September 2024. The Company's ISIN and SEDOL remain unchanged.
In conjunction with the Name Change, the Company's website address will change to www.nativoresources.com. All information required by AIM Rule 26 will be located on the "AIM Rule 26" page of the website with effect from 8.00 a.m. on 20 September 2024.
Shareholder's rights are unaffected by the Name Change and existing share certificates should be retained and will remain valid.
Christian Yates, Echo Chair, commented:
"Today's Name Change is symbolic of a new era for the Company with its strategic focus now firmly on the development and mining of precious metals in Peru. We are excited to have commenced production of gold - the most familiar of the native metals due to its high capacity for endurance - at the Tesoro Gold Mine. The Nativo board is committed to growing value back for long-standing shareholders and creating value for our new investors from this opportunity in Peru."
For further information please contact:
Echo Stephen Birrell, Chief Executive Officer | Via Vigo Consulting nativo@vigoconsulting.com |
Zeus Capital Limited (Nominated Adviser and Joint Broker) James Joyce James Bavister Isaac Hooper | Tel: +44 (0)20 3829 5000 |
Peterhouse Capital limited (Joint Broker) Duncan Vasey Lucy Williams | Tel: +44 (0)20 7469 0930 |
Vigo Consulting (Investor Relations) Ben Simons Peter Jacob | Tel: +44 (0)20 7390 0234 nativo@vigoconsulting.com |
About Nativo Resources plc (formerly Echo Energy plc)
Following the partial divestment of its assets in Argentina, Nativo entered into a 50:50 joint venture in Peru in July 2024 with an experienced local partner for precious metals (gold/silver) mining and the cleaning of known tailings deposits containing Measured and Indicated resources of gold and silver. Through the JV, known as Boku Resources, Nativo has secured an opportunity to scale operations in Peru producing gold and silver through primary mining and tailings cleaning, owning 50% of the production and resources. Initially, Boku intends to establish formalised artisanal and small mining operations on its 100% held Tesoro Gold concession, southern Peru, targeting early cash flow generation by Q4 2024.
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LinkedIn: https://www.linkedin.com/company/echo-energy-plc
X (Twitter): https://x.com/nativoresources
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