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.
Follow us on social media:
LinkedIn: https://www.linkedin.com/company/echo-energy-plc
X (Twitter): https://x.com/nativoresources