Crazy Flux
  • Business
  • World
  • Stocks
  • Investing
  • Business
  • World
  • Stocks
  • Investing

Crazy Flux

Investing

Investment Protection Agreement with the Ecuador Government on Challenger’s El Guayabo Project

by admin May 28, 2025
May 28, 2025
Investment Protection Agreement with the Ecuador Government on Challenger’s El Guayabo Project

Challenger Gold Limited (ASX: CEL) (‘CEL’ or the ‘Company’) is pleased to announce it has entered into an Investment Protection Agreement (“IPA” or “the Agreement”) with the Government of Ecuador for its 100% owned El Guayabo Project (“El Guayabo” or “the Project”). Under the terms of the IPA, the Government of Ecuador has granted CEL legal protections including stability of the regulatory framework, resolution of disputes through international arbitration, and protection of CEL’s investment.

The IPA covers US$75 million in investment from CEL encompassing expenditures from CEL’s initial acquisition of the project in 2019 and expenditure incurred until the end of 2027. It has an initial term of 8 years and is renewable. Key incentives and protections under the IPA include:

  • Regulatory stability and protection from changes to the current legal framework
  • The legal framework at the time of execution will continue to apply if the terms are more favourable to the project owner than any potential new framework
  • The IPA guarantees rights including non-discriminatory treatment, property protection, and legal certainty
  • International arbitration, should there be any disputes in relation to the Project, with the seat of arbitration in London under the rules of the International Chamber of Commerce

Commenting on the Investment Protection Agreement, CEL Managing Director, Mr Kris Knauer, said

“The completion of the Investment Protection Agreement is a significant development for the Project..

The IPA provides certainty with respect to the legal framework governing the Project, including stable mining regulations and fiscal terms, and security of title and investment for the term of the agreement. Additionally, it provides protection from all forms of confiscation and a mechanism for international arbitration should there be any disputes related to the project.

The IPA is also timely given recent corporate action in Ecuador as we take steps to monetise our Ecuador assets following the significant resource upgrade from 4.5 million ounce1 to 9.1 million ounces1,2,3.‘

Click here for the full ASX Release

This post appeared first on investingnews.com

previous post
Phase 1 Drill Program – Operational and Geological Progress Update
next post
Zijin to Take on Precious Metals Streaming as Gold Price Soars

Related Posts

Bitcoin Well Enables Lightning Network to Sell Bitcoin...

April 11, 2025

Stallion Uranium to Resume Trading on the TSX-V and...

July 5, 2025

Operational Update

June 4, 2025

Trump Threatens to Double Tariffs on Canadian Steel...

March 13, 2025

Silver Reserves: Top 5 Countries

May 29, 2025

Finlay Minerals Receives TSX Venture Exchange Approval for...

May 3, 2025

Top 5 Canadian Mining Stocks This Week: Durango...

February 16, 2025

Walker Lane Resources Ltd. Receives TSX Approval for...

June 10, 2025

GMV Minerals Inc. Extends Exclusive Option to Acquire...

June 13, 2025

Mawson Finland Announces Upsize of Brokered Private Placement

February 15, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • The Real Drivers of This Market: AI, Semis & Robotics

      August 1, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      August 1, 2025
    • Sranan Gold Samples Additional High-Grade Gold Mineralization at the Tapanahony Project in Suriname

      August 1, 2025
    • Saskatchewan Shines in Mining Survey, Finland Takes Global Lead

      August 1, 2025
    • Angkor Resources Assists With Aid Efforts For Displaced Cambodians Due To Border Conflict

      August 1, 2025
    • Group Eleven Closes C$5.75M Bought Deal Private Placement, Including Full Exercise of C$750,000 Underwriters’ Option

      August 1, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: crazyflux.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 crazyflux.com | All Rights Reserved