Money Genius Group
  • Investing
  • World News
  • Stock
  • Tech News
Investing

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

by May 28, 2025
May 28, 2025

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
ARR advances permitting at Cowboy State Mine
next post
Phase 1 Drill Program – Operational and Geological Progress Update

You may also like

Phase 1 Drill Program – Operational and Geological...

May 28, 2025

ARR advances permitting at Cowboy State Mine

May 28, 2025

Alzheimer’s Disease Treatment Stocks: 3 Biggest NASDAQ Companies

May 28, 2025

Larisa Sprott: Gold, Silver Early in Cycle, Smart...

May 27, 2025

Zijin to Take on Precious Metals Streaming as...

May 27, 2025

Eby Unveils Northwest BC Mining Plan Amid Backlash...

May 27, 2025

How to Invest in Silver: Buying Bullion, Stocks...

May 27, 2025

Greenvale Energy: Strategic Exploration of Prospective Uranium Assets...

May 27, 2025

Cartier Resources Inc. Announces AGM Election Results

May 27, 2025

Spearmint Proposes Share Consolidation

May 27, 2025

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


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

    Recent Posts

    • Larry Williams on the Fed, Interest Rates & Markets! What’s Next?

      May 28, 2025
    • Smarter Options Trading Starts Here! StockCharts + OptionsPlay

      May 28, 2025
    • Mixed Signals on the Charts? RRG Reveals Market Rotation Tension

      May 28, 2025
    • Is It A Pullback? Or is More Downside Ahead?

      May 28, 2025
    • The Best Five Sectors, #20

      May 28, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 moneygeniusgroup.com | All Rights Reserved

    Money Genius Group
    • Investing
    • World News
    • Stock
    • Tech News