Challenger Gold

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 article includes content from Challenger Gold, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

CEL:AU
The Conversation (0)
Challenger Exploration

Challenger Exploration


Keep reading...Show less

Gold and Copper Exploration Across Known and Untapped Sources

Thistle Resources Corp.

St. Davids Capital Inc. and Thistle Resources Corp. Enter Definitive Agreement for Qualifying Transaction

St. Davids Capital Inc. (TSXV: SDCI.P) ("St. Davids" or the "Company") and Thistle Resources Corp. ("Thistle") are pleased to announce that, further to the news release dated July 10, 2025, they have entered into a definitive acquisition agreement dated September 15, 2025 (the "Acquisition Agreement") in respect of the previously announced arm's length "qualifying transaction" (the "Qualifying Transaction"), as such term is defined in Policy 2.4 - Capital Pool Companies of the TSX Venture Exchange (the "TSXV") Corporate Finance Manual. In this news release, the term "Resulting Issuer" refers to the Company after the closing of the Qualifying Transaction.

Thistle Resources Corp.

Keep reading...Show less
Gold bar on top of many gold nuggets.

How to Use Gold Investments as a Hedge

It can be tempting for investors to focus on specific assets or strategies when building an investment portfolio, but those taking a long-term approach will want to diversify in order to balance out potential portfolio instability.

Gold has a reputation for being a reliable diversifier because it can act as a hedge against various risks.

For those unfamiliar with the term, put simply, a hedge is an investment position whose main purpose is to offset potential losses or gains related to another asset. But how does that work, and what's the best way to get exposure to gold as a hedge?

Keep reading...Show less
Red stamp on paper with "approved" in bold red letters.

Brightstar Resources Gets Approval for Lord Byron Open-pit Mining Proposal

Brightstar Resources (ASX:BTR,OTCQB:BTRAF) said on Monday (September 22) that the Department of Mines, Petroleum and Exploration has approved its mining proposal and mine closure plan for the Lord Byron project.

Lord Byron is located approximately 85 kilometres southeast of Laverton, Western Australia.

The gold asset was acquired by Brightstar as part of its purchase of Linden Gold in July 2024.

Keep reading...Show less
Gareth Soloway, gold, silver and Bitcoin.

Gareth Soloway: Gold's Next Price Target, Plus Silver and Bitcoin Calls

Gareth Soloway of VerifiedInvesting.com shares price targets for gold, silver and Bitcoin.

He also discusses the health of the US economy and shares concerns about the stock market.

Keep reading...Show less
Three gold bars on price chart with magnifying glass.

What Was the Highest Price for Gold?

Gold has long been considered a store of wealth, and the price of gold often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset.

The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs as market participants seek its perceived security.

And each time the gold price rises, there are calls for even higher record-breaking levels.

Keep reading...Show less
Prince Silver (CSE:PRNC)

Prince Silver Announces Approved to Commence Trading on OTCQB

Prince Silver Corp. ("Prince" or the "Company") (CSE:PRNC)(OTCQB:PRNCF) is pleased to announce that it has been approved for trading on the OTCQB Venture Market ("OTCQB") effective September 24, 2025. The shares trade on the OTCQB under trading symbol "PRNCF". The Company's shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol "PRNC"

"Trading on the OTCQB gives Prince enhanced access to the U.S. capital markets and makes it easier for American investors to participate in our Nevada based silver growth story" said Ralph Shearing, President of the Company.

Keep reading...Show less

Latest Press Releases

Related News