Echo Energy (GB:ECHO) has released an update.
Echo Energy’s Non-Executive Chair, Christian Yates, has made a significant investment in the company, purchasing 243,172,784 ordinary shares, which equates to a 1.06% stake in the company. This transaction, executed on the London Stock Exchange, underscores the confidence of the leadership in Echo’s strategic ventures, including a new joint venture in Peru for precious metals mining aimed at generating cash flow by the end of 2024.
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