{"id":18092,"date":"2025-05-28T07:54:35","date_gmt":"2025-05-28T07:54:35","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/05\/28\/investment-protection-agreement-with-the-ecuador-government-on-challengers-el-guayabo-project\/"},"modified":"2025-05-28T07:54:35","modified_gmt":"2025-05-28T07:54:35","slug":"investment-protection-agreement-with-the-ecuador-government-on-challengers-el-guayabo-project","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/05\/28\/investment-protection-agreement-with-the-ecuador-government-on-challengers-el-guayabo-project\/","title":{"rendered":"Investment Protection Agreement with the Ecuador Government on Challenger\u2019s El Guayabo Project"},"content":{"rendered":"<\/p>\n<p><strong>Challenger Gold Limited<\/strong> (ASX: CEL) (\u2018CEL\u2019 or the \u2018Company\u2019) is pleased to announce it has entered into an Investment Protection Agreement (\u201cIPA\u201d or \u201cthe Agreement\u201d) with the Government of Ecuador for its 100% owned El Guayabo Project (\u201cEl Guayabo\u201d or \u201cthe Project\u201d). 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\u2019s investment. <\/p>\n<p>The IPA covers US$75 million in investment from CEL encompassing expenditures from CEL\u2019s 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:<\/p>\n<p>Regulatory stability and protection from changes to the current legal framework<br \/>\nThe 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<br \/>\nThe IPA guarantees rights including non-discriminatory treatment, property protection, and legal certainty<br \/>\nInternational 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 <\/p>\n<p><strong>Commenting on the Investment Protection Agreement, CEL Managing Director, Mr Kris Knauer, said<\/strong><\/p>\n<p><em>\u201cThe completion of the Investment Protection Agreement is a significant development for the Project..<\/em><\/p>\n<p><em>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.<\/em><\/p>\n<p><em>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.\u2018  <\/em><em><\/em><\/p>\n<\/p>\n<p><strong>Click here for the full ASX Release<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Challenger Gold Limited (ASX: CEL) (\u2018CEL\u2019 or the \u2018Company\u2019) is pleased to announce it has entered into an Investment Protection Agreement (\u201cIPA\u201d or \u201cthe Agreement\u201d) with the Government of Ecuador for its 100% owned El Guayabo Project (\u201cEl Guayabo\u201d or \u201cthe Project\u201d). Under the terms of the IPA, the Government of Ecuador has granted CEL [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":18093,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-18092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/18092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=18092"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/18092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/18093"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=18092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=18092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=18092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}