News & Events
EL CAPITAN PRECIOUS METALS RENEGOTIATES CONTRACT TERMS TO SECURE HIGHER PRICE PER TON FROM CHINESE BUYER
Scottsdale, Arizona –El Capitan Precious Metals, Inc. (OTCQB: ECPN) announced today that it is completing a renegotiated contract for the sale of El Capitan ore to its Hong Kong-based buyer. The most significant point in the revised agreement is an increase in the price per ton that the Chinese buyer will pay for the El Capitan ore. This is based on a higher precious-metals content than previously anticipated in the original contract.
EL CAPITAN UPDATES 2015 GUIDANCE TO REFLECT DOCKWORKER STRIKE AND RESULTING DELAYS
Scottsdale, Arizona –El Capitan Precious Metals, Inc. (OTCQB: ECPN) today reported a revised financial
outlook for the fiscal year ending September 30, 2015. The revised outlook reflects a downward revision
to the Company’s financial outlook and is, in large part, a result of the protracted labor disputes involving
13,600 unionized dockworkers that have snarled trade at international seaports on the West Coast.
EL CAPITAN RELEASES 2015 GUIDANCE AND SECURES SHIPPING CONTAINERS
Scottsdale, Arizona – El Capitan Precious Metals, Inc. (OTCQB: ECPN) announced its financial outlook
for the fiscal year ending September 30, 2015. ECPN expects to book revenue from sales of precious
metals concentrates derived from head ore mining in the quarter ending March 31, 2015.