Key Developments: ECR Minerals PLC (ECRE.L)

ECRE.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

ECR Minerals announces commencement of drilling
Monday, 14 Apr 2014 09:22am EDT 

ECR Minerals PLC:Says drilling commences at Itogon gold-silver project in Philippines on April 12.Completion of this phase of drilling is expected by the end of April 2014.  Full Article

ECR Minerals PLC Announces Renewal of Exploration Permit for Itogon Gold-Silver Project
Friday, 22 Nov 2013 03:51am EST 

ECR Minerals PLC announced that the exploration permit pertaining to the Itogon gold-silver project in the Philippines held by Cordillera Tiger Gold Resources Inc. (“Cordillera Tiger”) has been renewed for a period of two years from October 1, 2013. ECR has the right to earn a 50% interest in the Itogon project.  Full Article

ECR Minerals PLC Announces Exercise Of Warrants
Tuesday, 10 Sep 2013 02:00am EDT 

ECR Minerals PLC announced the issue and allotment of 12,500,000 new ordinary shares of the Company at a price of 0.2p per share pursuant to the exercise of 12,500,000 share purchase warrants previously granted by the Company in connection with the redemption of convertible loan notes. Subscription monies of £25,000 have been received by ECR in respect of the exercise of the warrants. Pursuant to this announcement, application has been made for a total of 12,500,000 new ordinary shares of the Company to be admitted to trading on AIM. This is expected to occur on September 13, 2013. Following admission, ECR`s issued ordinary share capital will consist of 2,921,629,313 ordinary shares.  Full Article

ECR Minerals PLC Announces Exercise Of Warrants
Friday, 6 Sep 2013 02:00am EDT 

ECR Minerals PLC announced the issue and allotment of 25,000,000 new ordinary shares of the Company at a price of 0.2 pence per share pursuant to the exercise of 25,000,000 Warrants. Subscription monies of GBP50,000 have been received by ECR in respect of the exercise of the Warrants. Pursuant to this announcement, application has been made for a total of 25,000,000 new ordinary shares of the Company to be admitted to trading on AIM. This is expected to occur on September 11, 2013. Following admission, ECR`s issued ordinary share capital will consist of 2,909,129,313 ordinary shares. The new ordinary shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.  Full Article

ECR Minerals PLC Announces Placing To Raise GBP450,000
Wednesday, 12 Jun 2013 02:00am EDT 

ECR Minerals plc announced that the placing of 450,000,000 new ordinary shares of GBP0.001 each at a placing price of GBP0.001 each to raise GBP450,000 before expenses. The Placing is conditional, inter alia, on the admission of the Placing Shares to AIM. Daniel Stewart & Company plc, ECR's AIM nominated adviser and broker, acted for the Company in the Placing. The combined proceeds of the Placing and the placing announced on May 22, 2013 will be employed to meet costs incurred in pursuit of these objectives and for general corporate purposes.  Full Article

ECR Minerals PLC Announces Placing To Raise GBP400,000
Wednesday, 22 May 2013 02:00am EDT 

ECR Minerals PLC announced the placing (the Placing) of 400,000,000 new ordinary shares of GBP0.001 each at a placing price of GBP0.001 each (the Placing Shares) to raise GBP400,000 before expenses. Additionally, the Company is issuing 157,473,000 new ordinary shares at a price of GBP0.001 to creditors of ECR to settle certain existing and future obligations of the Company (the Conversion Shares) totalling GBP157,473. Of these Conversion Shares, 114,904,000 new ordinary shares are being issued to YA Global Master SPV Ltd (YA) in settlement of repayments due to YA in May and June 2013 pursuant to the loan of USD1 million received from YA in August 2012. Finally, the Company is issuing a total of 46,663,200 new ordinary shares at a price of GBP0.001 each to the directors of ECR in lieu of unpaid fees totalling GBP46,663.20 accrued since late 2012 (the Director Shares).  Full Article

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