RNS Number : 4263J
ECR Minerals PLC
20 May 2025
20 May 2025
ECR MINERALS PLC
("ECR Minerals", "ECR" or the "Company")
AIM Rule 17 Notification
ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, announces the following information relating to directors' disclosure pursuant to rule 17 and Schedule 2(g) of the AIM Rules for Companies.
Nick Tulloch, Chairman of the Company, was a director of DG Innovate PLC ("DG Innovate") from 10 April 2021 to 29 August 2024. In this regard, Nick Tulloch has recently become aware that on 30 April 2025 DG Innovate entered into a creditor's voluntary liquidation.
FOR FURTHER INFORMATION, PLEASE CONTACT:
ECR Minerals Plc
Tel: +44 (0) 02 8080 8176
Nick Tulloch, Chairman Andrew Scott, Director
info@ecrminerals.com
Website:www.ecrminerals.com
Allenby Capital Limited
Tel: +44 (0)3328 5656
Nominated Adviser Nick Naylor / Alex Brearley / Vivek Bhardwaj
info@allenbycapital.com
Axis Capital Markets Limited
Tel: +44 (0)203 026 0320
Broker
Lewis Jones
SI Capital Ltd
Tel: +44 (0) 1483 413500
Broker
Nick Emerson
Brand Communications
Tel: +44 (0) 7976 431608
Public & Investor Relations
Alan Green
ABOUT ECR MINERALS PLC
ECR Minerals is a mineral exploration and development company. ECR's wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd ("MGA") has 100% ownership of the Bailieston and Creswick gold projects in central Victoria, Australia, has six licence applications outstanding which includes one licence application lodged in eastern Victoria (Tambo gold project).
ECR also owns 100% of an Australian subsidiary LUX Exploration Pty Ltd ("LUX") which has three approved exploration permits covering 946 km2 over a relatively unexplored area in Lolworth Range, Queensland, Australia. The Company has also submitted a license application at Kondaparinga which is approximately 120km2 in area and located within the Hodgkinson Gold Province, 80km NW of Mareeba, North Queensland.
Following the sale of the Avoca, Moormbool and Timor gold projects in Victoria, Australia to Fosterville South Exploration Ltd (TSX-V: FSX) and the subsequent spin-out of the Avoca and Timor projects to Leviathan Gold Ltd (TSX-V: LVX), MGA has the right to receive up to A$2 million in payments subject to future resource estimation or production from projects sold to Fosterville South Exploration Limited.
MGA also has approximately A$75 million of unutilised tax losses incurred during previous operations.
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