Share Name Share Symbol Market Type Share ISIN Share Description
Ecr Minerals LSE:ECR London Ordinary Share GB00BYYDKX57 ORD 0.001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.025p +2.22% 1.15p 1.10p 1.20p 1.15p 1.125p 1.125p 2,011,043 12:27:39
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.9 -0.0 - 2.85

ECR Minerals plc Directorate change

27/11/2017 10:29am

UK Regulatory (RNS & others)

Ecr Minerals (LSE:ECR)
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("ECR Minerals", "ECR" or the "Company")




The directors of ECR Minerals plc announce that Ivor Jones will be stepping down as a director and COO of the Company with effect from 30 November 2017 for personal reasons. ECR's CEO Craig Brown has been in Australia with Mr Jones over the past few weeks, and arrangements are being made for the transfer of his responsibilities.


ECR's subsidiary Mercator Gold Australia (MGA) has appointed Rodney Boucher, an experienced Victorian-based geologist to oversee its ongoing gold exploration activities in Central Victoria on a consulting basis. Rodney has extensive exploration experience in Victoria, including many years of involvement with Perseverance Corporation, the developers of the million-ounce Fosterville gold mine which is now owned by Kirkland Lake Gold. The Fosterville mine is located in the same district as MGA's Bailieston and Moormbool gold projects.


Craig Brown, CEO of ECR, commented:


"I would like to thank Ivor Jones for his service to ECR over the past year. We wish him well in his future endeavours.


Having spent the last few weeks in Australia with Ivor, I remain excited about the potential of ECR's licences in Central Victoria, and look forward to updating the market as we move ahead with our exploration plans in this prolific gold producing region."




ECR is a mineral exploration and development company. ECR's wholly owned Australian subsidiary Mercator Gold Australia has acquired 100% ownership of the Avoca, Bailieston, Moormbool and Timor gold projects in Victoria, Australia.


ECR has earned a 25% interest in the Danglay epithermal gold project, an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines. An NI43-101 technical report was completed in respect of the Danglay project in December 2015, and is available for download from ECR's website.


ECR's wholly owned Argentine subsidiary Ochre Mining has 100% ownership of the SLM gold project in La Rioja, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near-term production.




The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR). Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.



ECR Minerals plc                       Tel: +44 (0)20 7929 1010 
David Tang, Non-Executive Chairman 
Craig Brown, Director & CEO 
WH Ireland Ltd                         Tel: +44 (0)161 832 2174 
Nominated Adviser 
Katy Mitchell/James Sinclair-Ford 
Optiva Securities Ltd                  Tel: +44 (0)203 137 1902 
Graeme Dickson 
FlowComms                              Tel: +44 (0)7891 677 441 
Investor Relations 
Sasha Sethi 



This announcement may include forward looking statements. Such statements may be subject to numerous known and unknown risks, uncertainties and other factors that could cause actual results or events to differ materially from current expectations. There can be no assurance that such statements will prove to be accurate and therefore actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements. Any forward-looking statements contained herein speak only as of the date hereof (unless stated otherwise) and, except as may be required by applicable laws or regulations (including the AIM Rules for Companies), the Company disclaims any obligation to update or modify such forward-looking statements because of new information, future events or for any other reason.




3.1. Additional regulated information required to be disclosed under the laws of a Member State


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This information is provided by Business Wire 

(END) Dow Jones Newswires

November 27, 2017 05:29 ET (10:29 GMT)

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