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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ecr Minerals Plc | 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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.31 | 0.305 | 0.315 | 0.31 | 0.31 | 0.31 | 2,525,722 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
ECR MINERALS PLC
("ECR Minerals", "ECR" or the "Company")
Retirement of Non-Executive Director
ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, announces that Trevor Davenport has informed the Board of his intention to retire from his role as Non-Executive Director at the end of this year.
Trevor joined the Board over three years ago and has played an invaluable role in guiding the Company through a period of significant changes. His insight and expertise have been instrumental in supporting ECR's strategic direction during this time.
The Board wishes to express its sincere gratitude to Trevor for his dedication and the valuable contributions he has made. While he steps back from his formal role, ECR looks forward to maintaining a consultancy relationship with him in the future, particularly drawing on his deep technical expertise.
The Board believes that it would benefit from the appointment of a replacement Non-Executive Director and is considering options in relation to this.
Nick Tulloch, ECR's Chairman said: ''Trevor has been an integral part of our Board, bringing wisdom, expertise and unwavering commitment. His contributions over the past three years have helped guide the Company through some challenging times and position us well for future success. We are immensely grateful for his service and dedication, and while he will be missed on the Board, we look forward to continuing to benefit from his technical expertise in the future."
FOR FURTHER INFORMATION, PLEASE CONTACT:
ECR Minerals Plc |
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Tel: +44 (0) 1738 317 693 |
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Nick Tulloch, Chairman Andrew Scott, Director |
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Email: info@ecrminerals.com |
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Website: www.ecrminerals.com |
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Allenby Capital Limited |
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Tel: +44 (0) 3328 5656 |
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Nominated Adviser Nick Naylor / Alex Brearley / Vivek Bhardwaj |
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Axis Capital Markets Limited |
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Tel: +44 (0) 203 026 0320 |
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Broker |
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Ben Tadd / Lewis Jones |
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SI Capital Ltd |
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Tel: +44 (0) 1483 413500 |
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Broker |
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Nick Emerson
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Brand Communications |
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Tel: +44 (0) 7976 431608 |
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Public & Investor Relations |
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Alan Green |
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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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