ECR Minerals plc Directorate change

 
TIDMECR 
 
 

ECR MINERALS plc

("ECR Minerals", "ECR" or the "Company")

DIRECTORATE CHANGE

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."

ABOUT ECR

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.

MARKET ABUSE REGULATIONS (EU) No. 596/2014

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.

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
ECR Minerals plc                       Tel: [phone] 
David Tang, Non-Executive Chairman 
Craig Brown, Director & CEO 
Email: [e-mail] 
Website: www.ecrminerals.com 
WH Ireland Ltd                         Tel: [phone] 
Nominated Adviser 
Katy Mitchell/James Sinclair-Ford 
Optiva Securities Ltd                  Tel: [phone] 
Broker 
Graeme Dickson 
FlowComms                              Tel: [phone] 
Investor Relations 
Sasha Sethi 
 
 

FORWARD LOOKING STATEMENTS

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.

LEI: 213800PBXY96KXHISJ17

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

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(END) Dow Jones Newswires

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