REG - ECR Minerals PLC - Change of Nominated Adviser and Broker

ECR MineralsAnnouncement

15/07/2024 07:15

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RNS Number : 3129W  ECR Minerals PLC  15 July 2024

 

 

 

ECR Minerals

 

("the Company" and together with its subsidiaries "the Group")

 

Change of Nominated Adviser and Broker

ECR Minerals plc (AIM: ECR), the exploration and development company focused
on gold in Australia, announces its Nominated Adviser and Broker has changed
to Zeus Capital Limited with immediate effect.

 

This change follows completion of the acquisition by Zeus Capital Limited of
the WH Ireland Capital Markets Division (from WH Ireland Limited), announced
earlier today.

 

For further information please contact

 

 ECR Minerals plc                                                                                                                                                                                                                                           Tel: +44 (0) 1738 317 693
 Nick Tulloch, Chairman

 Andrew Scott, Director

 Email:

 info@ecrminerals.com
 Website: www.ecrminerals.com
 (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.ecrminerals.com%2F&esheet=51817334&newsitemid=20180605005810&lan=en-US&anchor=www.ecrminerals.com&index=1&md5=820ad49dc1fc2c84a0538453c017bc1b)

 Zeus Capital Limited                                                                                                                                                                                                                                       Tel: +44 (0) 203 829 5000
 Nominated Adviser

 Katy Mitchell / Andrew de Andrade

 Axis Capital Markets Limited                                                                                                                                                                                                                               Tel: +44 (0) 203 026 0320
 Broker
 Ben Tadd/Lewis Jones

 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.

 

ECR holds a royalty on the SLM gold project in La Rioja Province, Argentina
which could potentially receive up to US$2.7 million in aggregate across all
licences.

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