REG-ECR Minerals plc Result of AGM <Origin Href="QuoteRef">ECRE.L</Origin>

ECR MineralsAnnouncement

31/03/2015 11:40

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LONDON--(Business Wire)--


ECR MINERALS plc

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

AIM: ECR 

US OTC: MTGDY 

RESULT OF AGM AND STATEMENT

LONDON: 31 MARCH 2015 - The board of directors of ECR Minerals plc (the "Board")
announces that at the Company`s annual general meeting (AGM) held at 9.30am
today all resolutions proposed were passed. 

After the business of the meeting, the following statement was read by Paul
Johnson, the Company`s Non-Executive Chairman: 

"On behalf of the Board, I would like to thank shareholders for their support
over the past year, which has been a testing time for the mineral sector. During
the year, ECR has pressed ahead with operations at the Itogon gold project in
the Philippines and the SLM gold project in Argentina, as well as carrying out
detailed evaluations of a number of potential new investments. 

Although mineral exploration and development is inherently a high risk activity,
the Board believes the path to creating shareholder value in a business such as
ECR lies in working to understand the economic potential of the Company`s
projects as fully as reasonably possible, and working thereafter, assuming it is
economically and technically feasible to do so, to move the projects forward
into production or seek to realise their value by other means. The ECR team
intend to continue striving to implement this strategy intelligently and cost
effectively." 

ABOUT ECR

ECR is a mineral exploration and development company with, among other
interests, the right to earn a 50% interest in the Itogon gold project in the
Philippines. Itogon is an advanced exploration project located in a gold and
copper mining district in the north of the Philippines. 

ECR has a 100% interest in the SLM gold project in La Rioja Province, Argentina,
the exploration strategy for which is to delineate multiple medium to high
grade, low tonnage deposits suitable for advancement to production on a
relatively low capital, near term basis. 

ECR continues to review potential new investments on a highly selective basis,
with a concentration on precious, base and strategic metals projects in Asia and
South America. 

FOR FURTHER INFORMATION PLEASE CONTACT: 
 
 ECR Minerals plc                                Tel: +44 (0)20 7929 1010        
 Paul Johnson, Non-Executive Chairman                                            
 Stephen Clayson, Director & CEO                                                 
 Richard (Dick) Watts, Technical Director                                        
                                                                                 
 Email: info@ecrminerals.com                                                     
 Website: www.ecrminerals.com                                                    
                                                                                 
 Cairn Financial Advisers LLP                    Tel: +44 (0)207 148 7900        
 Nominated Adviser                                                               
 Jo Turner/Emma Earl                                                             
                                                                                 
 Daniel Stewart & Company plc                    Tel: +44 (0)20 7776 6550        
 Broker                                                                          
 Colin Rowbury                                                                   
 
 
FORWARD LOOKING STATEMENTS

This announcement may include forward looking statements. Such statements may be
subject to a number of 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 as a result of new information, future events or
for any other reason. 
 
ECR Minerals plc 

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