REG-ECR Minerals plc Update on Mercator Gold Australia <Origin Href="QuoteRef">ECRE.L</Origin>

ECR MineralsAnnouncement

24/11/2014 14:09

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LONDON--(Business Wire)--


ECR MINERALS plc

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

AIM: ECR 

US OTC: MTGDY 

UPDATE ON MERCATOR GOLD AUSTRALIA

LONDON: 15 SEPTEMBER 2014 - ECR Minerals plc is pleased to announce, further to
its announcement of 27 August 2014, that the Company has been informed by the
external administrators (the "Administrators") of its 100% owned Australian
subsidiary Mercator Gold Australia Pty Ltd ("MGA") that the Administrators have
despatched cheques in respect of a second and final dividend to unsecured
creditors of MGA (excluding the Company). 

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 on the island of Luzon in the north of the Philippines. 

ECR has a 100% interest in the Sierra de las Minas gold project in 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 holds a substantial minority stake in THEMAC Resources Group Ltd (TSX-V:
MAC), which is focused on the development of the Copper Flat
copper-molybdenum-gold-silver porphyry project in New Mexico, USA. 

FOR FURTHER INFORMATION PLEASE CONTACT: 
 
 ECR Minerals plc Tel:                                  +44 (0)20 7929 1010    
 Paul Johnson, Non-Executive Chairman                                          
 Stephen Clayson, Director & Chief Executive Officer                           
                                                                               
 Email: info@ecrminerals.com                                                   
 Website: www.ecrminerals.com                                                  
                                                                               
 Daniel Stewart & Company plc Tel:                      +44 (0)20 7776 6550    
 Emma Earl/Harrison Clarke (Nominated Adviser)                                 
 Colin Rowbury (Broker)                                                        
 
 
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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