ECR Minerals plc (the “Company”) is a mineral exploration and development company incorporated in England & Wales. ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd has 100% ownership of the Avoca, Bailieston, Moormbool and Timor gold exploration licences in Central Victoria, Australia.

Exploration for gold in Victoria is ECR’s current focus. A map of the Victorian licences can be viewed here. For the latest updates, please see our regulatory announcements.

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.

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.

ECR shares are listed on the AIM market of the London Stock Exchange with the symbol ECR.

MERCATOR GOLD plc
(“Mercator Gold”, “Mercator” or “the Company”)

AIM: MCR

US OTC: MTGDY

 

LONDON: 3 JANUARY 2008

Director/PDMR Shareholding

Notification of a change in the interests of Directors

The Company announces that it has today granted options to the directors of the Company as follows:

Director

No. of Options granted

No. of Options held post grant

% of current ISC held
by Director

Terry Strapp

525,000

1,200,000

0.71*

Patrick Harford

325,000

1,325,000

2.64

Denis Geldard

100,000

750,000

0

Michael de Villiers

100,000

650,000

0.44

Nick Allen

55,000

200,000

0

Mick Ellias

55,000

200,000

0

 

The above awards are exercisable at a price of 100p for seven years from the date of issue.

* This notification replaces that made on 21 December 2007 (RNS Number: 5622K) in which Mr Strapp's shareholding was incorrectly stated as being 7.12%

 

For further information please contact:

Mercator Gold plc    
Patrick Harford, Managing Director Tel: +44 (0) 20 7929 1010
Email:This email address is being protected from spambots. You need JavaScript enabled to view it.    
   
   
   
Bankside Consultants Ltd Tel: +44 (0) 20 7367 8888
Simon Rothschild    
Keith Irons    
Oliver Winters    

 

Click Here for the full text PDF version of this Press Release