Receipt of Deposit for Subscription & Notice of General Meeting


(“ECR Minerals”, “ECR” or the “Company”)


The directors of ECR Minerals plc (the “Directors”) announce that further to the announcement dated 27 February 2017 (“Subscription Announcement”), the Company has today posted to shareholders a circular and notice of general meeting. In addition, the Directors are pleased to confirm that the Company has received in full the non-refundable deposit of £100,000 paid in connection with the conditional subscription described in the Subscription Announcement.

Capitalised terms used, but not otherwise defined in this announcement shall have the same meanings as set out in the Subscription Announcement.

At the forthcoming general meeting, shareholders will be asked to approve certain resolutions which will provide the Company with sufficient shareholder authorities to issue 55,356,391 Subscription Shares and warrants to Shenyang Xinliaoan Machinery Co Ltd.

For more information on the Shenyang Xinliaoan Machinery Company, investors may refer to the company’s website at the following link:

In addition, the Company is also seeking Shareholders approval for additional authorities to issue further Ordinary Shares and dis-apply pre-emption rights for share issues other than in relation to the Subscription.

Copies of the circular and notice will be available on the Company’s website and the general meeting will be held at the offices of Charles Russell Speechlys LLP, 5 Fleet Place, London, EC4M 7RD on 23 March 2017 at 10 a.m.


ECR is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia has acquired 100% ownership rights in respect of the Avoca and Bailieston 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 subsidiary Ochre Mining has a 100% interest in 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.


ECR Minerals plc


Tel: +44 (0)20 7929 1010

William (Bill) Howell, Non-Executive Chairman


Craig Brown, Director & CEO

Ivor Jones, Director & COO



Email: This email address is being protected from spambots. You need JavaScript enabled to view it.





Cairn Financial Advisers LLP


Tel: +44 (0)20 7213 0880

Nominated Adviser


Emma Earl / Jo Turner



Optiva Securities Ltd


Tel: +44 (0)203 137 1902



Graeme Dickson





Tel: +44 (0)7891 677 441

Investor Relations


Sasha Sethi





Tel: +44 (0)20 7138 3204

Public Relations


Tim Blythe / Camilla Horsfall / Nick Elwes




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.


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