ECR Minerals plc announces that the Company has issued 18,181,818 ordinary shares of 0.1p par value (“Shares”) pursuant to the conversion of convertible loan notes totalling £200,000 based on a conversion price of 1.1p per share.
Pursuant to this announcement application has been made for 18,181,818 Shares to be admitted to trading on AIM. Dealings are expected to commence on 10 February 2011. Following admission of these shares the Company will have a total of 510,609,174 Shares in issue.
About ECR Minerals
ECR is a mineral development company with interests in the USA, Argentina, Indonesia, Thailand and Australia.
For further information please contact:
|ECR Minerals plc|
|Michael Silver, Chairman||Tel:||+44 (0) 20 7929 1010|
|Patrick Harford, Managing Director|
|Stephen Clayson, Chief Financial Officer|
|Daniel Stewart & Company plc|
|Oliver Rigby/Tessa Smith||Tel:||+44 (0) 20 7776 6550|
|Old Park Lane Capital plc|
|Forbes Cutler||Tel:||+44 (0) 20 7518 2603|
|Director of Corporate Broking|
|Blythe Weigh Communications|
|Ana Ribeiro||Tel:||+44 (0)20 7138 3204|
|Barry Kaplan Associates|
|Larry Kaplan||Tel:||+1 732 747 0702|