ECR Minerals plc Directorate change
27 November 2017 - 9:29PM
UK Regulatory
TIDMECR
ECR MINERALS plc
("ECR Minerals", "ECR" or the "Company")
DIRECTORATE CHANGE
The directors of ECR Minerals plc announce that Ivor Jones will
be stepping down as a director and COO of the Company with effect
from 30 November 2017 for personal reasons. ECR's CEO Craig Brown
has been in Australia with Mr Jones over the past few weeks, and
arrangements are being made for the transfer of his
responsibilities.
ECR's subsidiary Mercator Gold Australia (MGA) has appointed
Rodney Boucher, an experienced Victorian-based geologist to oversee
its ongoing gold exploration activities in Central Victoria on a
consulting basis. Rodney has extensive exploration experience in
Victoria, including many years of involvement with Perseverance
Corporation, the developers of the million-ounce Fosterville gold
mine which is now owned by Kirkland Lake Gold. The Fosterville mine
is located in the same district as MGA's Bailieston and Moormbool
gold projects.
Craig Brown, CEO of ECR, commented:
"I would like to thank Ivor Jones for his service to ECR over
the past year. We wish him well in his future endeavours.
Having spent the last few weeks in Australia with Ivor, I remain
excited about the potential of ECR's licences in Central Victoria,
and look forward to updating the market as we move ahead with our
exploration plans in this prolific gold producing region."
ABOUT ECR
ECR is a mineral exploration and development company. ECR's
wholly owned Australian subsidiary Mercator Gold Australia has
acquired 100% ownership of the Avoca, Bailieston, Moormbool and
Timor 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 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.
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.
FOR FURTHER INFORMATION, PLEASE CONTACT:
ECR Minerals plc Tel: +44 (0)20 7929 1010
David Tang, Non-Executive Chairman
Craig Brown, Director & CEO
Email: info@ecrminerals.com
Website: www.ecrminerals.com
WH Ireland Ltd Tel: +44 (0)161 832 2174
Nominated Adviser
Katy Mitchell/James Sinclair-Ford
Optiva Securities Ltd Tel: +44 (0)203 137 1902
Broker
Graeme Dickson
FlowComms Tel: +44 (0)7891 677 441
Investor Relations
Sasha Sethi
FORWARD LOOKING STATEMENTS
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.
LEI: 213800PBXY96KXHISJ17
3.1. Additional regulated information required to be disclosed
under the laws of a Member State
View source version on businesswire.com:
http://www.businesswire.com/news/home/20171127005395/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
November 27, 2017 05:29 ET (10:29 GMT)
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