ECR Minerals #ECR – Update on Potential Sale of Tax Losses and Confidentiality Agreements
ECR Minerals plc (AIM: ECR), the exploration and development company focused on gold in Australia, provides an update on ongoing discussions regarding the potential sale of its wholly-owned subsidiary, Mercator Gold Australia Pty Ltd (“MGA”), which holds its Australian tax losses. ECR remains engaged in advanced discussions with Octo Holdings Pty Ltd (“Octo”) regarding the […]
ECR Minerals #ECR – Lolworth Project Exploration Update and Drilling Plans
ECR Minerals plc (AIM: ECR), the gold exploration company focused on Australia, provides an update on the latest exploration results from the Lolworth Gold and Critical Minerals Project, located in North Queensland, Australia (the “Lolworth Project”) as well as ECR’s 2025 field season plans for the Lolworth Project. Highlights Total of 165 pan concentrate samples […]
ECR Minerals #ECR – Operational Update
ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, provides the following update on its operations. Highlights Preparations to bring the Blue Mountain Project into production Talks ongoing for sale of Mercator Gold Australia Pty Ltd with a target completion of 28 February 2025 Proposed sale of surplus land […]
ECR Minerals #ECR – Issue of Equity, Total Voting Rights and PDMR Dealings
ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce the issue of new ordinary shares of 0.001 pence each in ECR (the “Ordinary Shares”) in respect of the board of directors of ECR’s (the “Board” or the Directors”) ongoing remuneration policy, whereby each Director and […]
#MDH Mendell Helium – OPERATIONS UPDATE
Mendell Helium is pleased to provide an update on the ongoing progress of operations in Kansas, USA of M3 Helium Corp. (“M3 Helium”). As announced on 27 June 2024, the Company has an option to acquire M3 Helium, a producer of helium which is based in Kansas and holds an interest in nine wells. There is no certainty that […]
ECR Minerals #ECR – Retirement of Non-Executive Director
ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, announces that Trevor Davenport has informed the Board of his intention to retire from his role as Non-Executive Director at the end of this year. Trevor joined the Board over three years ago and has played an invaluable role in […]
Mendell Helium #MDH – Nilson well update & Extension of Option
Mendell Helium is pleased to provide an update on the rapidly growing production at the Nilson well in Kansas, USA owned by M3 Helium Corp. (“M3 Helium”) which is now ranked in the top 1% of producing wells (by volume) in the Hugoton gas field. The Company also announces that, further to the announcement on […]
ECR Minerals #ECR – Update on the potential sale of non-core assets in Victoria, including A$75 million of tax losses
ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, announces that, further to the Company’s announcement on 1 November 2024, discussions with the potential buyer of ECR’s subsidiary, Mercator Gold Australia Pty Ltd (“MGA”), have progressed well over the past month. The proposed transaction concerns the sale of certain […]
ECR Minerals #ECR – Nick Tulloch and Andrew Scott discuss this morning’s fundraise and today’s developments re tax losses
ECR Minerals #ECR‘s Nick Tulloch and Andrew Scott discuss this morning’s fundraise, further progress today on tax loss negotiations and forward plans with Company projects including Blue Mountain, #Lolworth, #Tambo and #Bailieston
ECR Minerals #ECR – Subscription to raise £950,000
ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce that it has raised, subject only to Admission, £950,000 before expenses through a subscription of a total of 287,878,787 new ordinary shares of 0.001 pence each in the Company (“Ordinary Shares”) at a price of 0.33 pence […]