ECR Minerals #ECR – Strategic Update: Maximising the Value of Antimony at Bailieston and Tax Loss Monetisation

ECR Minerals plc (AIM: ECR), the exploration and development company focused on gold in Australia, provides an update on its ongoing strategy, including developments regarding the potential sale of its subsidiary, Mercator Gold Australia Pty Ltd (“MGA”), and plans to capitalise on the increasing global demand for antimony at Bailieston. Highlights Termination of the non-binding […]

ECR Minerals #ECR – Sale of surplus land now unconditional

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce that the offer of A$225,000 for the sale of the Company’s surplus land at Brewing Lane in Victoria, Australia is now unconditional. This follows the purchaser successfully having obtained suitable financing, which was outlined as a […]

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 – 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 – Heads of Terms for Proposed Disposal of MGA

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce that, further to previous announcements, it has entered into a non-binding heads of terms (the “Heads of Terms”) with Octo Holdings Pty Ltd (“Octo”) regarding the proposed sale (the “Proposed Disposal”) of the entire issued share […]