ECR Minerals #ECR – Oversubscribed Placing at 1.3p Raises £600,000
ECR Minerals plc (LON: ECR), the gold exploration and development company focussed on Australia, is pleased to announce the placing (the “Placing”) of 46,153,846 new ordinary shares of 0.001p (the “Placing Shares”) at a Placing price of 1.3p per share for gross proceeds of £600,000. The net proceeds of the Placing, which is conditional on […]
Financial Times – UK Small-Cap Miners Hold Promise for Investors
Article by the Financial Times ECR Minerals Craig Brown, chief executive of ECR Minerals, insists he is “not a goldbug, not fixated on gold”. Nonetheless, ECR’s main business is exploring for gold deposits and it is planning mines in the Australian states of Victoria and Western Australia. Mr Brown said gold mining is commercially appealing […]