1st Sep 2016 08:05
LONDON (Alliance News) - ECR Minerals PLC on Thursday said it has appointed Craig Brown as its chief executive officer, following Brown's appointment to its board as part-time finance director in early May.
ECR said Brown has over 21 years experience in senior management and finance roles in the exploration and mining industry.
"The past couple of months have been a challenging period for the company and its shareholders. We believe there is significant potential in the Avoca and Bailieston projects in Australia, both with regard to the possibility of recovering gold and construction materials from the Avoca tailings dumps, and the wider exploration potential within the highly prospective Central Victorian Goldfields," Brown said in a statement.
"I would like to reassure shareholders that the board and management of ECR are doing our utmost to stabilise the company and move the business forward with confidence," Brown added.
Shares in ECR were up 15% at 0.00720 pence Thursday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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