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Issue of Equity

1st Apr 2011 14:47

ECR MINERALS plc

("ECR Minerals", "ECR" or the "Company")

AIM: ECRUS OTC: MTGDY

ISSUE OF EQUITY

London: 1 April 2011 - ECR Minerals plc announces that the Company has issued 1,363,636 ordinary shares of 0.1p par value ("Shares") pursuant to the conversion of convertible loan notes totalling £15,000 based on a conversion price of 1.1p per share.

Pursuant to this announcement application has been made for 1,363,636 Shares to be admitted to trading on AIM. Dealings are expected to commence on 7 April 2011. Following admission of these shares the Company will have a total of 535,462,223 Shares in issue.

About ECR Minerals

ECR is a mineral development company with interests in the USA, Argentina, Indonesia, Thailand and Australia.

For further information please contact:

ECR Minerals plc
Michael Silver, Chairman Tel: +44 (0) 20 7929 1010
Patrick Harford, Managing Director
Stephen Clayson, Chief Financial Officer

Email: [email protected]

Website: www.ecrminerals.com

Daniel Stewart & Company plc
Oliver Rigby/Tessa Smith Tel: +44 (0) 20 7776 6550
Old Park Lane Capital plc
Forbes Cutler Tel: +44 (0) 20 7518 2603

Blythe Weigh Communications
Ana Ribeiro Tel: +44 (0)20 7138 3204
Barry Kaplan Associates
Larry Kaplan Tel: +1 732 747 0702

Copyright Business Wire 2011


Related Shares:

ECR Minerals
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