8th Jul 2011 17:07
ECR MINERALS plc
("ECR Minerals", "ECR" or the "Company")
AIM: ECR
US OTC: MTGDY
ISSUE OF EQUITY
London: 8 July 2011 - ECR Minerals plc announces that it has issued and allotted 400,000 ordinary shares of 0.1 pence ("New Ordinary Shares"). The New Ordinary Shares have been issued pursuant to the exercise of 400,000 warrants exercisable at a price of 1p per share.
Pursuant to this announcement application has been made for the New Ordinary Shares to be admitted to trading on AIM. Dealings are expected to commence on 14 July 2011.
Following admission of the New Ordinary Shares, the Company will have a total of 543,450,953 ordinary shares of 0.1 pence in issue with each share carrying the right to one vote. The Company has no ordinary shares held in treasury. The total of 543,450,953 ordinary shares may therefore be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
For further information please contact:
| ECR Minerals plc | Tel: +44 (0)20 7929 1010 | |
| Michael Silver, Chairman | ||
| Patrick Harford, Managing Director | ||
| Stephen Clayson, Director & Chief Financial Officer | ||
| Luca Tenuta, Non-Executive Director | ||
| Email: [email protected] | ||
| Website: www.ecrminerals.com | ||
| Daniel Stewart & Company plc | Tel: +44 (0)20 7776 6550 | |
| Oliver Rigby/Tessa Smith | ||
Copyright Business Wire 2011
Related Shares:
ECR Minerals