7th Feb 2011 09:48
ECR MINERALS plc("ECR Minerals", "ECR" or the "Company")
AIM: ECRUS OTC: MTGDY
ISSUE OF EQUITY
London: 7 February 2011 - ECR Minerals plc announces that the Company has issued 18,181,818 ordinary shares of 0.1p par value ("Shares") pursuant to the conversion of convertible loan notes totalling £200,000 based on a conversion price of 1.1p per share.
Pursuant to this announcement application has been made for 18,181,818 Shares to be admitted to trading on AIM. Dealings are expected to commence on 10 February 2011. Following admission of these shares the Company will have a total of 510,609,174 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 plcMichael Silver, Chairman Tel: +44 (0) 20 7929 1010Patrick Harford, Managing DirectorStephen Clayson, Chief Financial Officer
Email: [email protected]Website: www.ecrminerals.com
Daniel Stewart & Company plcOliver Rigby/Tessa Smith Tel: +44 (0) 20 7776 6550
Old Park Lane Capital plcForbes Cutler Tel: +44 (0) 20 7518 2603
Blythe Weigh CommunicationsAna Ribeiro Tel: +44 (0)20 7138 3204
Barry Kaplan AssociatesLarry Kaplan Tel: +1 732 747 0702
Copyright Business Wire 2011
Related Shares:
ECR Minerals