ECR is a mineral exploration and development company, incorporated in the UK.

ECR’s wholly owned Australian subsidiary Mercator Gold Australia (MGA) has agreed to acquire 100% ownership of the Avoca and Bailieston gold projects in Victoria, Australia. Mercator Gold Australia is estimated to have tax losses of approximately AUD 66M as at 30 June 2015, which may be available, subject to certain conditions (as described in ECR’s announcement dated 4 December 2014), to reduce MGA’s future taxable profits.

ECR has the right to earn a 50% interest in the Danglay epithermal gold project in the Philippines. Danglay is an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines. An NI43-101 technical report was completed in respect of the Danglay project in December 2015, and is available for download from ECR’s website.

ECR’s wholly owned subsidiary Ochre Mining has a 100% interest in the SLM gold project in La Rioja Province, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near term production.

 

ECR shares are listed on the AIM market of the London Stock Exchange with the symbol ECR.

   
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi  
       
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii
  ECR Minerals PLC  
2 Reason for the notification (please tick the appropriate box or boxes):  
An acquisition or disposal of voting rights   X  
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached      
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments      
An event changing the breakdown of voting rights      
Other (please specify):          
3. Full name of person(s) subject to the
notification obligation: iii
  Wayne Gibson  
4. Full name of shareholder(s)
(if different from 3.):iv
     
5. Date of the transaction and date on
which the threshold is crossed or
reached: v
  12/06/2017  
6. Date on which issuer notified:   13/06/2017  
7. Threshold(s) that is/are crossed or
reached: vi, vii
  3%  
8. Notified details:  
A: Voting rights attached to shares viii, ix  
Class/type of
shares


if possible using
the ISIN CODE

  Situation previous
to the triggering
transaction
  Resulting situation after the triggering transaction  
  Number
of
Shares
  Number
of
Voting
Rights
  Number
of shares
  Number of voting
rights
  % of voting rights x  
      Direct   Direct xi   Indirect xii   Direct   Indirect  
    4,500,000   4,500,000   5,000,000   5,000,000       2.6%      
                 
   
B: Qualifying Financial Instruments  
Resulting situation after the triggering transaction  
Type of financial
instrument
  Expiration
date xiii
  Exercise/
Conversion Period xiv
  Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
  % of voting
rights
 
                   
   
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi  
Resulting situation after the triggering transaction  
Type of financial
instrument
  Exercise price   Expiration date xvii   Exercise/
Conversion period xviii
  Number of voting rights instrument refers to   % of voting rights xix, xx  
               

 

  Nominal   Delta  
                 
   
Total (A+B+C)  
Number of voting rights   Percentage of voting rights  
5,000,000   2.6%  
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
 

 

 
   
Proxy Voting:  
10. Name of the proxy holder:      
11. Number of voting rights proxy holder will cease
to hold:
     
12. Date on which proxy holder will cease to hold
voting rights:
     
   

13. Additional information:
     
14. Contact name:   Wayne Gibson  
15. Contact telephone number:   02034111882