Issue of Equity

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 plc
Michael Silver, Chairman Tel: +44 (0) 20 7929 1010
Patrick Harford, Managing Director
Stephen Clayson, Chief Financial Officer
Email:This email address is being protected from spambots. You need JavaScript enabled to view it.
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
Director of Corporate Broking
Blythe Weigh Communications
Ana Ribeiro Tel: +44 (0)20 7138 3204
Barry Kaplan Associates
Larry Kaplan Tel: +1 732 747 0702