Issue of Equity

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.

 

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