The Company confirms that its board of directors will be attending the Proactive One2One Investor Forum this evening in London.
At the event, CEO Andrew Haythorpe will be discussing the Company’s exploration activities for its assets in Australia (as set out in the Company’s announcements). Andrew will also outline an updated strategic plan with a series of action points for the year ahead. These include:
- The highly prospective Blue Moon prospect at the Bailieston gold project, plus the Maori Reef system at HR3.
- Creswick gold project summary.
- The gold potential of its 100%-owned licenses at Lolworth Range, Queensland, Australia and plans for boots on the ground in 2022.
- A potential disposal of some of the Company’s non-core assets; and
- The Company remains focussed on delivering the next multi-million ounce discovery.
Commenting CEO Andrew Haythorpe said; “Having undergone a significant transition during the first part of 2022, ECR Minerals is now at an exciting and pivotal stage in its evolution as a gold exploration company. Your board is confident that by actioning the disposals and strategy outlined above, we can streamline the business and ensure we have the resources in place to deliver on our objectives.”
“I look forward to updating our shareholders this evening as well as in the coming months, as we progress our drilling and exploration activities.”
Additional Disclaimer
Whilst the strategy outlined above includes a potential disposal this strategy is speculative in nature and there can be no guarantee that any disposal will occur. In addition whilst the potential disposals outlined above are considered by the Directors to be disposals of non-core assets they may, depending on any future negotiated terms, be considered a fundamental disposal of the Company pursuant to AIM Rule 15 of the AIM Rules for Companies. That being the case, any such disposal would be conditional on shareholder approval. Further updates will be provided in due course as appropriate.
FOR FURTHER INFORMATION, PLEASE CONTACT:
ECR Minerals plc
Tel: +44 (0) 20 7929 1010
David Tang, Non-Executive Chairman
Andrew Haythorpe, CEO
Email: info@ecrminerals.com
Website: www.ecrminerals.com
