Business
Exercise of Warrants
Exercise of Warrants.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n \nExercise of Warrants\n\nECR Minerals plc\n\n \n\n \n12 January 2021\n\n \n ECR MINERALS plc\n \n \n(“ECR Minerals”, “ECR” or the “Company”)\n\n \n EXERCISE OF WARRANTS\n \n \nECR Minerals plc (LON: ECR), the gold exploration and development company focussed on Australia, announces it has received notice to exercise warrants over 8,967,746 new ordinary shares in the Company (“Warrant Shares”). Of this number, 7,095,237 new ordinary shares are being issued pursuant to the exercise of warrants at 1.125p per share, and 1,872,609 new ordinary shares pursuant to the exercise of warrants at 2.1p per share. Aggregate subscription monies of £119,144.11 have been received by ECR in respect of the exercise of these warrants.\n\n \nAdmission of the Warrant Shares to trading on AIM is expected to occur on or around 15 January 2021 (“Admission”). Upon Admission, ECR’s issued ordinary share capital will comprise 693,477,602 ordinary shares of 0.001p. This number will represent the total voting rights in the Company, and, following admission of the Warrant Shares, may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. The Warrant Shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.\n\n \n MARKET ABUSE REGULATIONS (EU) No. 596/2014 \n \n \nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR). Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.\n\n \n FOR FURTHER INFORMATION, PLEASE CONTACT: \n \n \n \n \n \nECR Minerals plc\n\n \n \n \n \n\n \n \n \nTel: +44 (0)20 7929 1010\n\n \n \n \n \n\n \n \n \n \n \nDavid Tang, Non-Executive Chairman\n\n \n \n \n \n\n \n \n \n \n\n \n \n \n \n\n \n \n \n \n \nCraig Brown, Director & CEO\n\n \n \n \n \n\n \n \n \n \n\n \n \n \n \n\n \n \n \n \n \nEmail:\n\n \n [email protected]\n \n \n \n \n \n\n \n \n \n \n\n \n \n \n \n\n \n \n \n \n \nWebsite: w...