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Further re Exercise of Warrants Announced on Friday 22nd April 2022
Further re Exercise of Warrants Announced on Friday 22nd April 2022.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n \nFurther re Exercise of Warrants Announced on Friday 22nd April 2022\n\nECR Minerals plc\n\n \n \n \n ECR MINERALS Plc\n \n \n(“ECR Minerals”, “ECR” or the “Company”)\n\n \nFurther to the announcement of 22 April 2022 regarding a Warrant Exercise the Company provides the following by way of further information.\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 20,500,000 new ordinary shares in the Company (“Warrant Shares”). 20,500,000 new ordinary shares are being issued pursuant to the exercise of warrants at 1p per share and aggregate subscription monies of £205,000 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 27 April 2022 (“Admission”). Upon Admission, ECR’s issued ordinary share capital will comprise 1,064,464,551 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 \nMARKET 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 \n ECR 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 \nAndrew Haythorpe, CEO\n\n \n \n \n \n\n \n \n \n \n\n \n \n \n \n\n \n \n \n \n \n \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 ...