Business
Warrant Instrument Clarification
Warrant Instrument Clarification.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n \nWarrant Instrument Clarification\n\nECR Minerals plc\n\n \n \n \n ECR MINERALS plc\n(“ECR Minerals”, “ECR” or the “Company”)\n\n \n9 July 2020\n\n \n Warrant Instrument Clarification\n \n \nECR Minerals plc (LON: ECR), the gold exploration and development company focused on Australia, provides a clarification as to the expiry date of certain warrants issued in July 2018.\n\n \nOn 11 July 2018 the Company announced a financing which included the issue of 92,857,143 new ordinary shares (the “Financing Shares”). Each Financing Share had a warrant attached to subscribe for a further new ordinary share in ECR Minerals plc at a price of 1.125p (the “Financing Warrants”).\n\n \nThe announcement of 11 July 2018 stated that the exercise period of the Financing Warrants was two years from the admission date of the Financing Shares and that therefore the expiry date for the Financing Warrants was 25 July 2020. However this date was provided in error and the exercise period set out in the relevant warrant documentation is three years from 30 July 2018 and therefore the expiry date for the Financing Warrants is 30 July 2021.\n\n \nAccordingly, holders of the Financing Warrants have until 30 July 2021 to exercise these warrants. ECR will write to all holders of the Financing Warrant to clarify the actual expiration date of 30 July 2021.\n\n \nNo other warrants issued by ECR Minerals are affected by this notice.\n\n \n FOR FURTHER INFORMATION, PLEASE CONTACT:\n \n \n \n \n \n \n\n \n ECR Minerals plc\n \n \n \n \n \n\n \nTel: +44 (0)20 7929 1010\n\n \n \n \n \n \nDavid Tang, Non-Executive Chairman\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 \n \n \nEmail: [email protected]\n \n \n \n \n\n \n \n \n \n \nWebsite: www.ecrminerals.com\n \n \n \n \n\n \n \n \n \n \n \n\n \n \n \n \n\n \n \n \n \n \n WH Ireland Ltd\n \n \n \n \nTel: +44 (0)161 832 2174\n\n \n \n \n \n \nNominated Adviser\n\n \n \n \n \n\n \n \n \n \n \nKaty Mitchell/James Sinclair-Ford\n\n \n \n \n \n\n \n \n \n \n \n \n\n \n \n \n \n\n \n \n \n \n \n SI Capital\n \n \n \n \nTel: +44 (0)1483 413500\n\n \n \n \n \n \nBroker\n\n \n \n \n \n\n \n \n \n \n \nNick Emerson\n\n \n \n \n \n\n \n \n \n \n \n \n\n \n \...