ECR MINERALS PLC AIM: ECR
US OTC: MTGDY
ECR MINERALS plc
('ECR Minerals', 'ECR' or the 'Company')
LONDON: 7 MARCH 2017 - The Company announces that it has received the following notifications from PDMR's of dealings in the Company's ordinary shares, all of which related to the issue of shares announced on 27 February 2017 for which Admission to trading on AIM occurred on 6 March 2017. The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Craig Brown | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer & Director | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ECR Minerals Plc | ||||
b) | LEI | N/A | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.001p each | ||||
Identification code | GB00BYYDKX57 | |||||
b) | Nature of the transactions | Issue of Ordinary Shares | ||||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |||
1.00 p | 1,549,271 | |||||
d) | Aggregated information | |||||
- Aggregated volume | 1,549,271 | |||||
- Price | 1.00 p | |||||
e) | Date of the transaction | 6 March 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Ivor Jones | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Operating Officer & Director | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ECR Minerals Plc | ||||
b) | LEI | N/A | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.001p each | ||||
Identification code | GB00BYYDKX57 | |||||
b) | Nature of the transactions | Issue of Ordinary Shares | ||||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |||
1.00 p | 1,000,000 | |||||
d) | Aggregated information | |||||
- Aggregated volume | 1,000,000 | |||||
- Price | 1.00 p | |||||
e) | Date of the transaction | 6 March 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | William Howell | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-executive Chairman | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ECR Minerals Plc | ||||
b) | LEI | N/A | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.001p each | ||||
Identification code | GB00BYYDKX57 | |||||
b) | Nature of the transactions | Issue of Ordinary Shares | ||||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |||
1.00 p | 1,500,000 | |||||
d) | Aggregated information | |||||
- Aggregated volume | 1,500,000 | |||||
- Price | 1.00 p | |||||
e) | Date of the transaction | 6 March 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
ABOUT ECR
ECR is a mineral exploration and development company. ECR's wholly owned Australian subsidiary Mercator Gold Australia has acquired 100% ownership rights in respect of the Avoca and Bailieston gold projects in Victoria, Australia. ECR has earned a 25% interest in the Danglay epithermal gold project, an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines. An NI43-101 technical report was completed in respect of the Danglay project in December 2015, and is available for download from ECR's website.
ECR's wholly owned subsidiary Ochre Mining has a 100% interest in the SLM gold project in La Rioja, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near term production.
Market Abuse Regulations (EU) No. 596/2014
The 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.
FOR FURTHER INFORMATION, PLEASE CONTACT:
ECR Minerals plc | Tel: +44 (0)20 7929 1010 |
William (Bill) Howell, Non-Executive Chairman | |
Craig Brown, Director & CEO Ivor Jones, Director & COO | |
Email: info@ecrminerals.com | |
Website: www.ecrminerals.com | |
Cairn Financial Advisers LLP | Tel: +44 (0)20 7213 0880 |
Nominated Adviser | |
Emma Earl / Jo Turner | |
Optiva Securities Ltd | Tel: +44 (0)203 137 1902 |
Broker | |
Graeme Dickson | |
FlowComms | Tel: +44 (0)7891 677 441 |
Investor Relations | |
Sasha Sethi | |
Blytheweigh | Tel: +44 (0)20 7138 3204 |
Public Relations | |
Tim Blythe / Camilla Horsfall / Nick Elwes | |
FORWARD LOOKING STATEMENTS
This announcement may include forward looking statements. Such statements may be subject to numerous known and unknown risks, uncertainties and other factors that could cause actual results or events to differ materially from current expectations. There can be no assurance that such statements will prove to be accurate and therefore actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements. Any forward-looking statements contained herein speak only as of the date hereof (unless stated otherwise) and, except as may be required by applicable laws or regulations (including the AIM Rules for Companies), the Company disclaims any obligation to update or modify such forward-looking statements because of new information, future events or for any other reason.
ECR Minerals plc published this content on 07 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 March 2017 09:13:07 UTC.
Original documenthttp://www.ecrminerals.com/investors-media/news-releases/2017/780-pdmr-dealins-7-march-2017
Public permalinkhttp://www.publicnow.com/view/1F1288B7D67F8E28C2C99E71D1ED482329B8B576
