Issue of Equity

Issue of Equity

ECR Minerals plc

ECR MINERALS plc
(“ECR Minerals”, “ECR” or the “Company”)

AIM: ECR
US OTC: MTGDY

ISSUE OF EQUITY

London: 7 February 2011 – ECR Minerals plc announces that the Company has issued 18,181,818 ordinary shares of 0.1p par value (“Shares”) pursuant to the conversion of convertible loan notes totalling £200,000 based on a conversion price of 1.1p per share.

Pursuant to this announcement application has been made for 18,181,818 Shares to be admitted to trading on AIM. Dealings are expected to commence on 10 February 2011. Following admission of these shares the Company will have a total of 510,609,174 Shares in issue.

About ECR Minerals

ECR is a mineral development company with interests in the USA, Argentina, Indonesia, Thailand and Australia.

For further information please contact:

ECR Minerals plc
Michael Silver, Chairman Tel: [phone]Michael Silver, Chairman Tel: [phone]
Patrick Harford, Managing DirectorPatrick Harford, Managing Director
Stephen Clayson, Chief Financial Officer Stephen Clayson, Chief Financial Officer

Email: [e-mail]
Website:Website:www.ecrminerals.com

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