Result of AGM

ECR Minerals PLC

23 April 2024

 

ECR MINERALS plc

("ECR Minerals", "ECR" or the "Company")

Result of AGM

ECR Minerals plc (LON: ECR), the gold exploration and development company focussed on Australia, is pleased to announce that at the Company's annual general meeting (AGM) held at 11:00 am today all resolutions proposed were passed.

Full details of the poll results are set out below:

Resolution	Total Votes in Favour	Percentage of Votes in Favour	Total Votes Against	Percentage of Votes Against	Total Withheld
01	201,994,833	100.00%	164	0.00%	6,401
02	198,259,083	99.85%	293,174	0.15%	3,449,141
03	198,259,081	99.85%	293,175	0.15%	3,449,142
04	198,314,413	99.87%	243,490	0.12%	3,443,495
05	197,218,908	97.64%	4,766,088	2.36%	16,402
06	198,314,413	99.87%	243,490	0.12%	3,443,495
07	197,627,975	99.49%	995,970	0.50%	3,377,453
08	198,324,005	99.88%	233,899	0.12%	3,443,494
09	198,321,623	99.88%	236,281	0.12%	3,443,494
10	198,274,664	99.85%	293,239	0.15%	3,433,495
11	198,272,722	99.85%	295,181	0.15%	3,433,495
12	184,494,832	100.00%	164	0.00%	17,506,402

The number of shares in issue at 6:30 p.m. (UK) on 22 April 2024 was 1,839,753,425. The Company does not hold any shares in treasury.

Chairman Nick Tulloch commented: "Although our communications strategy ensures we maintain a regular dialogue with our shareholders and investors, it is nonetheless gratifying to see shareholders take the trouble to show their support by voting for the resolutions tabled at today's AGM. ECR has an exciting year in prospect, and I look forward to reporting back to you again as our projects deliver further progress."

Chairman Nick Tulloch recently engaged in a Q&A with Total Market Solutions, discussing current operations, the recent share placement and the Blue Mountain project. Link here to view.

FOR FURTHER INFORMATION, PLEASE CONTACT:

ECR Minerals plc		Tel: [phone]
Nick Tulloch, Chairman Andrew Scott, Director
Email: [e-mail]
Website: www.ecrminerals.com
WH Ireland Ltd		Tel: [phone]
Nominated Adviser Katy Mitchell / Andrew de Andrade
Axis Capital Markets Limited		Tel: [phone]
Broker
Ben Tadd/Lewis Jones
SI Capital Ltd		Tel: [phone]
Broker
Nick Emerson
Novum Securities Limited		Tel: [phone]
Broker Jon Belliss
Brand Communications		Tel: [phone]
Public & Investor Relations
Alan Green

ABOUT ECR MINERALS PLC

ECR Minerals is a mineral exploration and development company. ECR's wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd ("MGA") has 100% ownership of the Bailieston and Creswick gold projects in central Victoria, Australia, has six licence applications outstanding which includes one licence application lodged in eastern Victoria (Tambo gold project).

ECR also owns 100% of an Australian subsidiary LUX Exploration Pty Ltd ("LUX") which has three approved exploration permits covering 946 km2 over a relatively unexplored area in Lolworth Range, Queensland, Australia. The Company has also submitted a license application at Kondaparinga which is approximately 120km2 in area and located within the Hodgkinson Gold Province, 80km NW of Mareeba, North Queensland.

Following the sale of the Avoca, Moormbool and Timor gold projects in Victoria, Australia to Fosterville South Exploration Ltd (TSX-V: FSX) and the subsequent spin-out of the Avoca and Timor projects to Leviathan Gold Ltd (TSX-V: LVX), MGA has the right to receive up to A$2 million in payments subject to future resource estimation or production from projects sold to Fosterville South Exploration Limited.  MGA also has approximately A$75 million of unutilised tax losses incurred during previous operations.

ECR holds a royalty on the SLM gold project in La Rioja Province, Argentina which could potentially receive up to US$2.7 million in aggregate across all licences.

 

END