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: 15 April 2011 – ECR Minerals plc announces that it has issued 1,600,000 ordinary shares of 0.1 pence par value pursuant to the exercise of 1,600,000 warrants at a price of 1p per share.

Pursuant to this announcement application has been made for 1,600,000 ordinary shares to be admitted to trading on AIM. Dealings are expected to commence on 21 April 2011. The Company now has a total of 537,062,223 ordinary 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]
Patrick Harford, Managing Director
Stephen Clayson, Chief Financial Officer
Email: [e-mail]
Website: www.ecrminerals.com
Daniel Stewart & Company plc
Oliver Rigby/Tessa Smith		Tel: [phone]
Old Park Lane Capital plc
Forbes Cutler		Tel: [phone]
Blythe Weigh Communications
Ana Ribeiro		Tel: [phone]
Barry Kaplan Associates
Larry Kaplan		Tel: [phone]