Sacrifice Salaire, Admission d’Actions et TVR
ECR MINÉRAUX plc
(« ECR Minerals », « ECR » ou la « Société »)
Salary Sacrifice, Admission of Shares and Total Voting Rights
ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce an extension of the directors' salary sacrifice scheme as well as the issue of new ordinary shares in respect of the existing salary sacrifice scheme.
Sacrifice salarial
In September 2023, four members of the then board of directors, David Tang, Andrew Scott, Adam Jones and Trevor Davenport, agreed to subscribe for new ordinary shares in ECR ("New Ordinary Shares") in lieu of an aggregate of £40,000 salary (£10,000 each), thereby preserving the Company's cash resources. These four then directors subsequently agreed to extend this arrangement on 16 November 2023 by subscribing for a further £40,000 (£10,000 each) of New Ordinary Shares in aggregate.
David Tang, Andrew Scott and Trevor Davenport have now agreed to extend this arrangement for a third time through to 30 June 2024 by subscribing for New Ordinary Shares in lieu of an aggregate of £39,000 salary (£13,000 each) that they would be otherwise due through to that date. Adam Jones has since left the board, although remains with ECR as Chief Geologist, so is no longer included in these arrangements.
These New Ordinary Shares will be issued on or around 30 June 2024, with admission to trading commencing on or around 4 July 2024. The number of the New Ordinary Shares to be issued will be calculated by reference to (i) the price at which an equity fundraising in the Company is carried out in the period of the salary sacrifice or (ii) if there is no fundraising, the price equal to the volume weighted average price of ordinary shares in the Company calculated over the previous 14 days. A further announcement will be made at that time.
Nick Tulloch and Mike Whitlow are already remunerated substantially by the issue of New Ordinary Shares as announced on 18 September 2023.
Émission de nouvelles actions
Notre compagnie is pleased to confirm that the new ordinary shares awarded pursuant to the salary sacrifice announced on 16 November 2023 ("Nouvelles actions ordinaires") have been issued and allotted. Each of David Tang, Andrew Scott, Trevor Davenport and Adam Jones have received 3,333,333 New Ordinary Shares in lieu of an aggregate of £40,000 salary (a total of 13,333,332 Ordinary Shares). The New Ordinary Shares were issued at a price of 0.3 pence per share in line with the fundraising announced on 14 March 2024 (in accordance the terms of the salary sacrifice)
The total ordinary shares in ECR Minerals currently held by David, Andrew and Trevor, as PDMRs of the Company, are as follows:
Nom | Actions de la société émises aujourd'hui | Total des actions de la Société actuellement détenues | Percentage of the Company's issued equity held (after admission of the New Ordinary Shares) |
David Tang | 3,333,333 | 9,047,618 | 0.49% |
Andrew Scott | 3,333,333 | 9,047,618 | 0.49% |
Trevor Davenport | 3,333,333 | 9,047,618 | 0.49% |
Total | 9,999,999 |
Règles d’admission, de divulgation et de transparence
Application has been made for 13,333,332 New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective on or around 24 April 2024. The New Ordinary Shares will rank pari passu with the existing ordinary shares. Upon Admission, ECR's issued ordinary share capital will comprise 1,839,753,425 ordinary shares of 0.001p. This number will represent the total voting rights in the Company, and, following admission may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
Nick Tulloch, Chairman, said: "Once again, my fellow board members are continuing our ethos of aligning themselves with our shareholders and conserving the Company's cash resources. I would like to express my gratitude for this further vote of confidence in our strategic direction and the opportunities we are creating."
POUR PLUS D'INFORMATIONS, VEUILLEZ CONTACTER:
ECR Minéraux plc | Tel: + 44 (0) 20 7929 1010 | ||
Nick Tulloch, président Andrew Scott, directeur | |||
Courriel : | |||
Site Web : www.ecrminerals.com | |||
WH Irlande Ltd |
| Tel: + 44 (0) 207 220 1666 | |
Conseiller désigné Katy Mitchell / Andrew de Andrade | |||
Axe Capital Markets Limitée | Tél : +44 (0) +203 (026)0320 | ||
Broker | |||
Ben Tadd/Lewis Jones | |||
| |||
SI Capital Ltd | Tel: + 44 (0) 1483 413500 | ||
Broker | |||
Nick Emerson | |||
Valeurs mobilières Novum Limitée | Tel: + 44 (0) 20 7399 9425 | ||
Broker Jon Bellissi | |||
Communication de la marque | Tel: + 44 (0) 7976 431608 | ||
Relations publiques et investisseurs | |||
Alan Green |
À PROPOS D'ECR MINERALS PLC
ECR Minerals est une société d'exploration et de développement miniers. La filiale australienne en propriété exclusive d'ECR, Mercator Gold Australia Pty Ltd (« MGA »), détient 100 % des projets aurifères Bailieston et Creswick dans le centre de Victoria, en Australie, et a six demandes de licence en cours, dont une demande de licence déposée dans l'est de Victoria (projet aurifère Tambo). ).
ECR détient également 100 % d'une filiale australienne LUX Exploration Pty Ltd (« LUX ») qui possède trois permis d'exploration approuvés couvrant 946 km2 sur une zone relativement inexplorée dans la région de Lolworth Range, Queensland, Australie. La société a également soumis une demande de licence à Kondaparinga, d'une superficie d'environ 120 km2 et située dans la province aurifère de Hodgkinson, à 80 km au nord-ouest de Mareeba, dans le nord du Queensland.
Suite à la vente des projets aurifères Avoca, Moormbool et Timor à Victoria, en Australie à Fosterville South Exploration Ltd (TSX-V : FSX) et à la scission subséquente des projets Avoca et Timor à Leviathan Gold Ltd (TSX-V : LVX ), MGA a le droit de recevoir jusqu'à 2 millions de dollars australiens de paiements sous réserve de l'estimation future des ressources ou de la production des projets vendus à Fosterville South Exploration Limited. MGA dispose également d'environ 75 millions de dollars australiens de pertes fiscales non utilisées subies lors d'opérations antérieures.
ECR détient une participation de 90 % dans le projet aurifère Danglay aux Philippines et une redevance sur le projet aurifère SLM dans la province de La Rioja, en Argentine, qui pourrait potentiellement recevoir jusqu'à 2.7 millions de dollars américains au total sur toutes les licences.
RNS peut utiliser votre adresse IP pour confirmer le respect des termes et conditions, pour analyser votre interaction avec les informations contenues dans cette communication et pour partager cette analyse de manière anonyme avec d'autres dans le cadre de nos services commerciaux. Pour plus d'informations sur la manière dont RNS et la Bourse de Londres utilisent les données personnelles que vous nous fournissez, veuillez consulter notre Politique de confidentialité.