RE: CEO and BOD in China.......11 Jun 2019 14:28
The Chinese own 22.4% of ECR since June 2017...
LONDON: 6 JUNE 2017 - The directors of ECR Minerals plc (the “Directors”) are pleased to announce that ECR has completed the subscription with Shenyang Xinliaoan Machinery Co Ltd (“Shenyang”) raising gross proceeds of £553,564 from the issue of 55,356,391 ordinary shares at a price of 1 pence per share. On admission of the subscription shares to trading on AIM (“Admission”), Shenyang will receive warrants over 83,034,586 new ordinary shares in total. Of these warrants, which are valid for five years, 55,356,391 warrants are exercisable at a price of 2 pence per share and 27,678,195 warrants have an exercise price of 5 pence per share.
Quite interesting that they feel the need to make sure everybody is aware that they are in China, the full Tweet reads...
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@ecrminerals
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#ECR CEO & BOD are currently in #China #Gold #Australia
An exciting & busy period of meetings/discussions underway.
We will update via @ecrminerals during our travels.
I think they already know the results!!