RNS5 Feb 2021 17:56
Are we likely to see a slight dip?
Admission is expected to occur on or around 18 February 2021.
EXERCISE OF OPTIONS
ECR Minerals plc (LON: ECR), the gold exploration and development company focused on Australia, is pleased to announce the Company has received notice to exercise options over 3,000,000 shares (“Option Shares”) at 1.125 pence. Funds of £33,750 have been received by the Company in relation to these Option Shares.
Application has been made for the Option Shares to be admitted to trading on AIM (“Admission”). Admission is expected to occur on or around 18 February 2021. Upon Admission, ECR’s issued ordinary share capital will comprise 877,164,658 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. The Option Shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.