ECR Minerals PLC, a company focused on gold exploration and development in Australia, has announced significant changes. Non-Executive Director and former Chairman David Tang has decided to step down from his position to pursue other interests. Nick Tulloch, Chairman of ECR, expressed gratitude for David's commitment and support during a challenging period for the company. The board wishes him well in his future endeavors.
Additionally, ECR Minerals PLC has changed its Nominated Adviser and Broker to Zeus Capital Limited with immediate effect. This change follows the acquisition by Zeus Capital Limited of the WH Ireland Capital Markets Division. The company provided contact information for further inquiries.
ECR Minerals PLC is a mineral exploration and development company with various projects in Australia. Its wholly owned Australian subsidiary, Mercator Gold Australia Pty Ltd, holds 100% ownership of the Bailieston and Creswick gold projects in central Victoria, Australia, along with other license applications. The company also owns an Australian subsidiary, LUX Exploration Pty Ltd, with approved exploration permits covering a relatively unexplored area in Lolworth Range, Queensland, Australia.
Following the sale of certain gold projects in Victoria, Australia, ECR Minerals PLC 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 licenses. The company has provided detailed information about its projects and subsidiaries, including their ownership and potential financial benefits.
The announcement also includes regulatory contact information and a brief overview of the company's operations and holdings.