Update in relation to subscription to raise £950k
Admission date for 287.9m shares from £950k subscription moved to 16 December 2024.
- Subscription amount £950,000
- New ordinary shares 287,878,787
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ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, provides the following update in respect of the Company's subscription to raise £950,000 (the "Subscription"), which was announced on 25 November 2024.
On 25 November 2024, the Company announced, inter alia, that application would be made to the London Stock Exchange Plc for 287,878,787 new ordinary shares of 0.001 pence each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission") and it was expected that Admission would become effective on or around 9 December 2024.
ECR has been informed by the Company's broker acting on the Subscription that Admission will take place on 16 December 2024. The Subscription letter erroneously referenced 9 December 2024 as the admission date but it was always the broker's original intention that the 287,878,787 new Ordinary Shares were to be admitted to trading on AIM on 16 December 2024.
Accordingly, the Company has updated its application to the London Stock Exchange plc for the 287,878,787 new Ordinary Shares to be admitted to trading on AIM on 16 December 2024.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.