Additional £0.25m from institutional investor

ECR Minerals plc (LON: ECR), the gold exploration and development company focused on Australia, announces that further to its announcement on 10 August 2026 regarding ECR's placing to raise £636,250 (the "Fundraising"), the Company has received further interest from an institutional investor to participate in the Fundraising on the same terms.

As such, the Company is pleased to announce that it has conditionally raised a further £250,000, through the issue of an additional 142,857,142 new ordinary shares of 0.001 pence each (the "Additional Placing Shares"). The Additional Placing Shares will, when issued and fully paid, rank pari passu in all respects with the existing ordinary shares of 0.001 pence each in issue ("Ordinary Shares") and therefore will rank equally for all dividends or other distributions declared, made or paid after the issue of the Additional Placing Shares.

The net proceeds raised from the issue of the Additional Placing Shares will be used for the same purposes as the net proceeds raised from the Fundraising as set out in the Company's announcement of 10 August 2026.

Accordingly, a total of 506,428,572 new Ordinary Shares will now be issued pursuant to the Fundraising, raising total gross proceeds of £886,250.00.

Investor warrants and broker warrants

An additional 142,857,142 warrants have been issued to the subscriber, exercisable on the same terms as the warrants issued pursuant to the Fundraising. In aggregate 506,428,572 warrants have been issued pursuant to the Fundraising.

In connection with the Additional Placing Shares, the Company has also issued 2,857,142 Broker Warrants (as defined in the announcement on 10 August 2026). In aggregate 10,128,570 Broker Warrants have been issued pursuant to the Fundraising.

Admission and Total Voting Rights

An application has been made to London Stock Exchange plc ("London Stock Exchange") for the 506,428,572 new Ordinary Shares to be admitted to trading on AIM, a market operated by the London Stock Exchange ("Admission") and it is currently anticipated that Admission will become effective, and that dealings in the new Ordinary Shares will commence on AIM, at 8.00 a.m. on or around 14 August 2026. Completion of the Fundraising is conditional on Admission.

Upon Admission, the Company's issued ordinary share capital will consist of 4,107,918,966 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company will be 4,107,918,966. With effect from Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Nick Tulloch, ECR's Chairman, commented: "We are delighted to have received this additional support from an institutional investor, increasing the size of the Fundraising to £886,250. We believe this further investment reflects growing confidence in both the progress that we are making at the Maddens Gold Project and our strategy of building a diversified Australian gold company centred on near-term production.

"Our strengthened balance sheet allows us to further accelerate underground development at Maddens, advance trial mining at Brothers and continue exploring what we believe is a highly prospective and underexplored goldfield. With production expected to commence later this year and a strong pipeline of operational milestones ahead, we are entering a particularly exciting period for ECR and we look forward to keeping shareholders updated as we continue to deliver on our strategy."

Notice to overseas persons

General

Allenby Capital, which is authorised and regulated by the FCA in the United Kingdom, is acting as nominated adviser to the Company in connection with the Fundraising. Allenby Capital will not be responsible to any person other than the Company for providing the protections afforded to clients of Allenby Capital or for providing advice to any other person in connection with the Fundraising. Allenby Capital has not authorised the contents of, or any part of, this announcement, and no liability whatsoever is accepted by Allenby Capital for the accuracy of any information or opinions contained in this announcement or for the omission of any material information.

SI Capital, which is authorised and regulated by the FCA in the United Kingdom, is acting as joint broker to the Company in connection with the Fundraising. SI Capital will not be responsible to any person other than the Company for providing the protections afforded to clients of SI Capital or for providing advice to any other person in connection with the Fundraising. SI Capital has not authorised the contents of, or any part of, this announcement, and no liability whatsoever is accepted by SI Capital for the accuracy of any information or opinions contained in this announcement or for the omission of any material information.

OAK Securities (a trading name of Merlin Partners LLP), which is authorised and regulated by the FCA in the United Kingdom, is acting as joint broker to the Company in connection with the Fundraising. OAK Securities will not be responsible to any person other than the Company for providing the protections afforded to clients of OAK Securities or for providing advice to any other person in connection with the Fundraising. OAK Securities has not authorised the contents of, or any part of, this announcement, and no liability whatsoever is accepted by OAK Securities for the accuracy of any information or opinions contained in this announcement or for the omission of any material information.