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Investegate |ECR Minerals plc Announcements | ECR Minerals plc: Result of AGM
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ECR Minerals PLC (AIM:ECR) | RNS | PLACING OF SHARES, ACCELERATION AND EXPANSION OF DRILLING CAMPAIGN
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PLACING OF SHARES
ACCELERATION AND EXPANSION OF DRILLING CAMPAIGN
ECR Minerals plc (LON: ECR), the gold exploration and development company focussed on Australia, is pleased to announce the placing (“Placing”) of 90,909,091 new ordinary shares of 0.001p (the “Placing Shares”) at a Placing price of 2.2p per share to raise gross proceeds of £2,000,000.
The net proceeds of the Placing, which is conditional on admission of the Placing Shares to trading on AIM (“Admission”), will be used to ramp-up drilling and exploration activities on ECR’s 100%-owned gold exploration projects in Victoria, Australia and for working capital purposes. The Placing was arranged by the Company’s joint-broker Novum Securities.
Fosterville South Secures Access Agreement to Drill High Grade Target at Keath s Reward, Lauriston Project
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VANCOUVER, BC, April 6, 2021 /PRNewswire/ -
Fosterville South Exploration Ltd. ( Fosterville South ) or (the Company ) (TSXV: FSX) (OTC: FSXLF) (Germany: 4TU) is pleased to report drilling is targeted to commence in the coming weeks at the Keath s Reward target, within the Lauriston Project.
The Keath s Reward target joins multiple other areas within the Lauriston Project with land access agreements now in place and drill targets defined based on field work and historic data compilation.
Lauriston is a large 600 sq km property which is immediately south of and contiguous with Kirkland Lake Gold s Fosterville Mine tenements.
IRW-News: Fosterville South Exploration Ltd : Fosterville South meldet mehrere goldhaltige Abschnitte aus den ersten oberflächennahen Bohrungen bei Lauriston ()
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