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ECR Minerals ( (GB:ECR) ) just unveiled an announcement.
ECR Minerals PLC has announced a WRAP Retail Offer to raise up to £100,000 through the issuance of new ordinary shares, priced at 0.20 pence each. This offer is part of a broader fundraising initiative, including a separate subscription that aims to raise £650,000. The proceeds from these initiatives are intended to support the company’s ongoing operations and strategic objectives. The WRAP Retail Offer is specifically targeted at existing retail shareholders in the UK, providing them an opportunity to invest further in the company. The completion of this offer is contingent upon the admission of new shares to trading on AIM, expected around October 8, 2025.
More about ECR Minerals
ECR Minerals PLC is a gold exploration and development company primarily focused on Australia. The company is listed on the AIM market and engages in the exploration of gold resources, aiming to develop these into economically viable mining operations.
Average Trading Volume: 29,709,238
Technical Sentiment Signal: Strong Sell
Current Market Cap: £6.35M
Learn more about ECR stock on TipRanks’ Stock Analysis page.