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ECR Minerals ( (GB:ECR) ) has shared an update.
ECR Minerals PLC has successfully raised £750,000 through a significantly oversubscribed WRAP Retail Offer and Subscription, resulting in the issuance of 375,000,000 new Ordinary Shares. This capital raise is expected to bolster the company’s financial position and support its ongoing exploration and development activities in Australia, potentially enhancing its market presence and offering new opportunities for stakeholders.
More about ECR Minerals
ECR Minerals PLC is a gold exploration and development company primarily focused on operations in Australia. The company is involved in the exploration and development of gold resources, aiming to enhance its market position within the mining industry.
Average Trading Volume: 32,957,566
Technical Sentiment Signal: Strong Sell
Current Market Cap: £4.65M
For a thorough assessment of ECR stock, go to TipRanks’ Stock Analysis page.