Holding(s) in Company

Holding(s) in Company

ECR Minerals plc

ECR MINERALS plc

(“ECR Minerals”, “ECR” or the “Company”)

AIM: ECR

US OTC: MTGDY

Notification of Change in Shareholding

London: 15 November 2011 – ECR Minerals plc advises that it has been notified by N&J Mitchell Holdings Pty Ltd as trustee for the Steinepreis Superannuation Fund (“N&J Mitchell”) that, following the conversion of convertible loan notes, N&J Mitchell holds 18,181,818 ordinary 0.1 pence shares (“Ordinary Shares”) of the Company, equating to approximately 3.01% of the Company’s issued share capital.

The Company has a total of 602,346,081 Ordinary Shares in issue with each carrying the right to one vote. The issue and allotment of Ordinary Shares in respect of the conversion of convertible loan notes held by N&J Mitchell was announced by the Company on 13 October 2011.

For further information please contact:

ECR Minerals plc	Â	Tel: [phone]
Michael Silver, Chairman
Patrick Harford, Managing Director
Stephen Clayson, Director & Chief Financial Officer
Luca Tenuta, Non-Executive Director
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Email: [e-mail]
Website: www.ecrminerals.com

Daniel Stewart & Company plc	Â	Tel: [phone]
Oliver Rigby/Tessa Smith
Old Park Lane Capital plc		Tel: [phone]
Michael Parnes
Blythe Weigh Communications		Tel: [phone]
Ana Ribeiro
Barry Kaplan Associates		Tel: [phone]
Larry Kaplan