Issue of Equity and Total Voting Rights

ECR Minerals PLC

02 January 2026

 

2 January 2026

ECR MINERALS PLC

("ECR Minerals", "ECR" or the "Company")

Issue of Equity, Total Voting Rights

and

PDMR dealings

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, announces the issue of new ordinary shares of 0.001 pence each in ECR (the "Ordinary Shares") in respect of the board of directors of ECR's (the "Board" or the Directors") ongoing remuneration policy, whereby each Director and certain advisers to the Company are remunerated partially through the issue of new Ordinary Shares.

Nick Tulloch, Chairman, will receive 7,933,709 new Ordinary Shares, as payment in lieu of £22,500 of his accrued remuneration for the period from 1 October 2025 to 31 December 2025.  Andrew Scott, Mike Parker and Chris Gibbs, Non-Executive Directors, will each receive 2,115,655 new Ordinary Shares, as payment in lieu of £6,000 of their accrued remuneration for the same period.  

Certain professional advisers will receive 3,113,962 new Ordinary Shares in total, as payment in lieu of an aggregate of £8,831 of their accrued remuneration and fees for the period from 1 October 2025 to 31 December 2025.   

All of these new Ordinary Shares are to be issued at a price of 0.2836 pence per new Ordinary Share which was the volume weighted average share price for Ordinary Shares over the previous 14 days to 31 December 2025.

PDMR dealings

Pursuant to the arrangements set out above, a total of 17,394,636 new Ordinary Shares will be issued by the Company. Following this issuance, the total numbers of Ordinary Shares that will be held following Admission (as defined below) by the Directors, as Persons Discharging Managerial Responsibility ("PDMRs") of the Company as at the date of this announcement, are as follows:

Name	New Ordinary Shares to be issued	Total Ordinary Shares held in the Company following Admission	As a percentage of the Company's enlarged issued ordinary share capital following Admission
Nick Tulloch	7,933,709	86,456,616	3.21%
Andrew Scott	2,115,655	29,849,941	1.11%
Mike Parker	2,115,655	12,158,236	0.45%
Chris Gibbs	2,115,655	2,996,090	0.11%
Total	14,280,674

The FCA notification in respect of these PDMR dealings, made in accordance with the requirements of the UK Market Abuse Regulation, is appended further below.

Admission and Total Voting Rights

Application has been made for 17,394,636 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective on or around 8 January 2026. The 17,394,636 new Ordinary Shares will rank pari passu with the existing Ordinary Shares. Upon Admission, ECR's issued ordinary share capital will comprise 2,690,888,025 Ordinary Shares. This number will represent the total voting rights in the Company, and, following Admission may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

FOR FURTHER INFORMATION, PLEASE CONTACT:

ECR Minerals Plc	Tel: [phone]
Nick Tulloch, Chairman Andrew Scott, Director	[e-mail]
Website: www.ecrminerals.com
Allenby Capital Limited	Tel: [phone]
Nominated Adviser and Joint Broker Alex Brearley / Nick Naylor / Vivek Bhardwaj (Corporate Finance) Kelly Gardiner (Sales and Corporate Broking)	[e-mail]
Axis Capital Markets Limited	Tel: [phone]
Joint Broker
Lewis Jones
SI Capital Ltd	Tel: [phone]
Joint Broker
Nick Emerson
Brand Communications	Tel: [phone]
Public & Investor Relations
Alan Green

ABOUT ECR MINERALS PLC

ECR Minerals is a mineral exploration and development company operating through three wholly owned Australian subsidiaries ECR Minerals (Australia) Pty Ltd ("ECR Australia"), ECR Minerals (Queensland) Pty Ltd ("ECR Queensland") and Raglan Resources Pty Ltd ("Raglan Resources").

ECR Australia owns the Bailieston and Creswick gold projects in central Victoria, Australia as well as the Tambo gold project in eastern Victoria.

Raglan Resources has a mining lease at the Raglan alluvial gold project in central Queensland, Australia and ECR Queensland has two approved exploration permits over the nearby Blue Mountain alluvial gold project.  ECR is currently working to bring both projects into production.  ECR Queensland also has three approved exploration permits covering 946 km2 over a relatively unexplored area in Lolworth Range in northern Queensland. Furthermore, it has also submitted a licence application at Kondaparinga which is approximately 120km2 in area and located within the Hodgkinson Gold Province, 80km NW of Mareeba, North Queensland.

Following the sale of the Avoca, Moormbool and Timor gold projects in Victoria, Australia to Fosterville South Exploration Ltd (TSX-V: FSX) and the subsequent spin-out of the Avoca and Timor projects to Leviathan Gold Ltd (TSX-V: LVX), ECR Australia has the right to receive up to A$2 million in payments subject to future resource estimation or production from these projects. 

ECR Australia also has approximately A$76 million of unutilised tax losses incurred during previous operations.

The following notification, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Name Position Nick Tulloch Chairman Andrew Scott Non-Executive Director Mike Parker Non-Executive Director Chris Gibbs Non-Executive Director
2	Reason for the notification
a)	Position/status	See above
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ECR Minerals plc
b)	LEI	213800PBXY96KXHISJ17
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument  Identification code	Ordinary shares of 0.001p each in ECR Minerals plc   Identification code (ISIN) for ECR Minerals plc ordinary shares: GB00BYYDKX57
b)	Nature of the transaction	Issue of new Ordinary Shares in lieu of salary
c)	Price(s) and volume(s)	Name  Price(s) Volume(s) Nick Tulloch 0.2836  pence 7,933,709 Andrew Scott 0.2836  pence 2,115,655 Mike Parker 0.2836  pence 2,115,655 Chris Gibbs 0.2836  pence 2,115,655
d)	Aggregated information: -      Aggregated volume -      Price	N/A
e)	Date of the transaction	2 January 2026
f)	Place of the transaction	Outside a trading venue

 

END