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ECR Minerals PLC (AIM:ECR) Gold & Rare Earths Projects Update in Queensland & Victoria.

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Manage episode 444285287 series 1128869
Inhalt bereitgestellt von Share Talk and Share Talk LTD. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Share Talk and Share Talk LTD oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.
ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce an update on its gold and rare earths projects in Queensland and Victoria.
HIGHLIGHTS

· Ongoing discussions with three Australia-domiciled public and private companies in relation to the potential sale of ECR's A$75 million of tax losses
· Rock chip results from Lolworth Project, including Butterfly Creek, Uncle Terry and Gorge Creek expected in the coming weeks
· Partnership with the Geological Survey of Queensland ("GSQ") to further investigate the critical minerals potential at the Lolworth Project
· Maiden diamond drilling program at the Tambo Project to commence this month
Update on Potential Sale of Tax Losses

Further to the Company's announcement of 2 July 2024, ECR, through its engagement with Argonaut PCF Ltd (''Argonaut''), is currently in discussions with three Australia-domiciled public and private companies in relation to the potential sale of its A$75 million of tax losses. Each company has signed a non-disclosure agreement.
ECR's tax losses are held within its wholly owned subsidiary, Mercator Gold Australia Pty Ltd, and were incurred during the period from 2006 to date. Any sale of the tax losses would be coupled with a disposal of certain non-core assets of the Company. Whilst no guarantee can be given as to any potential sale or agreement being reached or as to the timing or terms, the board of directors of ECR (the "Board" or the "Directors") continues to be encouraged by the considerable interest shown in this potentially valuable asset.
https://www.share-talk.com/ecr-minerals-plc-aimecr-gold-rare-earths-projects-update-in-queensland-victoria/
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1298 Episoden

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iconTeilen
 
Manage episode 444285287 series 1128869
Inhalt bereitgestellt von Share Talk and Share Talk LTD. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Share Talk and Share Talk LTD oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.
ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce an update on its gold and rare earths projects in Queensland and Victoria.
HIGHLIGHTS

· Ongoing discussions with three Australia-domiciled public and private companies in relation to the potential sale of ECR's A$75 million of tax losses
· Rock chip results from Lolworth Project, including Butterfly Creek, Uncle Terry and Gorge Creek expected in the coming weeks
· Partnership with the Geological Survey of Queensland ("GSQ") to further investigate the critical minerals potential at the Lolworth Project
· Maiden diamond drilling program at the Tambo Project to commence this month
Update on Potential Sale of Tax Losses

Further to the Company's announcement of 2 July 2024, ECR, through its engagement with Argonaut PCF Ltd (''Argonaut''), is currently in discussions with three Australia-domiciled public and private companies in relation to the potential sale of its A$75 million of tax losses. Each company has signed a non-disclosure agreement.
ECR's tax losses are held within its wholly owned subsidiary, Mercator Gold Australia Pty Ltd, and were incurred during the period from 2006 to date. Any sale of the tax losses would be coupled with a disposal of certain non-core assets of the Company. Whilst no guarantee can be given as to any potential sale or agreement being reached or as to the timing or terms, the board of directors of ECR (the "Board" or the "Directors") continues to be encouraged by the considerable interest shown in this potentially valuable asset.
https://www.share-talk.com/ecr-minerals-plc-aimecr-gold-rare-earths-projects-update-in-queensland-victoria/
  continue reading

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