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ECR Minerals Upsizes Equity Offering

MT Newswires·08/11/2026 03:05:59
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03:05 AM EDT, 08/11/2026 (MT Newswires) -- ECR Minerals (ECR.L) upsized its conditional fundraising to 886,250 pounds sterling after receiving interest from an institutional investor to subscribe to 142,857,142 shares for 250,000 pounds. In total, the gold exploration and development company will issue 506,428,572 shares under the offering, according to a Tuesday filing. Proceeds are earmarked to advance its Maddens gold project and the Brothers mining lease in Queensland, Australia, and to support general corporate and working capital requirements.