ECR Minerals signs exclusivity agreement for potential sale of Australian subsidiary
LONDON: ECR Minerals plc (LON: ECR), an exploration and development company focused on gold in Australia, has entered into an exclusivity agreement for the potential sale of its subsidiary, Mercator Gold Australia Pty Ltd (MGA). MGA is a non-core asset within ECR’s portfolio in Victoria and includes approximately A$75 million in tax losses. The agreement…