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ECR Minerals #ECR – Strategic business update, energy metals and minerals pipeline
ECR Minerals plc (LON:ECR), the precious metals exploration and development company, is pleased to provide a strategic business update for shareholders.
Gold Projects
ECR currently holds gold interests in Australia, Argentina and the Philippines.
The Company has of late focused largely on the development of its 100% owned gold portfolio with an emphasis on projects in the Victoria region of Australia. Given the new and positive results from Australia our work continues at pace across multiple exploration activities and we will provide regular updates to market as further progress is achieved.
Our recent work in Argentina in respect of the 100% owned Sierra de las Minas project has highlighted a number of corporate avenues through which we could demonstrate and build shareholder interests in-country. In addition we continue to monitor developments in the Philippines to identify suitable options to recognise the value of our 25% interest in the Danglay gold project. All progress made will be announced to the market as material developments occur.
Complementing the existing gold portfolio we have been presented with a number of additional gold focused opportunities, the first of which, the Iceberg gold project which was announced on 3 August 2018, is under an option agreement.
In respect of the Iceberg project ECR continues to pursue due diligence activities. The due diligence process is covering a wide review of the project and this has been extended to include detailed examination of significant historical exploration work including extensive geochemical data. Our work on this continues and to allow for the detailed analysis being undertaken we have agreed a further one month extension of the option period to 1 December 2018 at no additional cost to the Company. We thank the proposed vendors for their support with this additional time extension.
In addition to the Iceberg project the Company has identified a number of strategic gold project acquisition opportunities which are also under review. Should any specific project advance to option or acquisition stage further announcements will be made to the market.
Recognising the range and depth of opportunities and the interest in ECR as a potential vehicle for new projects, we see a considerable advantage in building a diverse, low-cost and strategically significant portfolio of gold interests. We are aided in this regard by the currently poor market conditions, which is enabling gold opportunities to be acquired at a low cost entry level, well within the resources available within the Company.
Energy Metals and Minerals
The ECR team is aware of the very significant interest being shown in energy metals and minerals for battery technologies and general electrification demand.
The Company has received recent specific interest from third parties who have a strategic interest in the development of an energy metals and minerals pipeline. This interest extends to the potential injection of capital into new ventures should suitable energy metal projects of merit be identified and acquired by the Company.
Reflecting the potential for strategic support in this manner ECR has identified a number of energy metal and mineral opportunities that may be attractive and has a number of projects under due diligence at present.
Should any specific project advance to option or acquisition stage further announcements will be made to the market.
Craig Brown Chief Executive Officer of ECR Minerals plc commented: “ECR Minerals finds itself at a very interesting point in its development with a number of options for forward business development and growth.
The backdrop of difficult conditions in the junior resource sector has simply opened up multiple opportunities and although we would all like to see stronger market conditions generally, ECR is taking full advantage of the wide breadth of projects available.
Further updates to follow.”
FOR FURTHER INFORMATION, PLEASE CONTACT:
| ECR Minerals plc | Tel: +44 (0)20 7929 1010 | |
| David Tang, Non-Executive Chairman | ||
| Craig Brown, Director & CEO | ||
| Email:
info@ecrminerals.com |
||
| Website: www.ecrminerals.com | ||
| WH Ireland Ltd | Tel: +44 (0)161 832 2174 | |
| Nominated Adviser | ||
| Katy Mitchell/James Sinclair-Ford | ||
| SI Capital Ltd | Tel: +44 (0)1483 413500 | |
| Broker | ||
| Nick Emerson |
ABOUT ECR MINERALS PLC
ECR is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia has 100% ownership of the Avoca, Bailieston, Creswick, Moormbool and Timor gold exploration licences in central Victoria, Australia.
ECR has earned a 25% interest in the Danglay epithermal gold project, an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines. An NI43-101 technical report was completed in respect of the Danglay project in December 2015 and is available for download from ECR’s website.
ECR’s wholly owned Argentine subsidiary Ochre Mining has 100% ownership of the SLM gold project in La Rioja, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near-term production.
ECR Minerals #ECR CEO Craig Brown interview with Bonnie Hughes at Total Market Solutions
ECR Minerals #ECR CEO Craig Brown is interviewed by Bonnie Hughes, VP Red Cloud Klondike Strike Inc on Total Market Solutions. Craig discusses the recent gold assay sample results from the Bailieston Gold project, plus the Creswick Gold project, Avoca, Moormbool and Timor projects along with the due diligence undertaken on the upcoming Iceberg Gold project.
ECR Minerals #ECR – Iceberg Gold Project – Due Diligence Update
ECR Minerals plc (LON:ECR) the precious metals exploration and development company is pleased to provide an update regarding due diligence work being undertaken by the Company in respect of the Iceberg Gold Project, Western Australia.
On 3 August 2018 the Company announced an Option Agreement in respect of the Iceberg Gold Project.
The original Option Agreement provided a 60 day option period during which due diligence work could be undertaken. ECR have appointed CSA Global, Mining Industry Consultants, to conduct a thorough review of the project and its underlying documentation.
Recognising the substantial historical project data supplied by the vendors, for which the Company is grateful, both parties have agreed to extend the Option period by 30 days at no additional cost to allow a thorough review of the information supplied to be undertaken.
ECR is working well with the vendors, Pacific Trends Resources Pty Limited and anticipate the due diligence work of the Company, and its advisors, will be completed during the coming weeks.
FOR FURTHER INFORMATION, PLEASE CONTACT:
| ECR Minerals plc | Tel: +44 (0)20 7929 1010 | |
| David Tang, Non-Executive Chairman | ||
| Craig Brown, Director & CEO | ||
| Email:
info@ecrminerals.com |
||
| Website: www.ecrminerals.com | ||
| WH Ireland Ltd | Tel: +44 (0)161 832 2174 | |
| Nominated Adviser | ||
| Katy Mitchell/James Sinclair-Ford | ||
| Optiva Securities Ltd | Tel: +44 (0)203 137 1902 | |
| Broker | ||
| Graeme Dickson | ||
| SI Capital Ltd | Tel: +44 (0)1483 413500 | |
| Broker | ||
| Nick Emerson |
FORWARD LOOKING STATEMENTS
This announcement may include forward looking statements. Such statements may be subject to numerous known and unknown risks, uncertainties and other factors that could cause actual results or events to differ materially from current expectations. There can be no assurance that such statements will prove to be accurate and therefore actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements. Any forward-looking statements contained herein speak only as of the date hereof (unless stated otherwise) and, except as may be required by applicable laws or regulations (including the AIM Rules for Companies), the Company disclaims any obligation to update or modify such forward-looking statements because of new information, future events or for any other reason.
ABOUT ECR MINERALS PLC
ECR is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia has 100% ownership of the Avoca, Bailieston, Creswick, Moormbool and Timor gold exploration licences in central Victoria, Australia.
ECR has earned a 25% interest in the Danglay epithermal gold project, an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines. An NI43-101 technical report was completed in respect of the Danglay project in December 2015 and is available for download from ECR’s website.
ECR’s wholly owned Argentine subsidiary Ochre Mining has 100% ownership of the SLM gold project in La Rioja, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near-term production.
ECR Minerals #ECR – Further information on New Gold Targets at Blue Moon, Victoria region, Australia
ECR Minerals plc (LON:ECR) the precious metals exploration and development company is pleased to provide a further update in respect of the Blue Moon gold project in Victoria Region, Australia.
On 3 September 2018 the Company announced the identification of a significant gold target at the Blue Moon prospect and the addition of two new gold targets in the same area as Blue Moon, now named Yellow Moon and Red Moon.
The Company’s technical advisory team have prepared a diagrammatic image of the three target areas and this is now available on the Company’s website through the following link: https://bit.ly/2ChsS3f
The image demonstrates:
- that the area is principally flat and alluvial cover, demonstrated as blue in the image;
- anomalous arsenic results were returned from pXRF soil geochemistry conducted on the slopes and over small hills;
- the association of the anomalous arsenic at all three ‘Moon’ prospects with broad areas of quartz float;
- the location of the Bailieston Anticline to the east of Yellow Moon and as shown on government mapping plus a newly identified anticline, named the New Moon Anticline. The anticline is a double fold to the west of Red Moon.
Craig Brown, Chief Executive Officer of ECR Minerals plc, commented: “I am pleased at the level of interest demonstrated in the new targets outlined in our earlier announcement, particularly enquiries from a technical perspective. The publication of this image provides further important technical information to the market about the project and its potential. The team are working proactively to advance our entire Victoria region interests, with a particular interest at Blue Moon given the findings to date. Further information will be provided to the market in respect of Blue Moon and our work across the Company at the earliest opportunity.”
COMPETENT PERSON STATEMENT
The information in this announcement that relates to Exploration Results is based on information compiled by Dr Rodney Boucher of Linex Pty Ltd. Linex Pty Ltd provides geological services to Mercator Gold Australia Pty Ltd, including the services of Dr Boucher, who has a PhD in geology, is a Member and RPGeo of the Australian Institute of Geoscientists and is a Member of the Australian Institute of Mining and Metallurgy. Dr Boucher has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Dr Boucher consents to the inclusion in the announcement of the material based on his information in the form and context in which it appears.
ABOUT ECR MINERALS PLC
ECR is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia has 100% ownership of the Avoca, Bailieston, Creswick, Moormbool and Timor gold exploration licences in central Victoria, Australia.
ECR has earned a 25% interest in the Danglay epithermal gold project, an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines. An NI43-101 technical report was completed in respect of the Danglay project in December 2015 and is available for download from ECR’s website.
ECR’s wholly owned Argentine subsidiary Ochre Mining has 100% ownership of the SLM gold project in La Rioja, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near-term production.
MARKET ABUSE REGULATIONS (EU) No. 596/2014
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR). Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.
FOR FURTHER INFORMATION, PLEASE CONTACT:
| ECR Minerals plc | Tel: +44 (0)20 7929 1010 | |
| David Tang, Non-Executive Chairman | ||
| Craig Brown, Director & CEO | ||
|
Email: |
||
| Website: www.ecrminerals.com | ||
| WH Ireland Ltd | Tel: +44 (0)161 832 2174 | |
| Nominated Adviser | ||
|
Katy Mitchell/James Sinclair-Ford |
||
| Optiva Securities Ltd | Tel: +44 (0)203 137 1902 | |
| Broker | ||
| Graeme Dickson | ||
| SI Capital Ltd | Tel: +44 (0)1483 413500 | |
| Broker | ||
| Nick Emerson |
FORWARD LOOKING STATEMENTS
This announcement may include forward looking statements. Such statements may be subject to numerous known and unknown risks, uncertainties and other factors that could cause actual results or events to differ materially from current expectations. There can be no assurance that such statements will prove to be accurate and therefore actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements. Any forward-looking statements contained herein speak only as of the date hereof (unless stated otherwise) and, except as may be required by applicable laws or regulations (including the AIM Rules for Companies), the Company disclaims any obligation to update or modify such forward-looking statements because of new information, future events or for any other reason.
ECR Minerals #ECR – New Gold Targets identified at Blue Moon, Australia
ECR Minerals plc (LON:ECR) the precious metals exploration and development company is pleased to provide an update in respect of the Blue Moon gold project in Victoria Region, Australia.
Blue Moon – significant gold target identified below near surface mineralised oxide zone
On 6 July 2018 the Company announced a significant near surface gold system had been identified in drilling at Blue Moon and this led to a thorough review of the Blue Moon gold target by the Company’s technical team, the results of which are outlined below.
The gold grade identified near surface was modest, but the key objective of the previous drilling campaign was to confirm the presence of gold mineralisation which was achieved successfully. With gold mineralisation confirmed the work commenced to investigate the geological system enabling the Company to target future drilling seeking higher grade mineralisation, potentially of a type similar to the nearby million ounce Fosterville mine.
Upon review of the findings the Company has identified that there has been considerable leaching of the veinlets containing gold in the Blue Moon sandstone in the oxide zone near surface. If the leached materials are gold bearing sulphides, the Company believe there is potential for significantly higher grades by drilling below the oxide zone, where the significant near surface gold system was identified from the previous drill programme.
The conclusion of the technical review is that, given the significant near surface and extensive gold system identified to date and evidence of near surface leaching, there exists potential for a significant gold discovery with deeper drilling. As a result the Company expects to undertake deeper reverse circulation drilling in the coming months, subject to conclusion of land access agreements.
Two new gold targets confirmed in addition to the Blue Moon target
In addition to the work undertaken at Blue Moon the Company has undertaken field mapping and soil geochemical sampling over unexplored areas to the north and northwest of Blue Moon.
This work programme has identified two new gold prospective targets which share similar geochemistry to that confirmed at Blue Moon, notably large areas of quartz float with anomalous arsenic of similar magnitude.
The two new targets have been named Red Moon and Yellow Moon and will now be subject to further geochemical analysis to identify the extent of each anomaly and to determine a follow up work programme for each target as appropriate.
Craig Brown, Chief Executive Officer of ECR Minerals plc, commented: “I am delighted with the progress our technical team have made with the review of Blue Moon. It is evident that the Blue Moon target offers an opportunity to discover a significant gold deposit and that will be our prime objective in the forthcoming drill campaign.
Furthermore, the addition of two new targets at Red Moon and Yellow Moon is extremely exciting for the technical team and the Company. The multiple gold targets identified to date support the rationale of the Company in securing the Bailieston licence with the overall objective being the discovery of a significant and economic gold deposit.
Alongside our work in Victoria, Australia, we are actively pursuing other initiatives in Australia including the completion of due diligence in respect of the “Iceberg” project, an option over which was announced to the market on 15 August 2018.
I look forward to providing further Australian development updates.”
COMPETENT PERSON STATEMENT
The information in this announcement that relates to Exploration Results is based on information compiled by Dr Rodney Boucher of Linex Pty Ltd. Linex Pty Ltd provides geological services to Mercator Gold Australia Pty Ltd, including the services of Dr Boucher, who has a PhD in geology, is a Member and RPGeo of the Australian Institute of Geoscientists and is a Member of the Australian Institute of Mining and Metallurgy. Dr Boucher has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Dr Boucher consents to the inclusion in the announcement of the material based on his information in the form and context in which it appears.
ABOUT ECR MINERALS PLC
ECR is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia has 100% ownership of the Avoca, Bailieston, Creswick, Moormbool and Timor gold exploration licences in central Victoria, Australia.
ECR has earned a 25% interest in the Danglay epithermal gold project, an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines. An NI43-101 technical report was completed in respect of the Danglay project in December 2015 and is available for download from ECR’s website.
ECR’s wholly owned Argentine subsidiary Ochre Mining has 100% ownership of the SLM gold project in La Rioja, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near-term production.
MARKET ABUSE REGULATIONS (EU) No. 596/2014
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR). Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.
FOR FURTHER INFORMATION, PLEASE CONTACT:
| ECR Minerals plc | Tel: +44 (0)20 7929 1010 | |
|
David Tang, Non-Executive Chairman |
||
| Craig Brown, Director & CEO | ||
|
Email: |
||
| Website: www.ecrminerals.com | ||
| WH Ireland Ltd | Tel: +44 (0)161 832 2174 | |
| Nominated Adviser | ||
| Katy Mitchell/James Sinclair-Ford | ||
| Optiva Securities Ltd | Tel: +44 (0)203 137 1902 | |
| Broker | ||
| Graeme Dickson | ||
| SI Capital Ltd | Tel: +44 (0)1483 413500 | |
| Broker | ||
| Nick Emerson |
FORWARD LOOKING STATEMENTS
This announcement may include forward looking statements. Such statements may be subject to numerous known and unknown risks, uncertainties and other factors that could cause actual results or events to differ materially from current expectations. There can be no assurance that such statements will prove to be accurate and therefore actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements. Any forward-looking statements contained herein speak only as of the date hereof (unless stated otherwise) and, except as may be required by applicable laws or regulations (including the AIM Rules for Companies), the Company disclaims any obligation to update or modify such forward-looking statements because of new information, future events or for any other reason.
ECR Minerals #ECR – Option agreement over Iceberg Gold Project, Western Australia
ECR Minerals plc (LON:ECR) the precious metals exploration and development company is pleased to announce the signing of an agreement with Pacific Trends Resources Pty Limited, securing an option over the Iceberg Gold Project in Western Australia.
Highlights:
- The Iceberg Gold Project comprises 3 tenements under application totalling 137km² of ground immediately along strike and adjacent to the Tropicana gold mine (circa 8m ounces of gold mineral resource estimate) operated by AngloGold Ashanti and Independence Group under Joint Venture;
- The Iceberg Gold Project represents a portfolio of ground lying within a Proterozoic belt and within the Plumridge terrain that hosts the Tropicana deposit;
- Proterozoic belts are host to known significant deposits of gold, copper, nickel and uranium;
- Option fee payable of £25,000 securing 60 day option period and comprising £10,000 cash which is payable immediately and £15,000 through the immediate issue of 1.5m new ordinary shares in ECR Minerals at a deemed price of 1.0p per share (the “Option Shares”):
- Should ECR wish to exercise the option it may acquire a 100% interest in the Iceberg Gold Project through a further payment of £225,000 satisfied by way of the issue of 22.5m new ordinary shares in ECR Minerals (at the same deemed price of 1.0p per share);
- In the event that ECR or a member of it’s group develops the Iceberg Gold Project and enters into production, a further payment to the vendors, Pacific Trends Resources Pty Limited, will be payable through the issue of a further 30,000,000 new ordinary shares in ECR Minerals (at the deemed price of 1p per share);
- ECR Minerals will produce a further information update for shareholders in respect of this Iceberg Gold Project in due course, along with updates as its due diligence work progresses.
Craig Brown, Chief Executive Officer of ECR Minerals plc, commented: “The signing of this Option Agreement is another step forward in ECR’s campaign to become a leading Australian focused gold and strategic metals exploration and development company.
Competition for project opportunities in the Proterozoic belts is increasing, particularly following recent large discoveries in the Paterson Province of Western Australia. There remains the potential for further multi-million ounce discoveries within this type of geology.
Given this backdrop, the ECR Minerals team are excited to be offered an opportunity to secure an option over this project package. Subject to the successful completion of our due diligence work, we look forward to moving forward with the project.
Following its recent financing ECR is well funded and able to engage proactively on its project interests.Your company continues to build on these activities to deliver a broader based and refocused ECR Minerals.”
FURTHER INFORMATION – ICEBERG PROJECT
The Iceberg Project comprises of 3 tenements under application totalling 137km² of ground. The package includes tenements under application EL-2050, EL39-2051 and EL39-2082 (EL = Exploration Licence). These tenements represent new licence applications and accordingly no book value currently attaches to them.
The minimum reported annual statutory expenditure commitment for all three of the licences combined is A$146,000 (circa £82,000 at current exchange rates) over years 1 – 3 from licence granting.
ADMISSION OF OPTION SHARES AND TOTAL VOTING RIGHTS
Application has been made for the Option Shares to be admitted to trading on AIM, and admission of the Option Shares is expected to occur on or around 10 August 2018. Following Admission of the Option Shares, ECR’s issued ordinary share capital will comprise 341,962,383 ordinary shares of 0.001 pence. This number will represent the total voting rights in the Company, and, following admission of both the placing and subscription shares, 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 and Transparency Rules. The new shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.
COMPETENT PERSON STATEMENT
The information in this announcement that relates to Exploration Results is based on information compiled by Dr Rodney Boucher of Linex Pty Ltd. Linex Pty Ltd provides geological services to Mercator Gold Australia Pty Ltd, including the services of Dr Boucher, who has a PhD in geology, is a Member and RPGeo of the Australian Institute of Geoscientists and is a Member of the Australian Institute of Mining and Metallurgy. Dr Boucher has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Dr Boucher consents to the inclusion in the announcement of the material based on his information in the form and context in which it appears.
ABOUT ECR MINERALS PLC
ECR is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia has 100% ownership of the Avoca, Bailieston, Creswick, Moormbool and Timor gold exploration licences in central Victoria, Australia.
ECR has earned a 25% interest in the Danglay epithermal gold project, an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines. An NI43-101 technical report was completed in respect of the Danglay project in December 2015 and is available for download from ECR’s website.
ECR’s wholly owned Argentine subsidiary Ochre Mining has 100% ownership of the SLM gold project in La Rioja, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near-term production.
MARKET ABUSE REGULATIONS (EU) No. 596/2014
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR). Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.
FOR FURTHER INFORMATION, PLEASE CONTACT:
| ECR Minerals plc | Tel: +44 (0)20 7929 1010 | |
| David Tang, Non-Executive Chairman | ||
| Craig Brown, Director & CEO | ||
| Email:
info@ecrminerals.com |
||
| Website: www.ecrminerals.com | ||
| WH Ireland Ltd | Tel: +44 (0)161 832 2174 | |
| Nominated Adviser | ||
| Katy Mitchell/James Sinclair-Ford | ||
| Optiva Securities Ltd | Tel: +44 (0)203 137 1902 | |
| Broker | ||
| Graeme Dickson | ||
| SI Capital Ltd | Tel: +44 (0)1483 413500 | |
| Broker | ||
| Nick Emerson |
FORWARD LOOKING STATEMENTS
This announcement may include forward looking statements. Such statements may be subject to numerous known and unknown risks, uncertainties and other factors that could cause actual results or events to differ materially from current expectations. There can be no assurance that such statements will prove to be accurate and therefore actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements. Any forward-looking statements contained herein speak only as of the date hereof (unless stated otherwise) and, except as may be required by applicable laws or regulations (including the AIM Rules for Companies), the Company disclaims any obligation to update or modify such forward-looking statements because of new information, future events or for any other reason.