Home » Posts tagged 'Shenyang Xinliaoan Machinery Co'
Tag Archives: Shenyang Xinliaoan Machinery Co
ECR Minerals #ECR CEO Craig Brown interviewed by StockBox Media
ECR Minerals #ECR CEO Craig Brown is interviewed by StockBox Media. Craig discusses the recent purchases, including the Midas drill rig, and how the company plans to set up its own laboratory to analyse drill samples and geo data.
Craig explains the drilling process and how owning the equipment and resource has improved efficiency of operations and ultimately a speeding up of the process.
With £4m in the bank, sufficient funding to take the company through to 2023, Craig says the quartz cores extracted are looking very positive, although the detailed analysis needs to be undertaken.
Craig explains how the team at the new broker will conduct site visits and prepare detailed analysis notes, plus the Shenyang Xinliaoan Machinery Co major shareholding, (first invested in 2017). The company, which has approaching $1bn in assets, supplies mining equipment, plus equipment for industrial and earth moving equipment.
As major shareholders, Shenyang will also provide operational support and equipment for ECR going forward.
In regard to JV interest, short term Craig sees the greatest potential at Bailieston and HR3, Bryron, Blue Moon, Black Cat, Cherry Tree South and other areas. HR3 mineralisation looks v similar to Fosterville.
There is still serious interest at Creswick. Technical due diligence has been completed, so currently the JV partners are awaiting the final legal documentation. The partners are well known in the industry, having worked with a number of billion pound listed companies.
Craig ends by saying he’s not so much interested in corporate deals, rathermore he wants to discover something ‘on the ground’.
“It’s incredible when you discover something from nothing, and discover there is $8bn of gold sitting there. That’s what we hope to do for ECR..”
ECR Minerals #ECR – TR1 Shenyang Xinliaoan Machinery Co Major Shareholding
TR-1: Standard form for notification of major holdings
|
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i |
||||||
|
|
||||||
|
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : |
ECR Minerals |
|||||
|
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) |
||||||
|
Non-UK issuer |
|
|||||
|
2. Reason for the notification (please mark the appropriate box or boxes with an “X”) |
||||||
|
An acquisition or disposal of voting rights |
X |
|||||
|
An acquisition or disposal of financial instruments |
|
|||||
|
An event changing the breakdown of voting rights |
|
|||||
|
Other (please specify)iii: NEW EQUITY ISSUE DILUTING EXISTING POSITION |
|
|||||
|
3. Details of person subject to the notification obligation iv |
||||||
|
Name |
SHENYANG XINLIAOAN MACHINERY CO LTD |
|||||
|
City and country of registered office (if applicable) |
|
|||||
|
4. Full name of shareholder(s) (if different from 3.)v |
||||||
|
Name |
|
|||||
|
City and country of registered office (if applicable) |
|
|||||
|
5. Date on which the threshold was crossed or reached vi : |
28/01/2021 |
|||||
|
6. Date on which issuer notified (DD/MM/YYYY): |
28/01/2021 |
|||||
|
7. Total positions of person(s) subject to the notification obligation |
||||||
|
|
% of voting rights attached to shares (total of 8. A) |
% of voting rights through financial instruments |
Total of both in % (8.A + 8.B) |
Total number of voting rights of issuervii |
||
|
Resulting situation on the date on which threshold was crossed or reached |
7.4% |
|
7.4% |
749,333,993 |
||
|
Position of previous notification (if applicable) |
ZERO |
|
ZERO |
|
||
|
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii |
|||||||||
|
A: Voting rights attached to shares |
|||||||||
|
Class/type of ISIN code (if possible) |
Number of voting rights ix |
% of voting rights |
|||||||
|
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) |
Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) |
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) |
Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) |
||||||
|
GB00BYYDKX57 |
|
|
7.4% |
|
|||||
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|||||
|
SUBTOTAL 8. A |
|
7.4% |
|||||||
|
|
|||||||||
|
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) |
|||||||||
|
Type of financial instrument |
Expiration |
Exercise/ |
Number of voting rights that may be acquired if the instrument is exercised/converted. |
% of voting rights |
|||||
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|||||
|
|
|
|
|
|
|||||
|
|
|
SUBTOTAL 8. B 1 |
|
|
|||||
|
|
|||||||||
|
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) |
|||||||||
|
Type of financial instrument |
Expiration |
Exercise/ |
Physical or cash settlement xii |
Number of voting rights |
% of voting rights |
||||
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
||||
|
|
|
|
SUBTOTAL 8.B.2 |
|
|
||||
|
|
|||||||||
|
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”) |
||||
|
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii |
|
|||
|
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) |
|
|||
|
Namexv |
% of voting rights if it equals or is higher than the notifiable threshold |
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold |
Total of both if it equals or is higher than the notifiable threshold |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
10. In case of proxy voting, please identify: |
||||
|
Name of the proxy holder |
|
|||
|
The number and % of voting rights held |
|
|||
|
The date until which the voting rights will be held |
|
|||
|
|
||||
|
11. Additional information xvi |
||||
|
Place of completion |
UNITED KINGDOM |
|
Date of completion |
28/01/2021
|
|
Annex: Notification of major holdings (to be filed with the FCA only) |
||
|
|
||
|
A: Identity of the person subject to the notification obligation |
||
|
Full name (including legal form for legal entities) |
|
|
|
Contact address (registered office for legal entities) |
|
|
|
|
|
|
|
Phone number / Fax number |
|
|
|
Other useful information (at least legal representative for legal persons) |
|
|
|
|
|
|
|
B: Identity of the notifier, if applicable |
||
|
Full name |
|
|
|
Contact address |
|
|
|
|
|
|
|
Phone number / Fax number |
|
|
|
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) |
|
|
|
|
||
|
C: Additional information |
||
|
|
||
Please send the completed form together with this annex to the FCA at the following email
address: Majorshareholdings@fca.org.uk. Please send in Microsoft Word format if possible.