ECR Minerals Names Andrew Haythorpe as New CEO; Shares Rise

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By Joe Hope

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ECR Minerals PLC shares rose Monday after it said that it has appointed Andrew Haythorpe as chief executive officer.

Shares at 0806 GMT were up 0.12 pence, or 8.6%, at 1.58 pence.

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The London-listed mining company said that Mr. Haythorpe will join the company as a nonboard CEO, and assume the role of executive director in six months time, subject to approval.
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Mr. Haythorpe has more than 30 years of experience managing listed gold miners as well as working as a mining analyst and actively exploring for gold as a geologist, it said.

He has held previous board member roles for listed mining companies, including roles as managing director for Crescent Gold Ltd. and Michelago Resources. He is currently managing director of GoldOz Ltd., a gold company seeking to relist in Australia.

,[Mr. Haythorpe] built Crescent Gold from an $8 million explorer into a $250 million gold producer. He clearly sees the potential within the ECR portfolio,” Chairman David Tang said.

Write to Joe Hoppe at [email protected]

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Credit: www.marketwatch.com /

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