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LONDON - Gold exploration company ECR Minerals plc (LON:ECR) has appointed Perry Hothi as a specialist consultant adviser to its board of directors, according to a press release statement issued Friday.
The appointment follows ECR’s recent adoption of a Bitcoin and Digital Asset Treasury Management Policy announced on August 7, 2025. Hothi, a technology executive with experience in Bitcoin mining operations, previously served as Chief Technology Officer for Argo Blockchain (LON:ARB).
Hothi currently works as a blockchain solutions architect for a US point-of-sale solutions provider. He will collaborate with other specialists to implement the company’s digital asset policy.
ECR Chairman Nick Tulloch said the company’s strategy aims to integrate its ambitions as a physical gold producer with financial technology as a complement to its core business. The company’s gold production efforts are currently focused on its Blue Mountain Gold Project in Queensland, Australia.
Under the policy, ECR intends to allocate no more than 50 percent of its free cash flow from gold production operations and surplus cash toward primarily acquiring and holding Bitcoin.
The company acknowledged several risks associated with its digital asset strategy, including price volatility, regulatory uncertainty, and potential impacts on share price stability. ECR emphasized that the policy represents a treasury management initiative and does not alter its core business as a gold exploration and development company in Australia.
ECR Minerals maintains wholly owned subsidiaries in Australia with gold projects in central Victoria and Queensland, along with rights to receive payments based on future resource estimation from previously sold projects.
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