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GCM Resources PLC - Notice of intention to adjourn AGM

RNS Number : 0131X
GCM Resources PLC
16 December 2019
 

16 December 2019

 

GCM Resources plc

("GCM" or the "Company")

(AIM:GCM) 

 

Notice of intention to adjourn AGM

 

GCM Resources plc ("GCM" or the "Company"), regrets to announce that the board of GCM (the "Board") intends to adjourn, at its commencement, the Company's 2019 Annual General Meeting (the "AGM"), which is to be held at 10.00 a.m. on Wednesday 18 December 2019, at No. 4 Hamilton Place, Mayfair, London, W1J 7BQ.

 

The decision to seek to adjourn the AGM follows consultation with the venue over access and security issues, which has resulted in the venue being withdrawn as the location for the AGM.

 

Accordingly, the Company urges any shareholders, and other interested parties, not to attend the venue on the date and time above, but instead to attend the reconvened AGM, details of which will be provided, in due course, via a Circular posted to all shareholders.  The Company apologises for any inconvenience this will cause to shareholders.

 

The Company will provide an update, via RNS, with regard to the reconvened AGM as soon as practicable and will also confirm, via RNS, the adjournment of the AGM on 18 December 2019.

 

 

 

For further information:

 

GCM Resources plc

Keith Fulton

Finance Director

+44 (0) 20 7290 1630

 

Strand Hanson Limited

Nominated Adviser and Broker

Stuart Faulkner

Rory Murphy

James Dance

+44 (0) 20 7409 3494



GCM Resources plc


Tel: +44 (0) 20 7290 1630


[email protected]; www.gcmplc.com


 

 

About GCM Resources

GCM Resources plc (LON:GCM), the AIM listed mining and energy company, has identified a high quality coal resource of 572 million tonnes (JORC 2004 compliant) at the Phulbari Coal and Power Project (the Project) in north-west Bangladesh.

 

Utilising the latest highly energy efficient power generating technology the Phulbari coal mine is capable of supporting power plants of up to 6,000MW. GCM is awaiting approval from the Government of Bangladesh to develop the Project. The Company has a strategy of combining the Company's mine proposal with up to 6,000MW of power generation, together with credible, internationally recognised strategic partners. GCM aims to deliver a practical power solution to provide the cheapest electricity in the country, in a manner amenable to the Government of Bangladesh.

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: GCM Resources

Price: 9.5

Market: AIM
Market Cap: £10.67 m
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