Brief: GCM Resources PLC Says MoU Extension & Drawdown On Existing Polo Loan

GCM Resources

28/11/2023 18:47

Nov 28 (Reuters) - GCM Resources plc  GCM.L :
    * GCM RESOURCES PLC  - MOU EXTENSION & DRAWDOWN ON EXISTING
POLO
LOAN
    * GCM RESOURCES PLC- AGREED AN EXTENSION TO 6 DEC 2024 ON
SAME
TERMS AS PREVIOUS MOU PRIMARILY FOCUSED ON PHULBARI COAL MINE
DEVELOPMENT
    * GCM RESOURCES PLC-  HAS REQUESTED TO DRAWN DOWN A FURTHER
£300,000 IN ACCORDANCE WITH TERMS UNDER EXISTING POLO RESOURCES
LTD LOAN FACILITY

Source text for Eikon:  ID:nRSb9609Ua 
Further company coverage:  GCM.L 

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