REG - GCM Resources PLC - Appointment of Nominated Adviser and Broker

GCM ResourcesAnnouncement

30/01/2019 12:00

RNS Number : 5592O
GCM Resources PLC
30 January 2019
 


30 January 2019
 
 
 
 
GCM Resources plc
("GCM" or the "Company")
(AIM:GCM) 
 
Appointment of Nominated Adviser and Broker
 
GCM Resources plc (AIM:GCM), a resource exploration and development company, is pleased to announce the appointment of Strand Hanson Limited as its Nominated Adviser and Broker with immediate effect.
 
 
 
 

This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.

 

 
 
For further information:




 
GCM Resources plc
James Hobson
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








info@gcmplc.com; 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.

 

 
 




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