REG - GCM Resources PLC - Result of AGM

GCM ResourcesAnnouncement

13/12/2024 13:30

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RNS Number : 0850Q  GCM Resources PLC  13 December 2024

13 December 2024

 

GCM Resources plc

("GCM" or the "Company")

 

Result of Annual General Meeting

 

GCM Resources plc (AIM: GCM), the AIM traded mining and energy company,
announces that at its annual general meeting ("AGM") held earlier today, all
resolutions put to shareholders were duly passed. The proxy votes received
from shareholders on the resolutions proposed at the meeting are set out
below.

 

             In Favour           Against                      Withheld
 Resolution  Votes       %age    Votes    %age   Total votes  Votes
 1           14,521,441  97.38%  239,737  1.61%  14,911,299   Nil
 2           14,479,384  97.13%  277,924  1.86%  14,907,429   3,870
 3           14,479,384  97.13%  277,924  1.86%  14,907,429   3,870
 4           14,412,771  96.68%  344,537  2.31%  14,907,429   3,870
 5           14,314,390  97.35%  239,737  1.63%  14,704,248   207,051
 6           14,458,255  96.96%  302,923  2.03%  14,911,299   Nil
 7           14,425,871  96.95%  302,924  2.04%  14,878,916   32,383
 8           14,216,610  96.90%  305,134  2.08%  14,671,865   239,434

 

 

For further information please contact:

 

 GCM Resources plc                    Tel: +44 (0) 20 7290 1630

 Keith Fulton, Finance Director       info@gcmplc.com

                                      www.gcmplc.com (http://www.gcmplc.com)

 Allenby Capital Limited              Tel: +44 (0)20 3328 5656

 Nominated Adviser and Joint Broker   info@allenbycapital.com (mailto:info@allenbycapital.com)

 John Depasquale / Vivek Bhardwaj

 Axis Capital Markets Limited         Tel: +44 (0) 203 026 0320

 Joint Broker

 Ben Tadd / Lewis Jones

 

 

About GCM Resources plc

 

GCM Resources plc (LON: GCM), the AIM traded 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 can support some 6,600MW. The Project site can also support
over 2,000MW of Solar Power capacity throughout the Project life span. GCM
requires approval from the Government of Bangladesh to develop the Project.
GCM requires approval from the Government of Bangladesh to develop the
Project. The Company has a strategy of linking the Company's mine proposal to
supplying coal to the Government of Bangladesh's existing and in the pipeline
coal-fired power plants and / or power plants implemented with its development
partner. Together with its credible, internationally recognised strategic
development partner, GCM aims to deliver a practical power solution to provide
the cheapest coal-fired electricity in the country, in a manner amenable to
the Government of Bangladesh.

 

 

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