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REG - GCM Resources PLC - Statement re Share Price Movement <Origin Href="QuoteRef">GCM.L</Origin>

RNS Number : 9689U
GCM Resources PLC
12 April 2016

12th April 2016

GCM Resources plc

("GCM" or the "Company")

(AIM:GCM)

Share price movement

The Directors of GCM Resources plc (AIM:GCM), a resource exploration and development company, have noted the recent rise in the price of its shares. They are not aware of any disclosable price sensitive information in relation to the Company which has not already been made public.

The Company remains wholly focused on pursuing the necessary approval from the Government of Bangladesh for the Phulbari Coal Project to proceed with the next stage of development. The Directors are confident that an agreement can be reached which satisfies the objectives of both the Government and the Company.

For further information:

GCM Resources plc

James Hobson

CFO & Company Secretary

+44 (0) 20 7290 1630

Bell Pottinger

Greg Wood

+44 (0) 20 3772 2500

ZAI Corporate Finance Ltd

Nominated Adviser and Broker

Tim Cofman

+44 (0) 20 7060 2220


GCM Resources plc


Tel: +44 (0) 20 7290 1630


info@gcmplc.com; www.gcmplc.com



This information is provided by RNS
The company news service from the London Stock Exchange
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