REG - GCM Resources PLC - Status of Nominated Adviser <Origin Href="QuoteRef">GCM.L</Origin>

GCM ResourcesAnnouncement

11/10/2017 08:06

RNS Number : 2904T
GCM Resources PLC
11 October 2017
11 October 2017
GCM Resources plc
("GCM" or the "Company")
(AIM:GCM)
Status of Nominated Adviser
Further to the announcement released by the London Stock Exchange on 10 October 2017, GCM Resources plc ("GCM" or the "Company"), confirms that the London Stock Exchange has decided to remove the nominated adviser status of the Company's nominated adviser, ZAI Corporate Finance Limited on 19 October 2017 for failure to meet the Exchange's continuing eligibility obligations for nomads contained at Rule 2 of the AIM Rules for Nominated Advisers. 
Under Rule 1 of the AIM Rules, the Company is required to have a nominated adviser at all times and accordingly a replacement nominated adviser must be found by 19 October 2017 to avoid temporary suspension. It is the Company's duty to inform that in the event that a nominated adviser is not found by 20 November 2017 admission of the Company's shares to trading on AIM would be cancelled. 
The Board of Directors of GCM Resources plc would like to reassure its shareholders that a new nominated adviser is being actively sought. 
For further information:
GCM Resources plc
James Hobson
Finance Director 
+44 (0) 20 7290 1630
ZAI Corporate Finance Ltd
Nominated Adviser and Broker
John Treacy, 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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