REG - GCM Resources PLC - Total Voting Rights

GCM ResourcesAnnouncement

31/01/2025 17:00

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RNS Number : 9723U  GCM Resources PLC  31 January 2025

31 January 2025

 

GCM Resources plc

("GCM" or the "Company")

 

Total Voting Rights

 

GCM Resources plc (AIM: GCM), the AIM traded mining and energy company,
announces that the issued share capital of the Company as at the date of this
announcement comprises 295,288,306 ordinary shares of 1 pence each with one
voting right per share ("Ordinary Shares"). The Company does not hold any
Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares
and voting rights in the Company is 295,288,306.

 

The above figure may be used by shareholders in the Company as the
denominator for the calculations by which they determine if they are required
to notify their interest in or a change to their interest in the share capital
of the Company under the Disclosure Guidance and Transparency Rules of the UK
Financial Conduct Authority.

 

 

For further information:

 

 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. GCM requires approval from the
Government of Bangladesh in order 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 developed development partners. Together with
credible, internationally recognised strategic development partners, 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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