GCM Resources PLC Notice of intention to adjourn AGM (5093F)
March 09 2020 - 12:38PM
UK Regulatory
TIDMGCM
RNS Number : 5093F
GCM Resources PLC
09 March 2020
9 March 2020
GCM Resources plc
("GCM" or the "Company")
(AIM:GCM)
Notice of intention to adjourn AGM
GCM Resources plc ("GCM" or the "Company"), regrets to announce
that the board of GCM (the "Board") intends to adjourn, at its
commencement, the Company's reconvened 2019 Annual General Meeting
(the "AGM"), which is to be held at 10.00 a.m. on Tuesday 10 March
2020, at Glaziers Hall, 9 Montague Close, London, SE1 9DD.
The decision to seek to adjourn the AGM follows consultation
with the venue today, regarding unforeseen security issues, which
has resulted in the venue being withdrawn as the location for
tomorrow's AGM. The Company will announce confirmation of the
adjournment of the AGM tomorrow.
Accordingly, the Company urges any shareholders, and other
interested parties, not to attend the venue on the date and time
above, but instead to attend the reconvened AGM, details of which
will be provided as soon as possible. The Company apologises for
any inconvenience this will cause to shareholders.
For further information:
GCM Resources plc Strand Hanson Limited
Keith Fulton Nominated Adviser and Broker
Finance Director Stuart Faulkner
+44 (0) 20 7290 1630 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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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