GCM Resources PLC Result of AGM

RNS Number : 9888E

GCM Resources PLC

29 February 2024

 

29 February 2024

GCM Resources plc

("GCM" or the "Company")

 

Results of AGM

 

GCM Resources plc (LON: GCM), an AIM quoted mining and energy company, reports that at the annual general meeting, held today all of the ordinary and special resolutions, as set out in the notice of meeting, were duly passed, and the votes cast were as follows:

 

 

	In Favour		Against			Withheld
Resolution	Votes	%age	Votes	%age	Total votes	Votes
1	26,676,218	98.99%	168,449	0.63%	26,947,792	40,962
2	26,651,218	98.90%	193,449	0.72%	26,947,792	40,962
3	26,681,012	99.00%	168,449	0.62%	26,952,586	36,168
4	26,398,099	97.97%	445,518	1.65%	26,947.042	41,712
5	Resolution not tabled.
6	26,156,879	97.05%	692,120	2.57%	26,952,124	36,630
7	25,883,085	96.06%	957,914	3.56%	26,944,124	44,630

 

 

 

This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.

 

 

For further information:

GCM Resources plc Keith Fulton Finance Director  [phone]	WH Ireland Ltd James Joyce James Bavister Andrew De Andrade [phone]
GCM Resources plc
Tel: [phone]
[e-mail]; 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 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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END

 

 

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