GCM Resources PLC Total Voting Rights

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 Keith Fulton, Finance Director	Tel: [phone] [e-mail] www.gcmplc.com
Allenby Capital Limited Nominated Adviser and Joint Broker John Depasquale / Vivek Bhardwaj	Tel: [phone] [e-mail]
Axis Capital Markets Limited Joint Broker Ben Tadd / Lewis Jones	Tel: [phone]

 

 

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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