GCM Gcm Resources Plc

6.875

-0.125 (-1.79%)

23 Apr 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Gcm Resources Plc	LSE:GCM	London	Ordinary Share	GB00B00KV284	ORD 1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-0.125	-1.79%	6.875	6.75	7.00	6.875	6.625	6.75	2,028,318	11:14:59

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Coal Mining Services	0	-1.32M	-0.0056	-12.27	16.34M

GCM Resources in Talks to Extend Joint-Venture Agreements With PowerChina

15/01/2021 5:15pm

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By Adriano Marchese

GCM Resources PLC said Friday that the company is in talks with Power Construction Corporation of China Ltd., also known as PowerChina, to extend two joint-venture agreements.

The AIM-listed mining and energy company said it seeks to extend the two agreements by 12 months, both of which are set to expire on Jan. 17 and March 15.

GCM Resources said formal extensions to the agreements with the Chinese energy and construction company would allow GCM to continue progress on the development of its coal-fired power plant project in Bangladesh.

"The board of the company is confident of agreeing such extension terms and a further announcement will be made once an extension is formally entered into," it said.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

January 15, 2021 12:00 ET (17:00 GMT)