GCM Resources PLC Change of Nominated Adviser and Joint Broker
15 July 2024 - 4:00PM
RNS Regulatory News
RNS Number : 2634W
GCM Resources PLC
15 July 2024
GCM
Resources plc
("GCM" or
the "Company")
Change of Nominated Adviser
and Joint Broker
GCM Resources plc, the AIM traded
mining and energy company announces its
Nominated Adviser and Joint Broker has changed to Zeus Capital
Limited with immediate effect.
This change follows completion of
the acquisition by Zeus Capital Limited of the WH Ireland Capital
Markets Division (from WH Ireland Limited), announced earlier
today.
|
GCM
Resources plc
Keith Fulton
Finance Director
+44 (0) 20 7290
1630
|
Zeus
Capital Limited (Nominated Adviser & Joint
Broker)
James Joyce
James Bavister
Andrew De Andrade
+44 (0) 203 829 5000
|
|
GCM Resources plc
|
|
|
Tel: +44 (0) 20 7290 1630
|
|
|
info@gcmplc.com;
www.gcmplc.com
|
Axis Capital Markets Ltd ( Joint Broker)
|
|
|
Ben Tadd/Lewis Jones
|
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+44 (0) 203 026 0320
|
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About GCM Resources
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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