LONDON (Alliance News) - GCM Resources PLC on Monday said it is confident it will appoint a new nominated adviser within the February 1 deadline.
The firm said it identified a replacement for Northland Capital, which back in November announced its intention to resign as nomad of the company.
"Due diligence is advanced and the company is confident that the replacement Nomad will be appointed prior to the 1 February 2019 deadline," GCM said.
GCM shares were trading down 8,7% at 34.26 pence each. If the company fails to appoint a replacement nomad by February 1, its shares will be suspended from trading on AIM.


(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News:


(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately repor...


(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday.


(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News:


(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately repor...


(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday.


(Sharecast News) - GCM Resources announced the conditional raising of £1m before expenses through a placing of new shares on Friday, with the pro...


(Alliance News) - Stock prices in London were mixed at midday on Friday, with the FTSE 100 marginally lower amid weakness in mining stocks but strengt...


(Alliance News) - GCM Resources PLC shares fell on Friday as it said it has conditionally raised GBP1.0 million in a discounted placing.


(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday.


(Alliance News) - GCM Resources PLC on Friday reported widening full-year loss and a need for financing to continue its operations as political upheav...