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Share Price: 5.50

Bid: 5.50

Ask: 6.00

Change: 0.00 (0.00%)

Spread: 0.50 (9.091%)

Open: 0.00

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IN BRIEF: GCM Resources claims progress on funding and annual results

Fri, 19th Jan 2024 19:33

GCM Resources PLC - Resource exploration and development company focused on the Phulbari coal and power project in north-west Bangladesh - Provides update regarding the publication of audited financial statements for the year ended June 30 2023, and the funding process. As of December 28, GCM was still awaiting receipt of GBP300,000 in drawdown funds of loan facility with Polo Resources Ltd. Reports progress on both financial statements and funding process, looks to resolve both issues before the end of January 2024. Will make a further announcement in due course.

Current stock price: suspended in London, last closed at 2.65 pence on January 2

12-month change: down 39%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

27 Sep 2016 14:23

GCM Resources Takes Legal Action Against "Inaccurate" Media Outlets

23 Sep 2016 12:29

GCM says has had no notification from Bangladeshi govt over Phulbari mine

(ShareCast News) - GCM Resources said on Friday that it has not received any notification from the government of Bangladesh of any change to its contract for the Phulbari coal project following speculation in the press that the government has decided not to go ahead with open pit mining at the Barap

12 Apr 2016 15:31

GCM Resources says unaware of reason for share price spike

(ShareCast News) - GCM Resources said it was not aware of any reason for the recent spike in its share price. In a statement, the company said it remained "wholly focused on pursuing the necessary approval from the government of Bangladesh for the Phulbari coal project to proceed with the next stage

12 Apr 2016 13:36

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GCM Resources Share News (GCM)

Share Price Information for GCM Resources (GCM)

IN BRIEF: GCM Resources claims progress on funding and annual results

GCM Resources Takes Legal Action Against "Inaccurate" Media Outlets

GCM says has had no notification from Bangladeshi govt over Phulbari mine

GCM Resources says unaware of reason for share price spike

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IN BRIEF: GCM Resources claims progress on funding and annual results

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