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GCM Resources Identifies Replacement For Nominated Adviser
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.
GCM Resources Shares in this article
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