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IN BRIEF: GCM Resources Faces Cancellation Of Shares

Wed, 06th Jan 2021 21:20

GCM Resources PLC - mining and energy company - Shares suspended from trading on AIM market of the London Stock Exchange due to failure to finalise the appointment of a replacement nominated adviser, following Strand Hanson Ltd's resignation as nominated adviser and broker. Warns that should it fail to secure a replacement within one month, admission of its shares to trading will be cancelled but assures it is confident one will be appointed soon.

Current stock price: 7.60 pence

Year-to-date change: down 7.9%

By Ife Taiwo; ifetaiwo@alliancenews.com

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