Last checked at 20 Jan 2022 14:28
20 January 2022
GCM Resources plc
("GCM" or the "Company")
Results of AGM
GCM Resources plc (LON: GCM), an AIM quoted mining and energy company, reports that at the annual general meeting, held today all of the ordinary and special resolutions, as set out in the notice of meeting, were duly passed, and the votes cast were as follows:
In Favour | Against | Withheld | ||||
Resolution | Votes | %age | Votes | %age | Total votes | Votes |
1 | 51,869,154 | 99.999% | 397 | 0.001% | 51,869,551 | 167,532 |
2 | 51,859,470 | 99.999% | 397 | 0.001% | 51,859,867 | 177,216 |
3 | 51,859,470 | 99.999% | 397 | 0.001% | 51,859,867 | 177,216 |
4 | 51,859,470 | 99.999% | 397 | 0.001% | 51,859,867 | 177,216 |
5 | 51,839,950 | 99.938% | 32,417 | 0.062% | 51,872,367 | 164,716 |
6 | 51,827,634 | 99.919% | 41,917 | 0.081% | 51,869,551 | 167,532 |
7 | 51,824,634 | 99.913% | 44,917 | 0.087% | 51,869,551 | 167,532 |
This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.
For further information:
GCM Resources plc Keith Fulton Finance Director +44 (0) 20 7290 1630
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WH Ireland Ltd James Joyce Andrew De Andrade +44 (0) 20 7220 1666 |
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GCM Resources plc | |||
Tel: +44 (0) 20 7290 1630 | |||
info@gcmplc.com; www.gcmplc.com | |||
About GCM Resources
GCM Resources plc (LON: GCM), an AIM listed 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 is capable of supporting power plants of up to 6,000MW. GCM is awaiting approval from the Government of Bangladesh to develop the Project. The Company has a strategy of combining the Company's mine proposal with up to 6,000MW of power generation, together with credible, internationally recognised strategic 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.