Last checked at 27 Aug 2013 12:14
27th August 2013
GCM Resources plc
(the "Company" or "GCM Resources")
(AIM:GCM)
Share Issue
GCM Resources plc ("GCM" or the "Company"), a resource exploration and development company, advises that a final fee is payable for the services of Mr Greg James, former non-executive director of the Company, which is to be settled by the issue of shares in accordance with an agreement on 26 June 2013.
Consequently, GCM has today allotted 12,500 ordinary shares to the company through which Mr Greg James provided services and in which he is beneficially interested.
Application has been made to The London Stock Exchange for these shares to be admitted to AIM. It is expected that admission will become effective at 8.00 a.m. on 28th August 2013.
For further information:
GCM Resources plc James Hobson CFO & Company Secretary +44 (0) 20 7290 1630
| Pelham Bell Pottinger Lorna Spears / Joanna Boon +44 (0) 20 7861 3232
|
ZAI Corporate Finance Ltd Nominated Adviser and Broker Tom Price, Steve Feng +44 (0) 20 7060 2220 |
GCM Resources plc | |
Tel: +44 (0) 20 7290 1630, Fax: +44 (0) 20 7290 1631 | |
info@gcmplc.com; www.gcmplc.com |