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Share Price Information for GCM Resources (GCM)

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4.55    -0.10 (-2.15%)
Bid:
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Spread: 0.30 (6.818%)
Market Cap: £16.75m
GCM Live PriceLast checked at - London Stock Exchange

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Statement re Share Issue

27 Aug 2013 12:14

RNS Number : 5389M
GCM Resources PLC
27 August 2013
 

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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