Directorate Change

11 Mar 2008 12:08

GCM Resources PLC11 March 2008 11 March 2008 PRESS RELEASE GCM Resources plc GCM appoints Mr Neil Herbert as Non-Executive Director GCM Resources plc ('GCM') announced today that Mr Neil Herbert will be joiningthe Board as a Non-Executive Director with effect from the 11 of March 2008. Neil Herbert (aged 41), was Finance Director of Uramin Inc. from July 2005 untilits acquisition by Areva in August 2007. He previously held the position ofFinance Director at Galahad Gold PLC, International Molybdenum PLC, KalahariDiamond Resources PLC and HPD Exploration PLC. Neil Herbert was also ChiefFinancial Officer of Argentinean gold explorer Brancote Holdings PLC until itsacquisition by Meridian Gold Inc in 2002 and was Group Financial Controller ofAntofagasta PLC when the Los Pelambres and El Tesoro copper mines were broughtto production. Before joining the mining sector Neil Herbert worked forPricewaterhouseCoopers. He is a fellow of the Association of Chartered CertifiedAccountants. Neil Herbert currently serves as a Non-Executive Director ofTemplar Minerals Limited and Sunrise Diamonds Plc. Steve Bywater, GCM's Chief Executive said: "We are delighted to have a person with Neil Herbert's credentials andexperience in mining join the Company and welcome him to the Board of GCM." Additional information The information detailed below is disclosed in accordance with Rule 17 andSchedule Two of the AIM Rules. Except for the information disclosed below, thereis no other information which falls to be disclosed under these rules. Listing of Mr Herbert's Directorships and past Directorships is below: Director Current Directorships Past DirectorshipsNeil Lindsey Herbert Vitorian Properties Limited International Molybdenum PLC Goldencrest Enterprises Limited Kalahari Diamond Resources PLC Haro Mercantile Inc Ludgate 341 Limited Sunrise Diamonds PLC Ludgate 347 Limited Templar Georgia Limited Patagonia Gold PLC (formerly called HPD Exploration PLC) Templar Minerals Limited Sekaka Diamonds (pty) Ltd Shambhala Gold PLC Uramin UK Limited Uramin Chad Limited Uramin CAR Limited Uramin Exploration Limited Galahad Gold PLC Galahad Minerals Limited Galahad Mining Limited Galahad Resources Limited Galahad Uranium Limited HPD Mining Limited Uramin Inc Niger Uranium Limited For Further Information: GCM Resources plc: Pelham Public Relations:Steve Bywater Charles VivianChief Executive Ph: +44 (0)207 743 6672Ph: +44 (0)207 290 1630 Email: charles.vivian@pelhampr.com Graham Taggart Klara KaczmarekFinance Director Ph: +44 (0)203 159 4395Ph: +44 (0)207 290 1630 Email: klara.kaczmarek@pelhampr.com JP Morgan CazenoveNominated AdvisorMichael Wentworth-StanleyPh: +44 (0)207 588 2828 Charlotte KeenanPh: +44 (0)207 588 2828 Notes to editors: About GCM Resources plc: GCM Resources plc is a London based company quoted on the London StockExchange's Alternative Investment Market ("AIM"). The Company is strategicallyfocused on coal and related investments across a range of geographical locationsincluding: South Africa, Bangladesh and China with the aim of sourcing potentialopportunities that offer near return whilst mitigating risk through thedevelopment of a diverse portfolio of assets. Primarily focused on theexploration and development of coal deposits the Company also targets relatedinfrastructure such as power plants and telecommunications networks to build onrelated areas of the coal mining industry and support local development. For further information: www.gcmplc.com This information is provided by RNS The company news service from the London Stock Exchange