11 Nov 2016 14:40
11 November 2016
Polo Resources Limited
("Polo" or the "Company")
GCM RESOURCES PLC - INVESTMENT UPDATE
Polo Resources Limited (AIM: POL), the natural resources investment company with interests in oil, gold, coal, copper, phosphate, iron and vanadium, is pleased to announce that its investee company, GCM Resources PLC ("GCM") ("AIM: GCM") has issued an announcement that it has agreed a memorandum of understanding ("MOU") with China Gezhouba Group International Engineering Co. Ltd.
The full details of GCM's announcement can be found at:
http://otp.investis.com/clients/uk/gcm_resources/rns1/regulatory-story.aspx?cid=1564&newsid=816758
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, please contact:
Polo Resources Limited Kudzayi Denenga, Investor Relations | +27 (0) 787 312 919 |
ZAI Corporate Finance Ltd (nominated adviser) Ray Zimmerman, John Treacy
| +44 (0) 20 7060 2220 |
Liberum Capital (broker) Henry Freeman | +44 (0) 20 3100 2000
|
Blytheweigh (public relations) Tim Blythe, Nick Elwes, Camilla Horsfall | +44 (0) 207 138 3204 |
|
About the Company
Polo Resources Limited is a natural resources investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. For further details on Polo, please refer to: www.poloresources.com.
POL.L (POL)