12th April 2016
GCM Resources plc
("GCM" or the "Company")
(AIM:GCM)
Share price movement
The Directors of GCM Resources plc (AIM:GCM), a resource exploration and development company, have noted the recent rise in the price of its shares. They are not aware of any disclosable price sensitive information in relation to the Company which has not already been made public.
The Company remains wholly focused on pursuing the necessary approval from the Government of Bangladesh for the Phulbari Coal Project to proceed with the next stage of development. The Directors are confident that an agreement can be reached which satisfies the objectives of both the Government and the Company.
For further information:
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GCM Resources plc James Hobson CFO & Company Secretary +44 (0) 20 7290 1630 |
Bell Pottinger Greg Wood +44 (0) 20 3772 2500 |
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ZAI Corporate Finance Ltd Nominated Adviser and Broker Tim Cofman +44 (0) 20 7060 2220 |
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GCM Resources plc |
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Tel: +44 (0) 20 7290 1630 |
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info@gcmplc.com; www.gcmplc.com |
This information is provided by RNS