GCM.L

GCM Resources Plc
GCM Resources PLC - Result of AGM
13th December 2024, 13:29
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RNS Number : 0850Q
GCM Resources PLC
13 December 2024
 

13 December 2024

 

GCM Resources plc

("GCM" or the "Company")

 

Result of Annual General Meeting

 

GCM Resources plc (AIM: GCM), the AIM traded mining and energy company, announces that at its annual general meeting ("AGM") held earlier today, all resolutions put to shareholders were duly passed. The proxy votes received from shareholders on the resolutions proposed at the meeting are set out below.

 

In Favour

Against


Withheld

Resolution

Votes

%age

Votes

%age

Total votes

Votes

1

14,521,441

97.38%

239,737

1.61%

14,911,299

Nil

2

14,479,384

97.13%

277,924

1.86%

14,907,429

3,870

3

14,479,384

97.13%

277,924

1.86%

14,907,429

3,870

4

14,412,771

96.68%

344,537

2.31%

14,907,429

3,870

5

14,314,390

97.35%

239,737

1.63%

14,704,248

207,051

6

14,458,255

96.96%

302,923

2.03%

14,911,299

Nil

7

14,425,871

96.95%

302,924

2.04%

14,878,916

32,383

8

14,216,610

96.90%

305,134

2.08%

14,671,865

239,434

 

 

For further information please contact:

 

GCM Resources plc

Keith Fulton, Finance Director

 

 

Tel: +44 (0) 20 7290 1630

info@gcmplc.com

www.gcmplc.com

 

 

Allenby Capital Limited

Nominated Adviser and Joint Broker

John Depasquale / Vivek Bhardwaj

 

 

Tel: +44 (0)20 3328 5656

info@allenbycapital.com

 

Axis Capital Markets Limited

Joint Broker

Ben Tadd / Lewis Jones

 

 

Tel: +44 (0) 203 026 0320

 

 

About GCM Resources plc

 

GCM Resources plc (LON: GCM), the AIM traded mining and energy company, has identified a high-quality coal resource of 572 million tonnes (JORC 2004 compliant) at the Phulbari Coal and Power Project ("the Project") in north-west Bangladesh.

 

Utilising the latest highly energy efficient power generating technology the Phulbari coal mine can support some 6,600MW. The Project site can also support over 2,000MW of Solar Power capacity throughout the Project life span. GCM requires approval from the Government of Bangladesh to develop the Project. GCM requires approval from the Government of Bangladesh to develop the Project. The Company has a strategy of linking the Company's mine proposal to supplying coal to the Government of Bangladesh's existing and in the pipeline coal-fired power plants and / or power plants implemented with its development partner. Together with its credible, internationally recognised strategic development partner, GCM aims to deliver a practical power solution to provide the cheapest coal-fired electricity in the country, in a manner amenable to the Government of Bangladesh.

 

 

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