Statement re Share Issue

RNS Number : 5389M

GCM Resources PLC

27 August 2013

 

27^th 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 28^th August 2013.

For further information:

GCM Resources plc James Hobson CFO & Company Secretary  [phone]	Pelham Bell Pottinger Lorna Spears / Joanna Boon [phone]
ZAI Corporate Finance Ltd Nominated Adviser and Broker Tom Price, Steve Feng [phone]

GCM Resources plc
Tel: [phone], Fax: [phone]
[e-mail]; www.gcmplc.com

 

END

 

 

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