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GCM Resources plc announced on 13 December 2024 that all eight resolutions proposed at its Annual General Meeting were duly passed by shareholders. Votes in favour for the resolutions ranged from 96.68% to 97.38%.
| Date | 13 Dec 2024 |
| Time | 13:29:27 |
| Category | AGMs and other meetings |
| ID | 0850Q |
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
|
|
Allenby Capital Limited Nominated Adviser and Joint Broker John Depasquale / Vivek Bhardwaj
|
Tel: +44 (0)20 3328 5656
|
|
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.