GCM Resources plc is a London-based resource development company with a wholly owned subsidiary operating in Bangladesh and investments in South Africa. The company's shares are quoted on the Alternative Investment Market (AIM). (Ticker code: GCM)
The Company (GCM) under its former name, Asia Energy plc, was incorporated in England and Wales as a public limited company on 26 September 2003. Asia Energy PLC was admitted to the Alternative Investment Market (AIM) of the London Stock Exchange on 19 April 2004. Through seed capital raising and the subsequent placement of shares, some £14 million was raised.
In November 2005, following submission to the Government of Bangladesh of the Phulbari Coal Project’s Feasibility Study and Scheme of Development, the Company placed an additional 6,740,000 shares and raised a further US$ 52 million.
GCM Resources plc actively reviews investment opportunities in order to broaden its global investment portfolio.
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GCM Resources plc trades on the London Stock Exchange Alternative Investment Market.
Ticker code : GCM
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GCM AND AURA LOCATES URANIUM MINERALISATION IN ITS NEWLY AWARDED LICENCES IN MAURITANIA
07.05.08
GCM Resources plc (‘GCM or the Company’) (AIM: GCM), in alliance with Aura Energy Limited (‘Aura’) (ASX: AEE), is pleased to announce that it has been granted three uranium exploration licence areas in Mauritania. The licences cover 3600 km2 in Mauritania which is known for uranium mineralisation and multiple radiometric uranium anomalies.
GCM appoints Mr Neil Herbert as Non-Executive Director
11.03.08
GCM Resources plc announced today that Mr Neil Herbert will be joining the Board as a Non-Executive Director with effect from the 11 of March 2008.
