GCM Resources plc

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GCM appoints Mr Neil Herbert as Non-Executive Director

11.03.08

GCM Resources plc (‘GCM’) announced today that Mr Neil Herbert will be joining the Board as a Non-Executive Director with effect from the 11 of March 2008.

Neil Herbert (aged 41), was Finance Director of Uramin Inc. from July 2005 until its acquisition by Areva in August 2007. He previously held the position of Finance Director at Galahad Gold PLC, International Molybdenum PLC, Kalahari Diamond Resources PLC and HPD Exploration PLC. Neil Herbert was also Chief Financial Officer of Argentinean gold explorer Brancote Holdings PLC until its acquisition by Meridian Gold Inc in 2002 and was Group Financial Controller of Antofagasta PLC when the Los Pelambres and El Tesoro copper mines were brought to production. Before joining the mining sector Neil Herbert worked for PricewaterhouseCoopers. He is a fellow of the Association of Chartered Certified Accountants. Neil Herbert currently serves as a Non-Executive Director of Templar Minerals Limited and Sunrise Diamonds Plc.

Steve Bywater, GCM’s Chief Executive said:

“We are delighted to have a person with Neil Herbert’s credentials and experience in mining join the Company and welcome him to the Board of GCM.”

Additional information

The information detailed below is disclosed in accordance with Rule 17 and Schedule Two of the AIM Rules. Except for the information disclosed below, there is no other information which falls to be disclosed under these rules.

Listing of Mr Herbert’s Directorships and past Directorships is below:

Director

Current Directorships

Past Directorships

Neil Lindsey Herbert

Vitorian Properties Limited

International Molybdenum PLC

 

Goldencrest Enterprises Limited

Kalahari Diamond Resources PLC

 

Haro Mercantile Inc

Ludgate 341 Limited

 

Sunrise Diamonds PLC

Ludgate 347 Limited

 

Templar Georgia Limited

Patagonia Gold PLC (formerly called HPD Exploration PLC)

 

Templar Minerals Limited

Sekaka Diamonds (pty) Ltd

 

 

Shambhala Gold PLC

 

 

Uramin UK Limited

 

 

Uramin Chad Limited

 

 

Uramin CAR Limited

 

 

Uramin Exploration Limited

 

 

Galahad Gold PLC

 

 

Galahad Minerals Limited

 

 

Galahad Mining Limited

 

 

Galahad Resources Limited

 

 

Galahad Uranium Limited

 

 

HPD Mining Limited

 

 

Uramin Inc

 

 

Niger Uranium Limited

For Further Information:

GCM Resources plc:                                                                          Pelham Public Relations:

Steve Bywater                                                                                      Charles Vivian

Chief Executive                                                                                     Ph: +44 (0)207 743 6672

Ph: +44 (0)207 290 1630                                                                       Email: charles.vivian@pelhampr.com

 

Graham Taggart                                                                                    Klara Kaczmarek

Finance Director                                                                                   Ph: +44 (0)203 159 4395

Ph: +44 (0)207 290 1630                                                                       Email: klara.kaczmarek@pelhampr.com

 JP Morgan Cazenove

Nominated Advisor

Michael Wentworth-Stanley

Ph: +44 (0)207 588 2828

Charlotte Keenan

Ph: +44 (0)207 588 2828    

 

March 2008

February 2008

January 2008