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GCM Resources PLC Ord 10P (GCM)

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22-Mar-2021 01:20 PM

GCM Resources suffers significant 6 month loss

Energy and mining firm GCM Resources incurred a loss after tax of £1,091,000 for the six months up to 31st December, the company said in a statement to shareholders, putting the long-term feasibility of the company in jeopardy. In his statement Moh
22-Jan-2021 01:23 PM

GCM Resources appoints COO to board

GCM Resources appointed COO Gary Lye to its board as executive director with immediate effect. Lye is also CEO of GCM's subsidiary, Asia Energy Corporation. A qualified geologist and geotechnical, Lye has over 45 years' international experienc
12-Dec-2017 01:27 PM

All resolutions passed at AGM of GCM Resources

GCM Resources has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:27pm: (LON:GCM) GCM Resources PLC share price was +0.13p at 26.63p Story provided by StockMarketWire.com...
20-Nov-2017 08:30 AM

GCM operating losses narrow

GCM Resources posts an operating loss of £707,000 for the year to the end of June - down from £974,000 last time. Pre-tax losses were £1,006,000 compared with £1,043,000 in 2016. Executive chairman Datuk Michael Tang PJN said: &a
20-Nov-2017 07:14 AM

GCM raises £2m via Primary Bid

GCM Resources has successfully raised £2m via PrimaryBid through an institutionally underwritten offer at 34.4p per new ordinary share. The company said it would issue and allot a total of 5,813,953 new ordinary shares to satisfy the offer. Exe
27-Jun-2017 02:23 PM

GCM issues shares

GCM Resources has announced that the Company has now issued and allotted 10,501,932 ordinary shares to settle the convertible loan facility as previously disclosed on 20 June 2017. At 2:23pm: (LON:GCM) GCM Resources PLC share price was 0p at 32p St
23-Mar-2017 01:02 PM

GCM losses fall

GCM Resources has reported a loss after tax of £399,000 for the six months ended 31 December 2016 (31 December 2015: loss after tax of £640,000). The Company said the reduction in the loss was primarily due to a large reduction in share based
17-Nov-2016 02:30 PM

GCM pre-tax loss widens

GCM Resources posts a pre-tax loss of £1,043,000 for the year to the end of June compared with £937,000 in 2015. Executive chairman Datuk Michael Tang said: "Although the mining sector has continued to face significant challenges over t
27-Sep-2016 03:23 PM

GCM updates on press speculation

GCM Resources has provided further information over the press speculation announcement on 23 September. The company's investigation has found that press speculation in the Bangladesh media of an alleged decision by the government of Bangladesh on th
24-Nov-2015 02:18 PM

GCM Resources losses narrow

GCM Resources posts a pre-tax loss of £937,000 for the year to the end of June - down from £1.3m last time. The group said project related expenditure was kept to a minimum - £0.6m against £0.8m last time. Executive chairman Michael Tang said the
30-Sep-2015 12:25 PM

New director at GCM Resources

GCM Resources, a London based resource exploration and development company, has announced the appointment of Nik Raof Ibrahim Daud as a non-executive director. Mr Daud has more than 30 years' experience in both technical and corporate roles at senio
29-May-2015 04:21 PM

GCM Resources in £3m convertible loan agreement

GCM Resources has entered in to a convertible loan agreement with Revenue Anchor Sdn Bhd, a Malaysian-based investor. The loan is a two year unsecured financing facility of £3m with no interest payable. At 4:21pm: (LON:GCM) GCM Resources PLC share pric
27-Feb-2015 10:34 AM

Further losses at GCM Resources

GCM Resources (LON:GCM), a resource exploration and development company, has recorded a loss after tax of £461,000 for the period ended 31 December 2014 (31 December 2013: loss of £518,000). It said that the Bangladesh Government has continued to pursu
09-Dec-2014 01:04 PM

GCM Resourtces AGM Results

GCM Resources (AIM:GCM), a resource exploration and development company, has reported that at the annual general meeting held today, all of the ordinary and special resolutions as set out in the Notice of this meeting were duly passed on the show of hands
13-Nov-2014 01:12 PM

GCM Resources schedules AGM

GCM Resources will hold its annual general meeting at 4 Hamilton Place, London, W1J 7BQ, on 9 December at 11 a.m. At 1:12pm: (LON:GCM) GCM Resources PLC share price was -1.75p at 24p Story provided by StockMarketWire.com...
12-Nov-2014 04:14 PM

GCM Resources pre-tax losses narrow

GCM Resources posts a pre-tax loss of £1.3m for the year to the end of June - down from £2.7m in 2013. Operating losses narrowed to £1.3m from £1.8m. Executive chairman Michael Tang said: "During the last 12 months, Bangladesh has gone through
20-Jun-2014 09:13 AM

GCM gives update on OECD examination

GCM Resources says it looks forward to a successful and early conclusion to the OECD examination announced by the company on 14 June 2013. GCM Resources has noted information disclosed in a publication by the OECD Watch in respect of the OECD examinati
24-Jan-2014 11:31 AM

Half year losses reduced at GCM Resources

GCM Resources (LON:GCM), a resource exploration and development company, recorded a loss after tax of £518,000 for the six months ended 31 December 2013 (31 December 2012: loss of £2,172,000). The company says that the Bangladesh Government has continu
05-Nov-2013 09:06 AM

GCM Resources schedules AGM

GCM Resources will hold its annual general meeting at 4 Hamilton Place, London, W1J 7BQ, on 4 December at 11 a.m. At 9:06am: (LON:GCM) GCM Resources PLC share price was 0p at 18.25p Story provided by StockMarketWire.com...
31-Oct-2013 02:35 PM

GCM operating losses narrow

GCM Resources' operating losses narrowed to £1.8m in the year to the end of June - down from £2.9m last time. But pre-tax losses rose to £2.7m from £1.2m after an exceptional loss of £864,000 compared with a gain of £258,000 in 2012. Executiv
21-Feb-2013 02:26 PM

GCM in advisory agreement with Mettiz Capital

London-based resource exploration and development company GCM Resources has entered into an advisory agreement with Mettiz Capital. Mettiz Capital is a Malaysian-based investment company with significant experience in infrastructure development in the As
08-Feb-2013 09:18 AM

GCM Resources removes director

GCM Resources - a London-based resource exploration and development company - has announced that William McIntosh has been removed as a director of the company and his employment terminated. At 9:18am: (LON:GCM) GCM Resources share price was +0.25p at
30-Jan-2013 12:39 PM

GCM director resigns

GCM Resources (LON:GCM), a London based resource exploration and development company, announces that Graham Taggart has stepped down as a Director effective today. Taggart has agreed to provide consulting services to the Company as required. Gerard
20-Dec-2012 02:55 PM

GCM Resources resolutions passed at AGM

GCM Resources has confirmed that all the ordinary and special resolutions proposed at the annual general meeting were duly passed. At 2:55pm: (LON:GCM) GCM Resources share price was -2p at 28.5p Story provided by StockMarketWire.com...
01-Feb-2012 08:57 AM

GCM Resources in the red with loss of £690,000

GCM Resources plunged into the red in the six months to the end of December posting an after-tax loss of £690,000 against a profit of £3.3m last time. GCM says the Phulbari coal project remains the company's key opportunity and it continue to purs
 
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