20 March 2020

GCM Resources plc

('GCM' or the 'Company')

(AIM:GCM)

Results of the Annual General Meeting

GCM Resources plc, an AIM quoted mining and energy company, reports that at the annual general meeting, held today, all of the ordinary and special resolutions, as set out in the notice of meeting, were passed on a show of hands and no polls were taken.

For further information:

GCM Resources plc

Keith Fulton

Finance Director

+44 (0) 20 7290 1630

Strand Hanson Limited

Nominated Adviser and Broker

Stuart Faulkner

Rory Murphy

James Dance

+44 (0) 20 7409 3494

GCM Resources plc

Tel: +44 (0) 20 7290 1630

info@gcmplc.com;www.gcmplc.com

About GCM Resources

GCM Resources plc (LON:GCM), the AIM listed 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 is capable of supporting power plants of up to 6,000MW. GCM is awaiting approval from the Government of Bangladesh to develop the Project. The Company has a strategy of combining the Company's mine proposal with up to 6,000MW of power generation, together with credible, internationally recognised strategic partners. GCM aims to deliver a practical power solution to provide the cheapest electricity in the country, in a manner amenable to the Government of Bangladesh.

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GCM Resources plc published this content on 20 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 March 2020 10:32:08 UTC