GCM Resources appoints Keith Fulton to its Board as Finance Director alongside Najib Abdul Aziz as new Non-Executive Director

– UK, London –  GCM Resources plc (LON: GCM), a mining and energy company, today announced the resignation of James Hobson from his position as Finance Director and Company Secretary, with immediate effect.

The Board would like to take this opportunity to thank James for his services over the past thirteen years and to wish him well in his new role.

Consequently, the Company announced today the appointment to its Board of Directors, , with immediate effect, of Keith Fulton as Finance Director and Company Secretary, and Mohd Najib Bin Abdul Aziz as Non-Executive Director.

About Keith Fulton

Mr Fulton has over 25 years accounting and finance experience and has been a partner at the audit firm Chapman Davis for the past thirteen years. He began his career at Badger Hakim, where he qualified as a Chartered Accountant, following which he held various financial advisory and leadership positions at a number of corporates, including Finance Director at IDG UK Holdings Ltd. Keith is a member of the Institute of Chartered Accountants in England and Wales.

About Najib Abdul Aziz

Mr Abdul Aziz has 25 years corporate and finance experience in a number of industries, including property, construction and manufacturing. He began his career at KPMG in Perth and later worked at Arthur Andersen & Co. in Kuala Lumpur. Najib has significant experience in both Executive and Non-Executive Director roles in Malaysia. In addition to his current executive roles at Corporate-Pacific Holdings Sdn Bhd and Pentas Flora Environmental Services Sdn Bhd, he is also an Independent Non-Executive Director of Bina Puri Holdings Bhd and Tropicana Corporation Bhd, the latter where he is also the Chairman of the Audit Committee. Najib is a member of the Malaysian Institute of Accountants and a member of Chartered Accountants Australia and New Zealand.

About GCM Resources

GCM Resources plc, 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.

For more information: http://www.gcmplc.com

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