– UK, London – GCM Resources plc (LON: GCM), an AIM quoted mining and energy company, announced the appointments of Paul Shackleton and Charlie Green to its Board as Independent Non-Executive Directors with immediate effect.
Paul Shackleton will serve as acting Chairman.
About Paul Shackleton
Paul Shackleton is an experienced London-based corporate finance adviser and broker who, since 1996, has specialized in both domestic and international AIM traded companies, including advising companies in the role of Nominated Adviser. He brings a wealth of knowledge and experience, particularly in transactions, fundraising, Corporate Governance, and Regulation. He is currently a Non-Executive Director of Rurelec Plc.
About Charlie Green
Charlie Green is a chartered accountant and member of ICAEW (Institute of Chartered Accountants in England and Wales). Over his 47-year career, he has held senior positions in auditing and accounting, financial services within merchant banking, and corporate recruitment services (headhunting). He is currently the Director of the corporate headhunting firm Emmet Green Associates Ltd.
After graduating in accountancy, he spent 12 years in an auditing role with Peat Marwick Mitchel & Co (now KPMG) and Reuters plc. He then 10 years in investment banking taking senior financial services roles with Morgan Grenfell & Co Ltd, Merrill Lynch & Co, and Credit Suisse First Boston.
His move into the recruitment industry began with Austin Knight UK Ltd. (and TMP after it took over Austin Knight) and Odgers. After 3 years as a financial consultant in Corporate Finance, he moved back into corporate headhunting and where he has been Director of Emmet Green Associates Ltd for the past 25 years.
About GCM Resources
GCM Resources plc is a mining and energy company and has identified a high-quality coal resource of 572 million tonnes (JORC 2004 compliant) at the Phulbari Coal and Power Project in north-west Bangladesh.
Utilising the latest highly energy-efficient power-generating technology the Phulbari coal mine can support some 6,600MW. The Project site can also support over 2,000MW of Solar Power capacity throughout the Project life span. GCM requires approval from the Government of Bangladesh to develop the Project. GCM requires approval from the Government of Bangladesh to develop the Project. The Company has a strategy of linking the Company’s mine proposal to supplying coal to the Government of Bangladesh’s existing and in-the-pipeline coal-fired power plants and/or power plants implemented with its development partner. Together with its credible, internationally recognized strategic development partner, GCM aims to deliver a practical power solution to provide the cheapest coal-fired electricity in the country, in a manner amenable to the Government of Bangladesh.
For more information: https://www.gcmplc.com/
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