GCM Resources Plc announced that in regard to the request of further drawdown of £300,000 of to the Loan Facility with Polo Resources Ltd. ("Polo") as announced on 26 March 2021 and as amended and announced on 3 March 2022, the Companyupdates it is still awaiting receipt of the drawdown funds, and will confirm via a further announcement on receipt of the funds. The Company on receipt of this further drawdown will have then utilised the full £3.5 million of the £3.5 million facility. Funds from this current drawdownare required by the end of December 2023 to provide the company with working capital into the new year.
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5-day change | 1st Jan Change | ||
5.35 GBX | -6.96% | -6.96% | +101.89% |
16/04 | GCM Resources raises GBP2.0 million via direct subscription | AN |
16/04 | GCM Resources Raises GBP2 Million to Advance Coal, Power Project in Bangladesh | MT |
1st Jan change | Capi. | |
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+101.89% | 20.13M | |
+33.83% | 107B | |
-5.15% | 39.31B | |
+24.55% | 34.56B | |
+16.04% | 33.02B | |
+25.61% | 21.41B | |
+21.27% | 19.84B | |
-1.78% | 8.92B | |
+8.81% | 8.43B | |
+10.76% | 6.96B |
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