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Global Coal Management Plc
LSE GCM.L 4.50 GBX 69.81%
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Director Appointment

On November 18 2016

18 November 2016

GCM Resources plc

('GCM' or the 'Company')

(AIM:GCM)

Director Appointment

GCM Resources plc ('GCM' or the 'Company'), a London based resource exploration and development company, is pleased to announce the appointment of Mr James Graham Hobson to the Board of Directors as Finance Director with immediate effect.

James has been CFO and Company Secretary of GCM for almost five years having been with the Company since 2006. He has 17 years finance and accounting experience, predominantly in mining and international development, and is a Fellow of the Institute of Chartered Accountants in Australia.

Datuk Michael Tang PJN, Executive Chairman, commented: 'I am delighted to welcome James Hobson to the Board of the Company. I am confident that the combination of James's financial background and knowledge of GCM's business will enhance and strengthen the Board.'

Additional information

The information detailed below is disclosed in accordance with Rule 17 and Schedule Two (g) of the AIM Rules. Except for the information disclosed below, there is no other information which falls to be disclosed under these rules.

The Directorships and past Directorships of Mr James Hobson (aged 38) are listed below:

Current Directorships and Partnerships

Past Directorships and Partnerships in the last five years

Asia Energy Corporation Pty Limited

China Coal Limited

Asia Energy Corporation (Bangladesh) Pty Limited

Cinco Consulting Limited

Asia Energy (Bangladesh) Pvt Ltd

GCM Resources Singapore Pte Ltd

South African Coal Limited

Mr James Hobson holds 425,000 options, 12,500 conditional bonus shares and 200 ordinary shares in respect of GCM Resources plc.

For further information:

GCM Resources plc

Datuk Michael Tang PJN

Executive Chairman

+44 (0) 20 7290 1630

Bell Pottinger

Lorna Cobbett

+44 (0) 20 3772 2500

ZAI Corporate Finance Ltd

Nominated Adviser and Broker

John Treacy, Peter Trevelyan-Clark

+44 (0) 20 7060 2220

GCM Resources plc

Tel: +44 (0) 20 7290 1630

[email protected]; www.gcmplc.com

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