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GCM RESOURCES PLC

Regulatory Filings Feb 1, 2013

7663_rns_2013-02-01_58f8e703-7ed2-4ddd-bcea-5c7059d9a766.html

Regulatory Filings

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National Storage Mechanism | Additional information

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RNS Number : 8731W

GCM Resources PLC

01 February 2013

1st February 2013

GCM Resources plc

(the "Company" or "GCM Resources")

(AIM:GCM)

Sale of investment

GCM Resources plc ("GCM" or the "Company"), a London based resource exploration and development company, announces that its investment in Polo Resources Limited was sold yesterday.

The 74.8 million shares held in Polo Resources representing 2.7% were sold as one block to a Malaysian based investor, realising £1.9m. GCM has made a total return including dividends amounting to £2.8 million on its original investment.

For further information:

GCM Resources plc

Gerard Holden

Non-Executive Chairman

 +44 (0) 20 7290 1630
Pelham Bell Pottinger

Lorna Spears / Joanna Boon

+44 (0) 20 7861 3232
J.P. Morgan Cazenove

Nominated Adviser

Michael Wentworth-Stanley

+44 (0) 20 7588 2828
Investec Investment Banking

Chris Sim

+44 (0) 20 7071 4300
GCM Resources plc
Tel: +44 (0) 20 7290 1630, Fax: +44 (0) 20 7290 1631
[email protected]; www.gcmplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

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