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.