By Jaime Llinares Taboada

Shares in GCM Resources PLC rose Friday after the company said it has extended its joint-venture agreements with Power Construction Corp. of China Ltd., also known as PowerChina, for two years, to March 2024.

GCM has a project to build a coal mine in the northwest of Bangladesh.

Shares in the London-listed company at 1511 GMT were up 8.7% at 5.65 pence.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

March 11, 2022 10:31 ET (15:31 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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