Gunsynd Share Discussion Threads

[tomboyb] 16/10/2020 10:07

hxxps://www.share-talk.com/gunsynd-plc-gun-l-rincon-havieron-patersons-ranges/#gs.iu464i

Another read -

Westin Project because it’s not too far away (15km SW) from the gigantic new Havieron gold discovery (currently being drilled by Newcrest / Greatland Gold).

[tomboyb] 16/10/2020 09:27

Rincon IPO news will really get that ball rolling -

See presentation -

[tomboyb] 14/10/2020 13:28

It does look like a great investment -

Not even at Rincon yet but Eagle mountain looks pretty good -

Bass has upped his stake back to 40% and this is the guy would sold his last company for $1.4 billion -

[scotty666] 14/10/2020 13:08

Great investment and drill results expected soon. Almost 300% up on initial investment & 50% on this latest round in a matter of weeks !!

[tomboyb] 14/10/2020 12:24

Gunsynd PLC Additional Investment - Eagle Mountain Mining
14/10/2020 12:11pm
UK Regulatory (RNS & others)

Gunsynd (LSE:GUN)
Intraday Stock Chart

Wednesday 14 October 2020

Click Here for more Gunsynd Charts.
TIDMGUN

RNS Number : 0877C

Gunsynd PLC

14 October 2020

Gunsynd plc

("Gunsynd" or the "Company")

Additional Investment - Eagle Mountain Mining

Gunsynd Plc (AIM: GUN, AQSE: GUN) is pleased to announce that further to the announcement made on 21 September 2020, it has invested an additional A$125,000 (approximately GBP70,000) in Eagle Mountain Mining Limited ("Eagle Mountain"), an ASX listed copper-gold exploration and development company (ASX: EM2).

The Eagle Mountain investment was executed on the following terms:

-- subscription for 416,667 ordinary shares at A$0.30c for a total consideration of A$125,000;
-- the investment is a part of a of A$1.5 million capital raising supported by institutional investors;

-- Silver Mountain Nominee Pty Ltd, an entity associated with Eagle Mountain's Managing Director, Charles Bass, exercised 4.5 million options in Eagle Mountain, contributing A$1.35 million;

-- the funds will be used by Eagle Mountain to primarily extend the drilling program at the high-grade Oracle Ridge Copper Mine in Arizona and continue near mine exploration; and

-- Gunsynd PLC now holds 2,563,172 shares in Eagle Mountain representing approximately 1.8% of its issued share capital.

About Eagle Mountain Mining Limited

Eagle Mountain Mining Limited (ASX: EM2), established in 2017, is a copper-gold explorer focused on the strategic exploration and development of advanced and greenfield projects in Arizona.

Arizona is at the heart of America's mining industry and home to some of the world's largest copper discoveries, now owned by major mining companies including BHP, Rio Tinto, Freeport McMoRan and Hudbay. Eagle Mountain's Oracle Ridge and Silver Mountain Projects are within the Laramide Arc which hosts many of these significant copper porphyry deposits.

Oracle Ridge is a high grade, advanced stage underground copper/gold/silver project. The project includes an NI43-101 resource of 11.7mt at 1.57%Cu, 17.47g/t Ag and 0.18g/t Au. Eagle Mountain believes there is significant potential to expand the known resources through additional drilling, along with exploration at depth to define the source of the mineralisation.

Peter Ruse, a director of Gunsynd, commented: "Gunsynd was pleased to have opportunity to participate in the latest financing in Eagle Mountain. The company's drilling program is well progressed, and this additional capital allows the company to continue the drilling program on an expanded basis. The options exercise by the Founder and CEO - Charles Bass demonstrates a strong signal of support and is encouraging for all shareholders. We look forward to results from the drilling program in due course."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the Company's ability to execute and implement future plans, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.

The Directors of Gunsynd accept responsibility for this announcement.

For further information please contact:


Gunsynd plc
Hamish Harris/ Peter Ruse [phone]
Cairn Financial Advisers LLP
James Caithie / Liam Murray [phone]
Peterhouse Capital Limited
Lucy Williams [phone]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

FURGZMMGMDRGGZM

(END) Dow Jones Newswires

[tomboyb] 14/10/2020 12:22

RNS out -

Increase holding in Eagle mountain -

Eagle mountain run by charles Bass -

Charles Bass first Bonanza sold Eagle Mining in 1997 and his stake with 2 others sold for $31million -

Founder of Aquila Resources which was his big success and sold in 2014 for $1.4 Billion -

Now 3rd attempt with Eagle Mountain -

Very successful guy -

[whattheduce] 13/10/2020 21:59

Oh, somebody spill their beer

[kemche] 12/10/2020 17:36

This is huuuge news.

[escapetohome] 12/10/2020 15:40

No market reaction = supply available?

[whattheduce] 12/10/2020 14:42

No market reaction?

[qs99] 09/10/2020 16:11

Nice stepped rise

[escapetohome] 08/10/2020 10:40

I thought id take a small nibble at these.

Looks interesting.

[kemche] 07/10/2020 16:05

Large underhang appearing.

[tomboyb] 07/10/2020 15:57

Small overhang clearing -

[whattheduce] 07/10/2020 12:00

"Gunsynd was a favourite of Australian punters (and the scourge of many a turf accountant) due to being one of the finest greys to ever take the turf, with a tenacity when running that served to take the victory when other horses pulled up as beaten."

Oh, and I thought it meant Gun Syndicate and was borne out of shooting club. LOL.

[tomboyb] 06/10/2020 09:18

WSBN and GGP have been flying -

GUN news on Rincon -

[tomboyb] 06/10/2020 08:21

Below 1p -

[amunro] 05/10/2020 22:35

Zak Mir interview:

[argy4] 05/10/2020 11:53

I want to know what is happening with the drinks brands?

Ask the company

[whattheduce] 05/10/2020 11:36

I want to know what is happening with the drinks brands?

[tyranosaurus] 05/10/2020 09:50

Back under 1p again.

[qs99] 02/10/2020 11:16

one would like to think that the IPO will help unlock value depending on pricing & provide a better market value to GUN's stake. All to play for GLA

[amunro] 02/10/2020 09:43

Good day to buy imho. Recon we are in for 3 days of downside as the Trump story runs US side.