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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gunsynd Plc | LSE:GUN | London | Ordinary Share | GB00BMD6PM55 | ORD 0.085P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.12 | 0.11 | 0.13 | 0.12 | 0.12 | 0.12 | 6,500,000 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Investment Advice | 149k | -1.71M | -0.0031 | -0.39 | 665.76k |
From Apr 2019 to Apr 2024
TIDMGUN
RNS Number : 5695V
Gunsynd PLC
04 December 2019
Gunsynd plc
("Gunsynd" or the "Company")
Solomon Islands Investment
Gunsynd Plc (AIM: GUN, NEX: GUN) announces it has purchased for GBP45,000 a 7.67% stake in Kolosori Nickel Limited which owns 80% of the nickel prospecting licence PL05/19 over Kolosori Prospect, Isabel Province ("Licence") in the Solomon Islands. Gunsynd has also been granted a 90 day option to purchase another 22.33% of Kolosori Nickel Limited for GBP135,000.
Under the purchase and option agreement ("Purchase and Option Agreement") Gunsynd will hold certain rights such as board representation, appointed as representative in connection with any listing and / or offtake agreement, rights to manage the assets and pre-emptive rights on all new share issues.
The parties to the Purchase and Option Agreement will also use best endeavours to enter into an agreement between all holders of the Licence.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
The directors of Gunsynd accept responsibility for this announcement.
For further information please contact:
Gunsynd plc Hamish Harris +44 20 7440 0640 Cairn Financial Advisers LLP James Caithie / Liam Murray +44 20 7213 0880 Peterhouse Corporate Finance Lucy Williams
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 rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
December 04, 2019 02:00 ET (07:00 GMT)
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