Gunsynd Share Price (GUN)

Buy
Sell
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 Shares Traded Last Trade
  -0.025 -1.39% 1.775 1,754,198 16:29:51
Bid Price Offer Price High Price Low Price Open Price
1.75 1.80 1.80 1.775 1.80
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial -0.99 -1.06 7
Last Trade Time Trade Type Trade Size Trade Price Currency
16:29:43 O 500,000 1.715 GBX
Related Shares
London Stock Exchange (LSEG), London Stock Exchange (LSE), Eight Peaks (8PG), Amphion Innovations (AMP)

Gunsynd (GUN) Latest News (1)

Gunsynd News

Date Time Source Headline
03/3/202114:26UKREGGunsynd PLC Result of AGM
26/2/202114:25ALNCIN BRIEF: Pires Investments And Gunsynd Make Investments In Low6
26/2/202107:00UKREGGunsynd PLC Additional Investment - Low6
15/2/202115:57UKREGGunsynd PLC Exercise of Warrants
15/2/202110:45ALNCGunsynd, Pires Say Low6 Set For Investment From Major Gambling Firm
15/2/202107:00UKREGGunsynd PLC Low6 Update
11/2/202108:43UKREGGunsynd PLC Holding(s) in Company
10/2/202116:49ALNCIN BRIEF: Gunsynd Sells Shares In Angold Resources For CAD290,000
10/2/202111:08UKREGGunsynd PLC Disposal of Shares in Angold Resources Limited
04/2/202115:37UKREGGunsynd PLC Notice of AGM
More Gunsynd News
Gunsynd Investors    Gunsynd Takeover Rumours

Gunsynd (GUN) Discussions and Chat

Gunsynd Forums and Chat

Date Time Title Posts
03/3/202100:18GUN Smoking hot and ready for the off4,116
24/1/202119:13GUNSYND3
17/12/202020:46POLL: DO YOU THINK JOHN GUNN IS OUT OF ORDER DELISTING OCTAGONAL??5
30/10/201218:11AND THE GOONERS GO MARCHING ON.................4,359
17/4/200308:59DIRTY ARSENAL88

Add a New Thread

Gunsynd (GUN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-03-03 17:29:441.72500,0008,575.00O
2021-03-03 16:24:021.71324,3245,545.94O
2021-03-03 15:56:321.75102,8481,799.84O
2021-03-03 15:14:391.813,93671.32O
2021-03-03 15:02:471.8140,884740.00O
View all Gunsynd trades in real-time

Gunsynd (GUN) Top Chat Posts

DateSubject
03/3/2021
08:20		Gunsynd Daily Update: Gunsynd Plc is listed in the General Financial sector of the London Stock Exchange with ticker GUN. The last closing price for Gunsynd was 1.80p.
Gunsynd Plc has a 4 week average price of 1.75p and a 12 week average price of 1.63p.
The 1 year high share price is 93.50p while the 1 year low share price is currently 0.38p.
There are currently 386,341,400 shares in issue and the average daily traded volume is 2,895,983 shares. The market capitalisation of Gunsynd Plc is £6,857,559.85.
Read Full Thread
Reply
10/2/2021
11:18		ragnarr: Gunsynd PLC Disposal of Shares in Angold Resources LimitedSource: UK Regulatory (RNS & others)TIDMGUNRNS Number : 6294OGunsynd PLC10 February 2021Gunsynd plc("Gunsynd" or the "Company")Disposal of Shares in Angold Resources LimitedGunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has disposed of 712,500 shares in Angold Resources Ltd. (formerly, ZTR Acquisition Corp) ("Angold") (TSXV: AAU).The disposal was executed via the sale of 712,500 shares on the market at an average price per share of C$0.41 for proceeds of approximately C$290,000 (approximately GBP163,000) after costs.Following this disposal, Gunsynd no longer holds an interest in Angold.This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.The Directors of Gunsynd accept responsibility for this
Read Full Thread
Follow
Reply
20/1/2021
08:07		tomboyb: Gunsynd PLC Exploration Update - Eagle Mountain Mining 20/01/2021 8:00am UK Regulatory (RNS & others) Gunsynd (LSE:GUN) Intraday Stock Chart Wednesday 20 January 2021 Click Here for more Gunsynd Charts. TIDMGUN RNS Number : 2930M Gunsynd PLC 20 January 2021 Gunsynd plc ("Gunsynd" or the "Company") Exploration Update - Eagle Mountain Mining Gunsynd Plc (AIM: GUN, AQSE: GUN) is pleased to announce an update on the current exploration programme from Eagle Mountain Mining Limited ("Eagle Mountain"), one of Gunsynd's investee companies, an ASX listed copper-gold exploration and development company (ASX: EM2). Eagle Mountain has announced drilling results from its 2020 drilling programme at its 80% owned Oracle Ridge Mine Project ("Oracle Ridge") in Arizona, USA. Assay results have been received from holes WT-20-12, WT-20-13, WT-20-14 and WT-20-15. Latest drilling results include: -- 6.1m at 4.24% Cu, 36.16g/t Ag and 0.36g/t Au from 188.0m in drillhole WT-20-15 -- Other significant assay results include: o 2.0m at 2.45% Cu, 14.9g/t Ag and 0.42g/t Au from 228.7m in WT-20-12 o 2.0m at 2.35% Cu, 17.1g/t Ag and 0.29g/t Au from 262.0m in WT-20-12 o 6.0m at 1.4% Cu, 12.26g/t Ag and 0.17g/t Au from 274.0m in WT-20-12 o 7.3m at 1.45% Cu, 11.59g/t Ag and 0.18g/t Au from 250.6m in WT-20-14 Eagle Mountain has recently commenced its 2021 drilling programme having completed the first drill hole of 2021 with the second drill hole underway. Eagle Mountain has informed the market that zones of mineralisation continue to be logged in the 2021 drill core outside the existing Mineral Resource Estimate. 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: "These drill results from the exploration program me completed in 2020 at Oracle Ridge have demonstrated good grade and width; pleasingly these results sit outside the current resource. We continue to be encouraged by the potential at Oracle Ridge and look forward to ongoing exploration following the commencement of the 2021 drilling programme commenced earlier this month." 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 +44 (0) 78 7958 4153 Cairn Financial Advisers LLP James Caithie / Liam Murray / Mark Rogers +44 (0) 20 7213 0880 Peterhouse Capital Limited Lucy Williams +44 (0) 20 7469 0936 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. 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
Read Full Thread
Follow
Reply
13/1/2021
12:04		bahiflyer: All good stuff and interesting as digging holes in the ground is, the most exciting and potentially rewrding of GUN's portfolio of investments has to be Rogue Baron. Anyone who has invested here purely on the mining and exploration aspect for a short term gain would do well to check out the recent quarterly updates which are summarised below... Human Brands International ("Human Brands") and Rogue Baron Limited ("Rogue Baron") The Company announced an update on 2 July 2020 regarding Human Brands, a US-based premium spirits company in which Gunsynd held a convertible loan note. Share exchange agreement Human Brands had entered into a share exchange agreement with Rogue Baron to sell the following subsidiaries: Shinju Whiskey LLC; Shinju Spirits Inc; Mazeray Corporation; STI Signature Spirits Group LLC and Legacy Retail Group LLC. These subsidiaries hold the Shinju, Mazeray and Copa Imperial Brands as well as a 52% interest in Bin 1301 wine bar in Washington DC. The consideration for the sale was 36,247,500 ordinary shares in Rogue Baron at a price of 7.8 pence per ordinary share. Deed of Novation A deed of novation was entered into which transferred Gunsynd's convertible loan note from Human Brands to Rogue Baron. It will accrue interest at 12% per annum, be unsecured and repayable on 31 March 2021. Gunsynd increased the Loan Note by a further GBP120,000 and the loan note is currently approximately GBP500,000 and can be converted at any time at the election of Gunsynd into ordinary shares of Rogue Baron at a price per share determined by dividing GBP 1,616,304 (representing the agreed valuation of the ordinary share capital of Rogue Baron) by the total number of ordinary shares in Rogue Baron in issue immediately prior to conversion. Under the novation, various future capital raising fees payable to Gunsynd have also been transferred to Rogue Baron. In spite of the many challenges COVID-19 has presented in 2020, Rogue Baron's flagship brand, Shinju Japanese Whisky ("Shinju"), continues to grow at a rapid pace despite the unprecedented headwinds facing the hospitality sector in particular. Shinju, which was launched at the end of 2018, sold circa 1,000 cases in 2019. In the first half of 2020, even with customer accounts shut down for nearly two months, sales of Shinju were up 57% on the same period in the prior year. Shortly after customer accounts began reopening, Rogue Baron sold through its entire remaining stock of circa 250 cases in a matter of weeks. Even with COVID-19 related lockdowns, Rogue Baron had, by the end of September, sold the same number of cases as in the whole of 2019. This was despite on-premises sales being decimated across the USA and not being totally offset by a rise in off-premises sales. Industry issues were not just limited to sales: bottlers and distillers also shut in many cases causing supply issues. These issues also affected Shinju. After completely selling out of Shinju by September, Rogue Baron's latest production run of one container (circa 1,000 cases of six bottles) was completed on 6 December 2020. We have been informed that pre-orders for this entire container have been made in the USA prior to the container arriving on American soil. Rogue Baron is now in the process of ordering additional bottles and placing another order with its distillery. This growth is happening despite many key states in the USA, such as California, being in a strict lockdown. Shinju had previously received a large boost in publicity by being mentioned in the industry magazine www.liquor.com article "The 10 best Japanese Whiskies to drink in 2020". To be mentioned alongside such well known and highly regarded brands as Yamazaki 12-year-old and Hakushu 12-year is a considerable achievement for a new brand with comparatively small sales to such behemoths from Suntory. https://www.liquor.com/best-japanese-whiskies-5078590 In November 2020, Rogue Baron hired Speakeasy Wine & Spirits ("Speakeasy"), which is a brand consultancy company with a speciality in helping specifically chosen brands expand distribution across the USA. Shinju was sold in six USA states in 2020; Washington DC, Maryland, New York, New Jersey, Florida, and California. Starting in Q1 2021, Shinju is expected to be selling into an additional six: Connecticut, Arizona, Texas, Illinois, Colorado, and Nevada, including some of the larger accounts in Las Vegas. These twelve states account for over 47% of the USA population. Rogue Baron has already had indicative interest via the Speakeasy distribution network (and not including its current distribution network) in between 400 and 600 cases of the subsequent container to be delivered in early 2021. Shinju has also just been added to two of the largest Direct-to-Consumer outlets in the USA, ReserveBar and Drizly, which will make Shinju available to consumers in 35 USA States. The relaxing of liquor regulations due to COVID-19 has now made Direct-to-Consumer liquor sales more popular than ever. Rabobank estimates that USA online alcohol sales reached USD 2.6bn in 2019, growing by 22% year on year. Shinju plans to take advantage of this growth. With respect to the tequila market, American basketball player Lebron James has become the latest star to join the agave spirits sector through an investment in Lobos 1707 Tequila and mezcal. Lobos 1707 Tequila Extra Añejo is priced at US$149.99 per 750ml. This gives an indication of the premium prices which can be charged for quality tequila. He joins the likes of Justin Timberlake, George Clooney, Chris North, P Diddy, AC/DC and Carlos Santana to have invested in or promoted products in the tequila and mezcal space. We believe this, alongside the strong growth in the tequila sub category in the last few years, bodes well for the future growth of the category and confirms that tequila is moving from a student shot drink to a premium (and even super premium) sipping drink. This trend is welcome given the intended launch of Rogue Baron's Copa Imperial extra anejo tequila in the second half of 2021. Peterhouse Capital has been appointed as corporate adviser and broker for the proposed admission to trading on the Aquis Stock Exchange Growth Market of Rogue Baron. The admission document is in the final stages of drafting and should be submitted by the end of next week to Aquis with admission to Aquis targeted for Q1 2021.
Read Full Thread
Follow
Reply
29/12/2020
10:23		ragnarr: The relevent bitGunsynd Plc (AIM:GUN) seeks to identify promising natural resources assets and companies with potential, and offer seed capital, convertible loans, straight equity, and IPO and reverse takeover management.The company has a growing set of international gold, nickel and copper interests, the most significant being a 28pc stake in Rincon Resources, a gold and base metals exploration company with rights to three prospective projects in Western Australia, the largest at South Telfer, a 50,000-hectare field a few miles south of the Newcrest Mining Limited Telfer mine which has produced 27 million ounces of gold over the past 45 years. Rincon is due to begin drilling at South Telfer subject to achieving final compliance with Australia's Native Title regulations.Another of Gunsynd's copper and gold interests, Eagle Mountain, is focused on the exploration and development of advanced and greenfield projects in Arizona. Eagle's Oracle Ridge and Silver Mountain Projects fall within the Laramide Arc that hosts the copper porphyry deposits mined by BHP, Rio Tinto, Freeport McMoRan and Hudbay. Eagle is working to begin a surface diamond drilling programme at Oracle Ridge by the end of the year.The company also has interests in gold and copper projects in Nevada and Chile, and moved into nickel exploration earlier this year when another company in which it has an interest, Malachite Resources Limited, acquired high grade nickel assets in the Solomon Islands with the potential for near term mining.Gunsynd has succeeded in maintaining a busy news flow through the pandemic, consolidating its investments in Rincon and Eagle Mountain, and adding new interests. Three fundraisings undertaken through June and July brought in £1,169,000, ensuring the company is funded to take advantage of an emerging green economy highly dependent on copper and nickel . With a share price that has hovered between 1p and 1.5p for the past year Gunsynd, named after the celebrated Australian racehorse of the 1970s, looks like a decent bet.
Read Full Thread
Follow
Reply
20/12/2020
19:48		avc0nway: (I am sure astute posters will check my arithmetic below for themselves, and courteous posters will post corrections). Four points:- A) I see from Rincon’s IPO prospectus:- hxxps://www.upcomingfloats.com.au/float/rincon-resources-ltd/ “This Prospectus is seeking to raise a minimum of $5,000,000 and a maximum of $6,000,000 via the issue of Shares at an issue price of $0.20 per Share under the Offer.” B) I see that the offer closed on 24 November (fully subscribed ??) C) I see from Gunysnd’s RNS Number : 1466J Gunsynd PLC 18 December 2020 “Further to our announcement on 9 December 2020, Rincon has today advised the Company that ASX approval has now been received for Rincon to list on the ASX commencing Monday 21 December 2020. Upon this listing, Rincon will have 51,336,754 shares in issue having raised A$6 million as part of its IPO. Gunsynd (LSE:GUN) will hold 8,461,943 shares in Rincon representing approximately 16.5%.” D GUN has a present market capitalisation of close to £10m. E At commencement of trading in Sydney tomorrow morning (10:00 am Sydney, 23:00h UK tonight) Rincon (ASX:RCR), at its IPO price of $0.20 (AUD) per share may have a market capitalisation of $10.26 million (circa £5.7m), giving Gunsynd’s (LSE:GUN) holding of 16.5 % a value of $1.64 million, or close to £1 million. Three questions:- 1. Is GUN’s 16.5% holding in Rincon (circa £1m) not already priced-in to GUN’s £10m market cap? 2. Are there good reasons for thinking that the market will value RCR shares above their issue price of $0.20 (a market cap of $10.26 m)? 3. How much above? avc
Read Full Thread
Follow
Reply
14/12/2020
10:37		argy4: Good to see PIRI also taking a similar stake. They have a good track record for pre-IPO investments. Surprised to see the reaction to the GUN share price.
Read Full Thread
Follow
Reply
07/12/2020
08:23		qs99: would be good to get an answer on what the GUN holding in Rincorn will be post IPO as I could only see c.9% in the docs, and on the valuation they are looking at, does that justify a much higher GUN share price? DYOR and thanks in advance
Read Full Thread
Follow
Reply
23/10/2020
08:18		tomboyb: Rns out - Gunsynd PLC New Investment - Empress Royalty Corp. 23/10/2020 9:13am UK Regulatory (RNS & others) Gunsynd (LSE:GUN) Intraday Stock Chart Friday 23 October 2020 Click Here for more Gunsynd Charts. TIDMGUN RNS Number : 0477D Gunsynd PLC 23 October 2020 Gunsynd plc ("Gunsynd" or the "Company") New Investment - Empress Royalty Corp. Gunsynd Plc (AIM: GUN, AQSE: GUN) is pleased to announce that it has invested C$250,000 (approximately GBP146,000) into precious metals royalty and streaming company Empress Royalty Corp ("Empress"). This investment further complements the Company's existing investments in the precious metals sector, adding new commodity exposure to silver. Empress is a precious metals royalty and streaming company focussed on the creation of financing solutions for mining companies. Empress has an existing portfolio of 13 gold royalties and is in the process of conducting due diligence for the acquisition of three near-term cash producing gold and silver investments. Empress has a strong shareholder base and collection of strategic partnerships; Endeavour Financial (19.9% shareholder) in London, Terra Capital (19.9% shareholder) in Australia and Accendo Banco, and affiliates (19.9% shareholder) in Mexico. This will allow Empress to not only access global investment opportunities but also brings significant mining finance expertise, deal structuring and access to capital markets. Empress is a Canadian reporting issuer, this current financing has raised C$8,000,000. Proceeds of the financing will fund three new investments; a gold and one silver royalty, a gold royalty and a silver streaming transaction, all of which are expected to be revenue generating within 12 months. The investment was executed on the following terms: Subscription for 1,000,000 ordinary shares at C$0.25 per share for a total consideration of C$250,000 (approximately GBP146,000). The investment is part of a fully subscribed C$8,000,000 capital raising supported by institutional and high net worth investors from both North America and Australia. Peter Ruse, a director of Gunsynd, commented: "We are very pleased to participate in this financing round for Empress Royalty Corp. We believe Empress offers an attractive entry point into the gold and silver royalty/streaming space which continues to be an attractive area in North American and European capital markets." 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:
Read Full Thread
Follow
Reply
14/10/2020
11:24		tomboyb: 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 +44 (0) 78 7958 4153 Cairn Financial Advisers LLP James Caithie / Liam Murray +44 (0) 20 7213 0880 Peterhouse Capital Limited Lucy Williams +44 (0) 20 7469 0936 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. 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
Read Full Thread
Follow
Reply
27/1/2020
15:43		tomboyb: Gunsynd PLC Human Brands Update 27/01/2020 3:35pm UK Regulatory (RNS & others) Gunsynd (LSE:GUN) Intraday Stock Chart Today : Monday 27 January 2020 Click Here for more Gunsynd Charts. TIDMGUN RNS Number : 0491B Gunsynd PLC 27 January 2020 Gunsynd plc ("Gunsynd" or the "Company") Human Brands Update Gunsynd Plc (AIM: GUN, NEX: GUN) is pleased to announce that following the expiry of the loan note announced by the Company on 18 December 2017 detailing a loan from Gunsynd to Human Brands Intl Inc ("Human Brands"), the parties have agreed to roll that loan note, along with other outstanding loan notes, into one new loan note (the "Loan Note") with a principal value of GBP378,575 (which includes principal and rolled up interest on the existing loan notes which will be cancelled) as follows: -- The Loan Note will accrue interest at 12% per annum; -- the repayment of the Loan Note is due on 20 January 2021 ("Repayment Date"). The payment at maturity will include the principal amount of the Loan Note plus all accrued interest; -- Gunsynd shall be entitled at any stage on or prior to the Repayment Date to convert all or any part of the Loan (and any outstanding interest thereon) into ordinary shares in the capital of Human Brands by serving a conversion notice on Human Brands. The conversion price will be determined by dividing GBP3,500,000 (representing the agreed pre-money valuation of the ordinary share capital of Human Brands) by the total number of ordinary shares in issue immediately prior to conversion. In recognition of the efforts of Gunsynd to assist with its proposed London Stock Exchange listing, Human Brands will, within 5 Business Days of each Fundraising Event (as defined below) which occurs in 2020, Human Brands shall issue ordinary shares to Gunsynd in order to ensure that: i. where the total amounts raised pursuant to Fundraising Events occurring in 2020 (Raised Funds) are equal to or less than US$350,000, Human Brands shall issue an aggregate number of Fee Shares equal to 1% of the entire issued share capital of Human Brands to Gunsynd as enlarged by the applicable Fundraising Event; ii. where the Raised Funds are greater than US$350,000 but equal to or less than US$500,000, Human Brands shall issue an aggregate number of Fee Shares equal to 2% of the entire issued share capital of Human Brands to Gunsynd as enlarged by the applicable Fundraising Event; and iii. where the Raised Funds are more than US$500,000, Human Brands shall issue an aggregate number of Fee Shares equal to 3% of the entire issued share capital of Human Brands to Gunsynd as enlarged by the applicable Fundraising Event. A Fundraising Event means either (i) a placing of Ordinary Shares carried out pursuant to an IPO of Human Brands on any recognised investment exchange or (ii) the raising of funds on a crowdfunding platform in the UK by Human Brands. Business Update Human Brands has received confirmation from a major US liquor retailer, that its submission for its Japanese Whisky, Shinju, has been approved. Total Wine & More ("Total") informed Human Brands that its corporate office has approved Shinju to start selling in selected stores immediately. This is a major step for Shinju as it will now be available to the public in one of the largest independent alcohol retailers in the United States. Total has over 200 stores across the country and achieves over $2B in sales nationwide. This will provide significant exposure for Shinju. The brand will start selling in Total's Florida, Massachusetts, Maryland and New York locations. These are the states where Human Brands currently has distribution for Shinju (in addition to Washington DC). As distribution expands into new states, Shinju will be added to Total's locations in those areas. Human Brands is in discussions with a number of parties with respect to raising funds, in particular to increase its marketing and distribution of Shinju both domestically and internationally, and to launch its Copa Imperial tequila brand. The audited accounts of Human Brands to December 31, 2018 show an increase in revenue of 41% in the year ended 31 December 2018 to $1.036m. Gross profit increased by 34% to the year to $0.648m. Net loss before non-cash items increased from ($231k) to ($418k). The accounts of Human Brands have now also been audited up to 30 June 2019. The results compared to the 6 months ended 30 June 2018 show an increase in revenue of 14% and an increase in gross profit of 29%. The redomiciling of Human Brands to the UK and renaming as Rogue Baron Limited is anticipated to take place within the next 2-4 weeks. A further announcement will be made when this is concluded. 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 +44 20 7469 0930
Read Full Thread
Follow
Reply
Gunsynd share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
LSE
GUN
Gunsynd
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210304 05:38:59