17 January 2023
Gunsynd plc
("Gunsynd" or the "Company")
Partial disposal of shares in Investee companies
Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has partially disposed of holdings in some of its investee companies being Charger Metals NL ("Charger") (ASX: CHR); Pacific Nickel Mines Ltd ("Pacific Nickel") (ASX:PNM) and First Tin Plc ("First Tin") (LSE:1SN), which are set out below:
| Investee company | Number of shares sold | Average price per share (approximately) | Total proceeds* | Resultant shareholding | Approximate resultant shareholding % |
| Charger | 197,940 | AUD$0.58 | AUD$115,686 (approximately £65,964) | 2,977,060 | 4.8% |
| Pacific Nickel | 1,945,757 | AUD$0.07 | AUD$135,702 (approximately £77,377) | 2,779,840 | 0.7% |
| First Tin | 465,333 | £0.11 | £50,724 | 618,000 | 0.2% |
*GBP figures based on exchange rate at market close 16 January 2023
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
|
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