4 April 2024
Gunsynd plc
("Gunsynd" or the "Company")
Disposal of Shares in Investee Companies
Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has disposed of holdings in some of its investee companies being Charger Metals NL ("Charger") (ASX: CHR); Pacific Nickel Mines Limited ("Pacific Nickel") (ASX: PNM); and Rincon Resources Limited (" Rincon") (ASX: RCR) which are set out below:
| Investee company | Number of shares sold | Average price per share (approximately) | Total proceeds* | Resultant shareholding | Approximate resultant shareholding % |
| Charger | 447,458 | AUD$0.14 | AUD$61,833 (approximately £32,040) | 852,542 | 1.1% |
| Pacific Nickel | 1,783,002 | AUD$0.08 | AUD$143,441 (approximately £74,320) | 996,838 | 0.2% |
| Rincon | 7,065,812 | AUD$0.04 | AUD$248,361 (approximately £128,685) | 4,000,000 | 1.8% |
*GBP figures based on exchange rate at market close 2 April 2024
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of 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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