Gunsynd PLC Update on Black Schist Projects
May 02 2024 - 12:30PM
RNS Regulatory News
RNS Number : 0726N
Gunsynd PLC
02 May 2024
Gunsynd PLC
("Gunsynd" or the
"Company")
Update on Conditional Farm-in to Black
Schist Projects in Finland
Gunsynd Plc (AIM: GUN, AQSE: GUN) notes the
announcement by Metals One Plc in relation to the second
stage payment from the Company pursuant to the subscription and
shareholders agreement (the "Farm-in Agreement") between Metals
One, Metals One Finland Oy (formerly named FinnAust Mining Northern
Oy) and the Company, as detailed in Metals One admission document,
is now due. Discussions regarding various options in relation to
the Farm-in Agreement are ongoing and the Company will make a
further announcement once these are concluded.
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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END
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