31 January 2022 Gunsynd plc

("Gunsynd" or the "Company")

Partial disposal of shares in Charger Metals Limited

Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has partially disposed of holdings in one of its investee companies Charger Metals Limited ("Charger") (ASX: CHR).

The disposal was executed via the sale of 600,000 shares on the market at an average price per share of approximately 82 cents AUD for proceeds of approximately AUD$493,000 (approximately £260,000) after costs. This fully recoups the total cash outlay of $480,000 invested by Gunsynd in Charger.

Following this disposal, Gunsynd continues to hold 3 million shares in Charger representing approximately 6%.

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/ 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

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Gunsynd plc published this content on 31 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2022 12:09:06 UTC.