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Share Price: 0.155

Bid: 0.14

Ask: 0.17

Change: 0.025 (19.23%)

Spread: 0.03 (21.429%)

Open: 0.13

High: 0.16

Low: 0.13

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Gunsynd Disposes Of UK Oil & Gas Stake For Almost GBP450,000 (ALLISS)

Mon, 11th Mar 2019 09:32

LONDON (Alliance News) - Gunsynd PLC has sold its entire 0.6% stake in UK Oil & Gas PLC, the company said on Monday.

Natural resources investor Gunsynd has sold 31.2 million UKOG shares at a price of 1.405 pence each, for GBP437,966.

Gunsynd shares were up 5.0% on Monday at 0.023p, with UKOG shares down 1.0% at 1.24p.

Gunsynd was given most of that holding in UKOG last August, when it sold its 2% stake in Horse Hill to UKOG for GBP550,000. Of that, GBP50,000 was in cash and the rest in shares at 1.75p each.

UKOG has a number of UK assets, including the 'Gatwick Gusher' at Horse Hill.

UKOG holds 78% of Horse Hill Developments Ltd, which holds 65% of Horse Hill, after buying out both Gunsynd and Primorus Investments PLC.

More News

8 Nov 2022 12:55

Gunsynd upbeat on progress at investee Charger Metals

(Sharecast News) - Gunsynd announced a positive operational update from its ASX-listed investee company Charger Metals on Tuesday, which explores for lithium and base metals with a focus on Australia.

8 Nov 2022 12:22

Gunsynd shares surge on investee Charger Metals certificate approvals

(Alliance News) - Gunsynd PLC on Tuesday reported that its investee company, Charger Metals NL, announced a "positive operational update" after receiving certification for its Bynoe project.

8 Nov 2022 11:27

AIM WINNERS & LOSERS: Applied Graphene falls after cash runway caution

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

25 Oct 2022 14:53

TRADING UPDATES: Gunsynd invests; AQRU launches crypto-backed loans

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

14 Oct 2022 11:52

IN BRIEF: Gunsynd investee Pacific Nickel allots 15.6 million shares

Gunsynd PLC - London-based investment company focused on the natural resources, life sciences & alcohol sector - Investee company Pacific Nickel Mines Ltd allots 15.6 million shares at an issue price of AUD0.08. Says Pacific Nickel shares are for the acquisition of an 80% interest in the Kolosori Nickel Project. Gunsynd now holds 3.1 million shares of Pacific Nickel, representing around 1.1% of Pacific Nickel's issued share capital.

20 Sep 2022 20:50

TRADING UPDATES: Gaming Realms, Northcoders revenue up; Boku wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

15 Sep 2022 17:57

TRADING UPDATES: Supreme trades in line; Kinovo revenue up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

13 Sep 2022 13:44

TRADING UPDATES: Kavango wins new licence; Tlou progresses at Lesedi

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

21 Jun 2022 11:11

IN BRIEF: Gunsynd buys 25% stake in Metals One project in Finland

Gunsynd PLC - London-based investment company focused on the natural resources, life sciences & alcohol sector - Provides GBP1 million to battery metals mining investor Metals One PLC. Investment is for Metals One's Black Schist project close to the Talvivaara mine in Finland. Metals One's project is a nickel-zinc-copper-cobalt deposit.

15 Jun 2022 14:37

Glencore enters agreement with Gunsynd's investee Pacific Nickel

(Alliance News) - Gunsynd PLC on Wednesday said its investee Pacific Nickel Mines Ltd has entered an agreement with Baar, Switzerland-based Anglo-Swiss commodity trading and mining company Glencore PLC.

6 May 2022 19:11

TRADING UPDATES: Enwell pleased with SV-31; SDX Energy ties in well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

19 Apr 2022 22:13

TRADING UPDATES: AVI Japan outperforms; Crossword annual revenue grows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

8 Apr 2022 15:16

REPEAT: Gunsynd invests in GBP75,000 IPO of tin developer First Tin

Gunsynd PLC - London-based investment company focused on the natural resources, life sciences and alcohol sector - Invests GBP75,000 in the initial public offering of tin development and exploration company, First Tin PLC. The investment was via the subscription of 250,000 shares at 30 pence per share. This adds to the company's previous GBP15,000 investment in First Tin on March 24. Funds will be used for resource expansion drilling, feasibility/mine development studies and land acquisition cost, Gunsynd explains.

8 Apr 2022 15:14

IN BRIEF: Gunsynd invests in the IPO of tin developer First Tin

Gunsynd PLC - London-based investment company focused on the natural resources, life sciences and alcohol sector - Invests GBP75,000 in the initial public offering of tin development and exploration company, First Tin PLC. The investment was via the subscription of 250,000 shares at 30 pence per share. This adds to the company's previous GB15,000 investment in First Tin on March 24. Funds will be used for resource expansion drilling, feasibility/mine development studies and land acquisition cost, Gunsynd explains.

28 Mar 2022 19:24

IN BRIEF: Gunsynd investee Media Tech to buy Scandinavian firm Drylab

Gunsynd PLC - London-based investment firm - Notes investee company Media Tech SPAC PLC, a public unlisted special purpose acquisition company, has agreed to acquire Scandinavian film and TV production SaaS platform Drylab AS.

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Gunsynd Disposes Of UK Oil & Gas Stake For Almost GBP450,000 (ALLISS)

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