Gunsynd Share News (GUN)

Gunsynd upbeat on developments at investee Low6

(Sharecast News) - Gunsynd updated the market on its investee company Low6 on Tuesday, which had reported unaudited revenue just shy of £1m for the quarter ended 30 September.

IN BRIEF: Gunsynd notes investee Pacific Nickel mining start

Gunsynd PLC - London-based company investing in companies and projects within the natural resources, life sciences and beverage sectors - Says investee Pacific Nickel Mines Ltd on Sunday started mining of saprolite nickel ore at its Kolosori nickel project on Isabel island in the Solomon Islands. The project is a direct shipping ore nickel laterite project. Pacific Nickels expects the first shipment of ore in November. Gunsynd holds 2.7 million shares in Pacific Nickels, a stake of around 0.7%.

Metals One starts AIM trading, Bluejay awaits Black Schist payment

(Alliance News) - Metals One PLC on Monday said it successfully commenced trading in London, prompting congratulations from stakeholder Bluejay Mining PLC, and gave updates for its various projects.

TRADING UPDATES: Medica shareholders back takeover; Arecor optimistic

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

TRADING UPDATES: Vela to invest in Tribe Tech; Seraphim NAV down

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

IN BRIEF: Gunsynd investee sees positive results at Canyon-2 well

Gunsynd PLC - London-based company investing in companies and projects within the natural resources, life sciences and beverage sectors - Notes that investee company Omega Oil & Gas Ltd, an ASX-listed energy and resources company, has spudded that Canyon-2 well in Australia. The well reaches a total depth of 3,807 metres. Results to-date are "positive" and have exceeded expectations. The well will now be suspended for completion before hydraulic stimulation and flow testing during the next phase.

Gunsynd hopeful of equity recovery as it posts widened pretax loss

(Alliance News) - Gunsynd PLC on Thursday remained optimistic about the impact of interest rate tightening on commodities, despite reporting a wider interim pretax loss from last year.

IN BRIEF: Gunsynd notes investee gets loan confirmation for Kolosori

Gunsynd PLC - London-based investment company focused on acquiring companies and/or projects within the natural resources sector, life sciences sector - Notes the announcement by its investee company, Pacific Nickel Mines Ltd, that Glencore International AG has provided it a letter of commitment confirming up to a USD22 million loan facility agreement and amended sales agreement for the Kolosori nickel project in the Solomon Islands. The funds raised through these arrangements with Glencore are expected to be sufficient to meet the pre-production funding requirements of the project, Gunsynd adds.

TRADING UPDATES: Future Metals in JV; Gunsynd sells stake in investee

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

TRADING UPDATES: t42 IoT Tracking Solutions and Zenova win contracts

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

IN BRIEF: Gunsynd says investee allots 13.8 million deferred shares

Gunsynd PLC - London-based investment firm - Says investee Pacific Nickel Mines Ltd completes allotment of 13.8 million deferred shares for AUD0.08 each. Says the deferred shares are from the 85% acquisition in Sunshine Minerals Ltd, which holds 80% of the Jejevo nickel project in the Solomon Islands. As per the transaction announced in August, Gunsynd will receive 1.6 million shares. It now holds 4.7 million shares in Pacific Nickel or 1.3% of its share capital. It no longer has a direct interest in Sunshine Minerals.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Logistics Development buys Alliance Pharma shares

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

Gunsynd profit swings to loss; remains funded for foreseeable future

(Alliance News) - Gunsynd PLC on Tuesday said it had suffered from a decrease in the value of its investment portfolio over the financial year, after posting a pretax loss for the period.

TRADING UPDATES: Georgia Capital profits from strong lari; Gym popular

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