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Pin to quick picksGunsynd Share News (GUN)

Share Price Information for Gunsynd (GUN)

London Stock Exchange
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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
Prev. Close: 0.13
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Gunsynd To Get Stake In Oyster Oil & Gas Operations As Loan Repayment

Thu, 06th Jun 2019 10:42

LONDON (Alliance News) - Gunsynd PLC on Thursday said it is about to receive a stake in Oyster Oil & Gas Ltd's operating unit, in settlement of a loan issued to Oyster by Gunsynd.

Shares in the Gunsynd were trading 15% higher to 0.058 pence each.

Gunsynd, noting the increase in its share price, said that Oyster Oil & Gas will hold a shareholder meeting on Friday, where investors will vote to approve the deal.

Under the previous agreement between the companies, Gunsynd and Northbay Capital Partners Corp, both creditors of Oyster, will receive settlement of an outstanding loan by gaining the entire share capital of Oyster's operating unit.

Oyster's production sharing contracts in Madagascar and Djibouti are held through the operating unit.

In July 2017, Gunsynd loaned GBP250,000 to Oyster Oil & Gas. The company's loan represents 30% of the total CAD1.4 million - GBP822,986 - outstanding loan owed to both Gunsynd and Northbay Capital.

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24 Oct 2018 14:10

Gunsynd To Secure 4% Holding In Investee Human Brands After IPO (ALLISS)

LONDON (Alliance News) - Natural resources investor Gunsynd PLC on Wednesday said its investee Human Brands International Inc has progressed towards preparing for a proposed listing on the Main of

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5 Oct 2018 12:29

UKOG Begins Extended Testing Of Kimmeridge Limestone 4 At Horse Hill

LONDON (Alliance News) - UK Oil & Gas PLC and Alba Mineral Resources PLC on Friday said extended well testing operations are now underway at Horse Hill in Surrey.The Horse Hill-1 and is

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4 Oct 2018 16:39

Director dealings: Gunsynd director ups stake

(Sharecast News) - Gunsynd executive director Donald Strang purchased 101.18m ordinary shares in the AIM-listed natural resources outfit.

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19 Sep 2018 11:47

Metminco To Acquire Majority Stake In Nickel And Bauxite Projects (ALLISS)

LONDON (Alliance News) - Metminco Ltd said Wednesday that it will acquire majority stake in nickel and bauxite projects located on the Solomon Islands.The company has bought entire share of

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30 Aug 2018 11:25

UK Oil & Gas Ups Horse Hill Stake Buying Out 15% From Solo Oil (ALLISS)

LONDON (Alliance News) - UK Oil & Gas PLC on Thursday continued to raise its interest in Horse Hill Development Ltd by buying out Solo Oil PLC's 15% stake in the company.UK Oil Gas

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30 Aug 2018 08:20

UK Oil and Gas ups stake in Horse Hill Developments

(Sharecast News) - AIM-listed investor UK Oil and Gas has upped its stake in the Horse Hill oil discovery via a £4.5m acquisition of fellow AIM-listed firm Solo Oil's interest in the project's operator.

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20 Aug 2018 12:11

EXTRA: UK Oil & Gas Looking To Progress Horse Hill As It Takes Control

LONDON (Alliance News) - UK Oil & Gas PLC said Monday it has taken a majority position in the Horse Hill project, the so-called 'Gatwick Gusher', after buying out two Oil & Gas its

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20 Aug 2018 09:45

UK Oil & Gas Buys Out Two Horse Hill Partners, Takes Stake To 57% (ALLISS)

LONDON (Alliance News) - UK Oil & Gas PLC said Monday it has taken a controlling interest in Horse Hill Developments Ltd after buying out the stakes of Gunsynd PLC and Primorus Investments Oil

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3 Aug 2018 12:31

'Excellent' Horse Hill flow rate results impress AIM quintet

(Sharecast News) - Horse Hill's testing results at the Portland reservoir in the UK's Weald Basin on Friday implied equivalent rates of 401 and 414 barrels of oil per day, beating 2016 results.

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23 Jul 2018 15:16

Gunsynd Investee Gets Prospecting Licence To Sunshine Nickel

LONDON (Alliance News) - Gunsynd PLC said Monday that a subsidiary of its investee Sunshine Minerals has been awarded a prospecting licence over the Jejevo tenement in the Solomon Nickel Ltd the a

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24 May 2018 12:47

Gunsynd Reports Delay In FastBase AIM Stock Market Listing (ALLIPO)

LONDON (Alliance News) - Gunsynd PLC said Thursday that the proposed AIM stock listing of software as a service company FastBase Inc has been delayed.The investment company is assisting its

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11 May 2018 13:00

Gunsynd Says Suspensions On Investee's Mine Operations Now Lifted

LONDON (Alliance News) - Gunsynd PLC said on Friday it has been notified by Brazil Tungsten Holdings, in which it holds 6.2% that the suspension of operations at its mine and process plant put by

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29 Mar 2018 18:27

Gunsynd Investee Buys 10% Stake In Wine And Spirit Distributor (ALLISS)

LONDON (Alliance News) - Gunsynd PLC, a natural resources investor, said Thursday its investee Human Brands International Inc has acquired 10% equity in Milestone Beverages HK

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27 Mar 2018 14:21

Gunsynd Says Operations At Investee Mine Suspended After Fatality

LONDON (Alliance News) - Gunsynd PLC said Tuesday that there has been a fatal accident at the Bodo Mine in Brazil owned by investee Brazil Tungsten and at

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7 Feb 2017 08:28

Horse Hill Aims For Production In Late 2018, Upgrades Portland Oil

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