Gunsynd PLC - London-based investment firm - Invests CAD250,000, or GBP146,000 into precious metals royalty and streaming firm Empress Royalty Corp, to subscribe for 1.0 million shares.
Investment complements Gunsynd's existing investments in the precious metals sector, adding new commodity exposure to silver.
"We are very pleased to participate in this financing round for Empress Royalty Corp We believe Empress offers an attractive entry point into the gold and silver royalty/streaming space which continues to be an attractive area in North American and European capital markets," said Director Peter Ruse.
Current stock price: 1.01 pence
Year-to-date change: down 1.0%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Gunsynd (GUN)