RE: observing only14 May 2019 14:51
The Board of Gunsynd (AIM: GUN, NEX: GUN) notes the announcement made on 1 March 2019 by Oyster Oil and Gas Ltd. ("Oyster"; listed on TSX Venture Exchange under the symbol "OY"), in which Gunsynd invested £250,000 by way of a convertible loan on 21 July 2017, stating that Northbay Capital Partners Corp. and Gunsynd have reached conditional agreement ("Agreement") with Oyster to settle aggregate debts of CAD1,426,500 owed to them by Oyster in exchange for the outstanding share capital of Oyster's wholly-owned operating subsidiary, Oyster Oil & Gas Limited ("Subco"), established under the laws of the British Virgin Islands.