RE: 500k in Richmond Hill28 Jan 2026 11:46
15 Oct 2025 12:57
RNS Number : 5251D
Gunsynd PLC
15 October 2025
Gunsynd PLC
("Gunsynd" or the "Company")
Investee Company Update - Richmond Hill Resources plc
Gunsynd (AIM: GUN) announces that as part of the admission process of Richmond Hill Resources plc ("Richmond Hill Resources") to trading on AIM, the Company has converted its outstanding loan notes into equity.
As at 30 June 2025, the total outstanding balance was £144,259, comprising:
· 8% Loan Note: £32,795
· Convertible Loan Note Interest: £111,464
Following this conversion, Gunsynd now holds 18,016,501 ordinary shares in Richmond Hill Resources. These shares are subject to a twelve-month lock-in period and a six-month orderly market provision thereafter.