Get Live Data
Less Ads, More Data, More Tools Register for FREE
REMOVE ADS
REMOVE ADS

Latest Share Chat

  2. Share Prices
  3. GUN.PL Share Price
  4. GUN.PL Share Regulatory News
  5. Term Sheet for High Grade Gold Project in Canada

Pin to quick picksGUN.PL Regulatory News (GUN.PL)

GUN.PL Information
  • There is currently no data for GUN.PL

Term Sheet for High Grade Gold Project in Canada

19 Nov 2025 07:00

RNS Number : 0498I
Gunsynd PLC
19 November 2025
 

Gunsynd Plc

("Gunsynd" or the "Company")

Term Sheet for High Grade Gold Project in Canada

Appointment of Corporate Broker

Gunsynd (AIM: GUN), an investing company, is pleased to announce that it has entered into a legally binding Term Sheet with Ulvestone Ltd (the "Vendor") which sets out the indicative commercial terms pursuant to which it is proposed that the Company will enter into a farm-in agreement (the "Agreement") with respect to the Eagle Gold Project consisting of certain licences over prospective acreage in Canada (the "Proposed Transaction"). 

Highlights

· 10% proposed acquisition of the Eagle Gold Project, Ontario

· 95 mining claims, 1,960 hectares  situated in the Wabigoon Greenstone belt which includes the numerous other gold deposits as per Schedule A

· 27 km southwest of Dryden Ontario

· Road access to within 3km of the property

Historic sampling of up to 204 g/t

2025 field campaign of 21 grab samples included 3 samples of > 25g/t au with the largest being 75.7g/t au.

26 shallow holes drilled 1951-1985

1982 - 1985, Significant Results

DDH

From

(m)

To (m)

Interval

(m)

Au (g/t)

R-82-3

64.00

67.06

3.05

1.95

R-83-6

53.34

59.44

6.10

1.64

R-83-10

5.24

7.62

2.38

1.20

24.38

30.48

6.09

1.70

35.05

38.10

3.05

1.13

42.67

45.72

3.05

2.54

99.01

102.11

3.05

3.94

R-83-11

17.98

18.75

0.76

1.95

101.50

103.02

1.52

2.78

R-85-12

18.29

19.51

1.22

2.74

23.16

24.23

1.07

8.23

27.43

30.48

3.05

2.05

36.58

39.62

3.05

2.05

R-85-13

51.82

54.86

3.05

7.54

R-85-16

9.14

12.19

3.05

2.05

 

Under the Term Sheet, Gunsynd will acquire a 10% legal and beneficial interest in the Eagle Gold Project in Ontario Canada (the "Project"). Subject to entering the Agreement, the consideration will be satisfied by:

 i) Payment to the Vendor £170,000 in cash

(ii) 32,258,065 new ordinary shares of 0.085 pence ("Ordinary Shares") in Gunsynd at a price of 0.155 pence per share.

A 2% net smelter royalty payable exists over the license/permits in the Project.

 

 

Corporate Broker

Following the merger of the capital markets businesses of Peterhouse Capital Limited and Novum Securities Limited into AlbR Capital Limited, effective from 1 October 2025, the Company is pleased to announce that AlbR Capital Limited has been appointed as Corporate Broker to the Company.

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the Company's ability to execute and implement future plans, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. 

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

For further information, please contact:

Gunsynd plc

Hamish Harris

+44 (0) 78 7958 4153

Cairn Financial Advisers LLP

Liam Murray / James Western

+44 20 7213 0880

AlbR Capital Limited

Lucy Williams

+44 20 7469 0936

 

 

 

SCHEDULE A

Location map

 

 

 

Claims list

 

Eagle Gold Property Claims

CLAIM NUMBER

ISSUE DATE

ANNIVERSARY DATE

HOLDER

857597

9/11/2023

11-Sep-2027

 

(100) Ulvestone Ltd

857599

9/11/2023

11-Sep-2027

(100) Ulvestone Ltd

857600

9/11/2023

11-Sep-2027

(100) Ulvestone Ltd

857601

9/11/2023

11-Sep-2027

(100) Ulvestone Ltd

872370

12/21/2023

21-Dec-2027

(100) Ulvestone Ltd

872371

12/21/2023

21-Dec-2027

(100) Ulvestone Ltd

872372

12/21/2023

21-Dec-2027

(100) Ulvestone Ltd

872373

12/21/2023

21-Dec-2027

(100) Ulvestone Ltd

872374

12/21/2023

21-Dec-2027

(100) Ulvestone Ltd

872375

12/21/2023

21-Dec-2027

(100) Ulvestone Ltd

872376

12/21/2023

21-Dec-2027

(100) Ulvestone Ltd

872377

12/21/2023

21-Dec-2027

(100) Ulvestone Ltd

872764

12/22/2023

22-Dec-2027

(100) Ulvestone Ltd

872765

12/22/2023

22-Dec-2027

(100) Ulvestone Ltd

872766

12/22/2023

22-Dec-2027

(100) Ulvestone Ltd

872767

12/22/2023

22-Dec-2027

(100) Ulvestone Ltd

872768

12/22/2023

22-Dec-2027

(100) Ulvestone Ltd

872769

12/22/2023

22-Dec-2027

(100) Ulvestone Ltd

873368

12/29/2023

29-Dec-2027

(100) Ulvestone Ltd

873369

12/29/2023

29-Dec-2027

(100) Ulvestone Ltd

873370

12/29/2023

29-Dec-2027

(100) Ulvestone Ltd

873371

12/29/2023

29-Dec-2027

(100) Ulvestone Ltd

873372

12/29/2023

29-Dec-2027

(100) Ulvestone Ltd

873373

12/29/2023

29-Dec-2027

(100) Ulvestone Ltd

873374

12/29/2023

29-Dec-2027

(100) Ulvestone Ltd

873375

12/29/2023

29-Dec-2027

(100) Ulvestone Ltd

873376

12/29/2023

29-Dec-2027

(100) Ulvestone Ltd

885219

4/1/2024

01-Apr-2028

(100) Ulvestone Ltd

885220

4/1/2024

01-Apr-2028

(100) Ulvestone Ltd

892741

6/11/2024

11-Jun-2026

(100) Ulvestone Ltd

892742

6/11/2024

11-Jun-2026

(100) Ulvestone Ltd

892743

6/11/2024

11-Jun-2026

(100) Ulvestone Ltd

892744

6/11/2024

11-Jun-2026

(100) Ulvestone Ltd

892746

6/11/2024

11-Jun-2026

(100) Ulvestone Ltd

892747

6/11/2024

11-Jun-2026

(100) Ulvestone Ltd

893761

6/20/2024

20-Jun-2026

(100) Ulvestone Ltd

893762

6/20/2024

20-Jun-2026

(100) Ulvestone Ltd

893763

6/20/2024

20-Jun-2026

(100) Ulvestone Ltd

893764

6/20/2024

20-Jun-2028

(100) Ulvestone Ltd

893765

6/20/2024

20-Jun-2028

(100) Ulvestone Ltd

893766

6/20/2024

20-Jun-2028

(100) Ulvestone Ltd

893767

6/20/2024

20-Jun-2026

(100) Ulvestone Ltd

893768

6/20/2024

20-Jun-2028

(100) Ulvestone Ltd

893769

6/20/2024

20-Jun-2028

(100) Ulvestone Ltd

893770

6/20/2024

20-Jun-2028

(100) Ulvestone Ltd

893771

6/20/2024

20-Jun-2028

(100) Ulvestone Ltd

893772

6/20/2024

20-Jun-2028

(100) Ulvestone Ltd

893794

6/21/2024

21-Jun-2028

(100) Ulvestone Ltd

893795

6/21/2024

21-Jun-2028

(100) Ulvestone Ltd

893796

6/21/2024

21-Jun-2028

(100) Ulvestone Ltd

893797

6/21/2024

21-Jun-2028

(100) Ulvestone Ltd

893798

6/21/2024

21-Jun-2028

(100) Ulvestone Ltd

893799

6/21/2024

21-Jun-2026

(100) Ulvestone Ltd

893810

6/21/2024

21-Jun-2026

(100) Ulvestone Ltd

893811

6/21/2024

21-Jun-2026

(100) Ulvestone Ltd

893812

6/21/2024

21-Jun-2026

(100) Ulvestone Ltd

893813

6/21/2024

21-Jun-2026

(100) Ulvestone Ltd

893814

6/21/2024

21-Jun-2026

(100) Ulvestone Ltd

893815

6/21/2024

21-Jun-2026

(100) Ulvestone Ltd

893816

6/21/2024

21-Jun-2026

(100) Ulvestone Ltd

893817

6/21/2024

21-Jun-2026

(100) Ulvestone Ltd

893818

6/21/2024

21-Jun-2026

(100) Ulvestone Ltd

893819

6/21/2024

21-Jun-2028

(100) Ulvestone Ltd

893839

6/22/2024

22-Jun-2028

(100) Ulvestone Ltd

893840

6/22/2024

22-Jun-2028

(100) Ulvestone Ltd

893841

6/22/2024

22-Jun-2028

(100) Ulvestone Ltd

893842

6/22/2024

22-Jun-2028

(100) Ulvestone Ltd

893843

6/22/2024

22-Jun-2028

(100) Ulvestone Ltd

893844

6/22/2024

22-Jun-2028

(100) Ulvestone Ltd

893845

6/22/2024

22-Jun-2028

(100) Ulvestone Ltd

893846

6/22/2024

22-Jun-2028

(100) Ulvestone Ltd

893847

6/22/2024

22-Jun-2028

(100) Ulvestone Ltd

893848

6/22/2024

22-Jun-2026

(100) Ulvestone Ltd

893849

6/22/2024

22-Jun-2026

(100) Ulvestone Ltd

893850

6/22/2024

22-Jun-2026

(100) Ulvestone Ltd

919566

1/12/2025

12-Jan-2027

(100) Ulvestone Ltd

919634

1/13/2025

13-Jan-2027

(100) Ulvestone Ltd

919635

1/13/2025

13-Jan-2027

(100) Ulvestone Ltd

919636

1/13/2025

13-Jan-2027

(100) Ulvestone Ltd

919637

1/13/2025

13-Jan-2027

(100) Ulvestone Ltd

939423

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939424

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939425

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939426

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939427

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939428

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939429

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939430

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939431

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939432

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939433

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939434

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939435

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939436

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

939437

3/12/2025

12-Mar-2027

(100) Ulvestone Ltd

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDBPBFTMTIBBMA
12
Date   Source Headline
4th Jun 202612:30 pmRNSUpdate on Barb Project
14th May 202612:08 pmRNSUpdate on Barb Project
6th May 20267:00 amRNSUpdate on Barb Project
22nd Apr 202612:13 pmRNSDirector/PDMR Shareholding
16th Apr 20267:00 amRNSDirector/PDMR Shareholding
9th Apr 20261:00 pmRNSDirector/PDMR Shareholding
7th Apr 20267:00 amRNSDirector/PDMR Shareholding
26th Mar 202610:30 amRNSHalf-year Report
25th Mar 20262:09 pmRNSResult of AGM
25th Mar 20267:10 amRNSUpdate on Eagle Lake Gold Project
18th Mar 20267:00 amRNS-RBear Twit Update - Public Infrastructure Upgrades
10th Mar 20267:00 amRNSBear Twit Update
2nd Mar 20264:25 pmRNSNotice of AGM
13th Feb 20268:01 amRNSDirector/PDMR Shareholding
5th Feb 202610:20 amRNSBarb Gold Project Update & Issue of Equity
16th Jan 20262:52 pmRNSChange of Registered Office
12th Jan 20267:00 amRNSAcquisition of Gold Claims & Issue of Equity
6th Jan 20267:00 amRNSBarb Project Update
19th Dec 20251:30 pmRNSGold Project Updates & Issue of Equity
19th Dec 20251:30 pmRNSGold Project Updates & Issue of Equity
18th Dec 20259:50 amRNSInvestee Company update Richmond Hill Resources
9th Dec 20257:00 amRNSUpdate on Eagle Gold Project
26th Nov 20254:02 pmRNSFinal Results
19th Nov 20257:00 amRNSTerm Sheet for High Grade Gold Project in Canada
28th Oct 20253:30 pmRNSHigh-grade gold confirmed at the Barb Project
28th Oct 20257:00 amRNSHigh Grade historical results at Bear Twit
16th Oct 20257:00 amRNSHigh-grade mineralisation at Bear Twit Project
15th Oct 202512:57 pmRNSInvestee Company Update – Richmond Hill Resources
10th Oct 20257:00 amRNSGrant of Options
9th Oct 20257:00 amRNSGeneral Update
8th Oct 20257:10 amRNSWRAP Retail Offer by Richmond Hill Resources plc
30th Sep 20257:00 amRNSUpdate on Barb Gold and Bear Twit Projects
29th Sep 20259:19 amRNSInvestee Company update Richmond Hill Resources
16th Sep 20257:00 amRNSUpdate on Barb Gold Project and Bear Twit
8th Sep 20258:15 amRNSInvestee Company update Richmond Hill Resources
4th Sep 20257:00 amRNSWork to Commence at Barb Gold Project
2nd Sep 20257:00 amRNSPublication of Investor Presentation
1st Sep 20257:00 amRNSBear Twit Update
28th Aug 20257:00 amRNSFurther re Barb Gold Project, Issue of Equity
26th Aug 20257:00 amRNS1911 Gold - Investee company update
11th Aug 20257:00 amRNSTargets identified at Falcon, Greylark and Merlin
21st Jul 20254:39 pmRNSResult of Broker Option
18th Jul 20257:00 amRNSFundraise, Issue of Warrants and Broker Option
10th Jul 20257:00 amRNSFalcon, Greylark and Merlin Update
9th Jul 20252:41 pmRNSInvestee Company update – Richmond Hill Resources
23rd Jun 20257:00 amRNSTerm Sheet for Gold Project in Canada
23rd May 20255:53 pmRNSHolding(s) in Company
16th May 202512:02 pmRNSInvestee Company Update - Aberdeen Minerals Ltd
27th Mar 20257:00 amRNSHalf-year Report
12th Mar 20257:15 amRNSInvestee Company update – Richmond Hill Resources
12

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Recently viewed
GRN
GRN.L
LSE
0.00%
B90
B90 Holdings
LSE
6.25%
CWK
Cranswick
LSE
-0.91%
IDH
IDH.L
LSE
0.00%
KLR
Keller
LSE
-0.97%
Trending
OMI
Orosur Mining
LSE
0.81%
GGP
Greatland Resources
LSE
-2.84%
QHE
Quantum Helium
LSE
6.67%
ENQ
Enquest
LSE
1.52%
GOLD
Ivz Phy Gold Ii
LSE
0.00%