21 Feb 2020 11:21
Gunsynd plc
("Gunsynd" or the "Company")
Update - Solomon Islands Investment
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The Company announced on 4 December 2019, that it had (1) purchased a 7.76% stake in Kolosori Nickel Limited ("Kolosori") for a consideration of £45,000 and (2) that the Company had been granted an option to purchase a further 22.33% interest in Kolosori for £135,000.
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Kolosori owns the nickel prospecting licence PL05/19 over the Kolosori Prospect in the Solomon Islands.
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The Company announces that it will not exercise the option over Kolosori as the option has been agreed to have expired.
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Kolosori's full legal name is Kolosori Nickel (SI) Limited and not Kolosori Nickel Limited as previously referred to.
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This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
The Directors of Gunsynd accept responsibility for this announcement.
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For further information please contact:
Gunsynd plc Hamish Harris | +44 20 7440 0640Â Â |
 Cairn Financial Advisers LLP James Caithie / Liam Murray |  +44 20 7213 0880 |
 Peterhouse Corporate Finance Lucy Williams  |  +44 20 7469 0930  |
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