RCS - Gunsynd PLC - Bear Twit Update - Public Infrastructure Upgrades

GunsyndAnnouncement

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RNS Number : 0446X  Gunsynd PLC  18 March 2026

Gunsynd Plc

("Gunsynd" or the "Company")

Bear Twit Update

Public Infrastructure Upgrades

Gunsynd (AIM: GUN) is pleased to provide an update in relation to the Bear
Twit project in Canada (the "Project"), in which the Company owns a 100% legal
and beneficial interest.

Gunsynd notes the announcement by Canadian Prime Minister Mark Carney with
respect to construction starting on the Mackenzie Valley Highway.
Construction will start in summer 2026.

The highway is now one of three major projects in the Northwest Territories
officially referred to Ottawa's Major Projects Office, along with a redefined
Arctic economic and security corridor and the Taltson Hydro expansion, Carney
said as he announced $35 billion in investment  into northern defence and
infrastructure.

Carney said the first phase of construction will involve building an
all-season highway from Wrigley to Norman Wells, while the second phase will
eventually extend the road all the way to Inuvik.

This will mean for Gunsynd and in particular with respect to its Bear Twit
project, Norman Wells will be connected all year round to Wrigley and from
there to major Canadian highways giving the prospect of much improved and
cheaper transport costs with respect to its Bear Twit project.

 

 

 

For further information, please contact:

 Gunsynd plc           +44 (0) 78 7958 4153

 Hamish Harris
 AlbR Capital Limited  +44 20 7469 0936

 Lucy Williams

 

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