REG - Gunsynd PLC - Investee Company update Richmond Hill Resources

GunsyndAnnouncement

29/09/2025 09:30

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RNS Number : 1949B  Gunsynd PLC  29 September 2025

Gunsynd Plc

("Gunsynd" or the "Company")

Investee Company update Richmond Hill Resources

Gunsynd (AIM: GUN) notes a Corporate update from Richmond Hill Resources PLC
("Richmond Hill") (AQSE: SHNJ) including the below:

·      Publication of the Admission Document and lifting of the
Company's suspension

·      Proposed acquisition of the entire issued share capital of
Bulawayo CC Ventures Limited

·      Placing to raise £1.4 million at 1 pence per share

·     Admission of the enlarged ordinary share capital to trading on AIM
expected to commence on 15 October 2025

At 30 June 2025, Gunsynd had loans outstanding (including interest) of
£144,259 and holds 3,590,594 ordinary shares representing approximately 3.43%
of the issued share capital of Richmond Hill.

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.

For further information, please contact:

 Gunsynd plc                     +44 (0) 78 7958 4153

 Hamish Harris

 Cairn Financial Advisers LLP    +44 20 7213 0880

  Liam Murray / James Western

 Peterhouse Capital Limited      +44 20 7469 0936

 Lucy Williams

 

 

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