REG - Gunsynd PLC - Investee Company Update – Richmond Hill Resources

GunsyndAnnouncement

15/10/2025 13:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251015:nRSO5251Da&default-theme=true

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.

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.

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

 Hamish Harris/ Peter Ruse     +44 (0)7879 584 153

 Cairn Financial Advisers LLP

 Liam Murray / James Western   +44 (0)20 7213 0880

 Peterhouse Capital Limited

 Lucy Williams                 +44 (0)20 7469 0936

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDUVVARVOURAAA



            Copyright 2019 Regulatory News Service, all rights reserved