REG - Gunsynd PLC - WRAP Retail Offer by Richmond Hill Resources plc

GunsyndAnnouncement

08/10/2025 07:15

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RNS Number : 4394C  Gunsynd PLC  08 October 2025

Gunsynd Plc

("Gunsynd" or the "Company")

WRAP Retail Offer by Richmond Hill Resources plc

Gunsynd (AIM: GUN) notes the announcement by Richmond Hill Resources plc
("Richmond Hill") of a retail offer via the Winterflood Retail Access Platform
("WRAP") in conjunction with its AIM IPO, to raise up to £250,000 (the "WRAP
Retail Offer") through the issue of new ordinary shares of £0.001 each in the
capital of the Company ("Ordinary Shares"). Under the WRAP Retail Offer up to
250,000,000 new Ordinary Shares ("WRAP Retail Offer Shares") will be made
available at a price of 1 pence per share.

 

Under the WRAP Retail Offer, WRAP Retail Offer Shares will be made available
at a price of £0.01 per share ("Placing Price"). In addition to the WRAP
Retail Offer and as announced on 29 September 2025, Richmond Hill has, subject
to Admission (as defined below), completed a placing of £1,400,000 (before
expenses) (the "Placing") in conjunction with the Company's Admission to
trading on AIM ("Admission").

 

Following the publication of Richmond Hill's AIM Admission Document and notice
of general meeting on 13 October 2025, it is anticipated that Admission will
become effective and that dealings in the Ordinary Shares pursuant to Richmond
Hill's admission to trading on AIM will commence at 8:00 a.m. on 15 October
2025. Further information on Richmond Hill and its business is set out in the
Admission Document. Copies of the Admission Document are available online
at www.richmondhillresources.com
(https://cairnfin.sharepoint.com/Shared%20Documents/Cairn%20Client%20Files/Current%20Clients/Richmond%20Hill%20Resources/Announcements/2025-09-XX%20WRAP%20launch/www.richmondhillresources.com)
.

 

For the avoidance of doubt, the WRAP Retail Offer is not part of the Placing
or Admission and the WRAP Retail Offer will complete upon Admission.

 

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.

The Directors of the Company are responsible for the release of this
announcement.

For further information, please contact:

 Gunsynd plc                   +44 (0) 78 7958 4153

 Hamish Harris/ Peter Ruse

 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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