GUNSYND PLC

Major Shareholding Notification • Jan 31, 2022

National Storage Mechanism | Additional information

RNS Number : 1705A

Gunsynd PLC

31 January 2022

31 January 2022                                                Gunsynd plc

("Gunsynd" or the "Company")

Partial disposal of shares in Charger Metals Limited

Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has partially disposed of holdings in one of its investee companies Charger Metals Limited ("Charger") (ASX: CHR).

The disposal was executed via the sale of 600,000 shares on the market at an average price per share of approximately 82 cents AUD for proceeds of approximately AUD$493,000 (approximately £260,000) after costs. This fully recoups the total cash outlay of $480,000 invested by Gunsynd in Charger.

Following this disposal, Gunsynd continues to hold 3 million shares in Charger representing approximately 6%.

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.

For further information please contact:

Gunsynd plc Hamish Harris/ Peter Ruse	+44 (0) 78 7958 4153
Cairn Financial Advisers LLP James Caithie / Liam Murray	+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 or visit 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.

END

MSCBBGDBBUXDGDB