GUNSYND PLC

Regulatory Filings • Jul 16, 2024

National Storage Mechanism | Additional information

RNS Number : 5979W

Gunsynd PLC

16 July 2024

Gunsynd PLC

("Gunsynd" or the "Company")

Black Schist Mineral Resource Estimate Upgrade

Gunsynd Plc (AIM: GUN, AQSE: GUN), the AIM and AQSE quoted investing company, notes the announcement by Metals One Plc ("Metals One") in relation to its maiden JORC Inferred Mineral Resource for the P5 area of the Finland - Black Schist Project of 29 Mt1. This brings the total Black Schist Project resource to 57.1 Mt, approximately double the previous estimate.

Gunsynd holds 6.25% of the issued share capital of Metals One Finland Oy, a subsidiary of Metals One which holds the Black Schist Project.

1 27.2 Mt attributable to Metals One; 1.8 Mt (6.25%) attributable to project partner, Gunsynd Plc. Metals One has the option to acquire this 6.25% from Gunsynd.

The Metals One announcement can be viewed in full at the link below: https://www.londonstockexchange.com/news-article/MET1/black-schist-project-mre-upgrade/16569438

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.

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

MSCZZGMNLVKGDZG