Share Issue/Capital Change • Oct 15, 2025
Share Issue/Capital Change
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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 |
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