Gunsynd PLC Further Investment in Zenith Energy (4650Q)
November 29 2016 - 11:10AM
UK Regulatory
TIDMGUN
RNS Number : 4650Q
Gunsynd PLC
29 November 2016
Gunsynd plc
("Gunsynd" or the "Company")
Further Investment in Zenith Energy
Further to the announcement made on 24 November 2016, Gunsynd
Plc (AIM: GUN; ISDX: GUN) is pleased to announce that it has
purchased a further 300,000 shares in Zenith Energy Limited
("Zenith"), a junior oil and gas E&P company quoted on the
Toronto Venture Exchange in Canada with an oil production company
based in Azerbaijan.
Gunsynd now holds a total of 1,031,000 shares in Zenith,
representing approximately 1.6% of the outstanding number of shares
of Zenith. Total consideration paid to date for the Company's
investment in Zenith is approximately GBP49,000.
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: +44 (0) 20 7440 0640
Hamish Harris
Donald Strang
Nominated Adviser/ISDX Corporate Adviser: +44 (0) 20 7213
0880
Cairn Financial Advisers LLP
James Caithie / Liam Murray
Peterhouse Corporate Finance (Joint Broker) +44 (0)20 7469 0930
Lucy Williams
This information is provided by RNS
The company news service from the London Stock Exchange
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