Gunsynd PLC Update on Sunshine Minerals (0110O)
September 27 2019 - 10:03AM
UK Regulatory
TIDMGUN
RNS Number : 0110O
Gunsynd PLC
27 September 2019
Gunsynd plc
("Gunsynd" or the "Company")
Update on Sunshine Minerals
Gunsynd Plc (AIM: GUN, NEX: GUN) which holds 19.8% of the issued
share capital of Sunshine Minerals Limited ("Sunshine"), announces
that Sunshine has relinquished its interest in the Tausere bauxite
deposit.
Hamish Harris, the Company's Executive Chairman, commented:
"The Tausere bauxite licence was always secondary to Sunshine
and it has declined to spend the necessary money on it to retain
the licence. The Jejevo nickel licence was and remains Sunshine's
priority".
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 +44 20 7440 0640
Cairn Financial Advisers LLP
James Caithie / Liam Murray +44 20 7213 0880
Peterhouse Corporate Finance
Lucy Williams +44 20 7469 0930
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.
END
UPDPGUUUBUPBGCM
(END) Dow Jones Newswires
September 27, 2019 10:03 ET (14:03 GMT)
Gunsynd (LSE:GUN)
Historical Stock Chart
From Apr 2024 to May 2024
Gunsynd (LSE:GUN)
Historical Stock Chart
From May 2023 to May 2024