TIDMGUN

RNS Number : 9043J

Gunsynd PLC

29 December 2020

Gunsynd plc

("Gunsynd" or the "Company")

Empress Royalty Corp. TSXV Listing

Further to the Quarterly Investor Update announcement of 15 December 2020, Gunsynd Plc (AIM: GUN, AQSE: GUN) is pleased to announce that Empress Royalty Corp. ("Empress") one of Gunsynd's investee companies, is expected to begin trading on the TSX Venture Exchange ("TSXV") today, 29 December 2020, under the ticker symbol TSXV: EMPR.

As announced on 23 October 2020, Gunsynd invested C$250,000 (approximately GBP146,000) into Empress. Gunsynd holds 1,000,000 ordinary shares in Empress representing approximately 1.4% of the enlarged share capital of Empress.

About Empress Royalty Corp.

Empress is a new precious metals royalty and streaming creation company with a portfolio of 14 precious metals royalties. Empress is focused on investing in development and production stage projects providing unique financing solutions for mining companies who require additional nondilutive capital. The company has strategic relationships with Endeavour Financial, Terra Capital and Accendo Banco. These relationships allow Empress to not only access global investment opportunities but also bring unique mining finance expertise, deal structuring and access to capital markets.

Peter Ruse, a director of Gunsynd, commented: "Empress offers an appealing entry point into the gold and silver royalty/streaming space which continues to be an attractive area in North American and European capital markets. Gunsynd believes that the debut on the TSXV marketplace will enhance the profile of the Empress' existing asset base in a robust market for precious metals."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

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.

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 
 / Mark Rogers                 +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

UPDKVLFLBLLZFBD

(END) Dow Jones Newswires

December 29, 2020 02:00 ET (07:00 GMT)

Gunsynd (LSE:GUN)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Gunsynd Charts.
Gunsynd (LSE:GUN)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Gunsynd Charts.