Gunsynd Plc
("Gunsynd" or the "Company")
WRAP Retail Offer by Richmond Hill Resources plc
Gunsynd (AIM: GUN) notes the announcement by Richmond Hill Resources plc ("Richmond Hill") of a retail offer via the Winterflood Retail Access Platform ("WRAP") in conjunction with its AIM IPO, to raise up to £250,000 (the "WRAP Retail Offer") through the issue of new ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares"). Under the WRAP Retail Offer up to 250,000,000 new Ordinary Shares ("WRAP Retail Offer Shares") will be made available at a price of 1 pence per share.
Under the WRAP Retail Offer, WRAP Retail Offer Shares will be made available at a price of £0.01 per share ("Placing Price"). In addition to the WRAP Retail Offer and as announced on 29 September 2025, Richmond Hill has, subject to Admission (as defined below), completed a placing of £1,400,000 (before expenses) (the "Placing") in conjunction with the Company's Admission to trading on AIM ("Admission").
Following the publication of Richmond Hill's AIM Admission Document and notice of general meeting on 13 October 2025, it is anticipated that Admission will become effective and that dealings in the Ordinary Shares pursuant to Richmond Hill's admission to trading on AIM will commence at 8:00 a.m. on 15 October 2025. Further information on Richmond Hill and its business is set out in the Admission Document. Copies of the Admission Document are available online at www.richmondhillresources.com.
For the avoidance of doubt, the WRAP Retail Offer is not part of the Placing or Admission and the WRAP Retail Offer will complete upon Admission.
At 30 June 2025, Gunsynd had loans outstanding (including interest) of £144,259 and holds 3,590,594 ordinary shares representing approximately 3.43% of the issued share capital of Richmond Hill.
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 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 |
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| Cairn Financial Advisers LLP Liam Murray / James Western |
+44 20 7213 0880 |
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| Peterhouse Capital Limited Lucy Williams |
+44 20 7469 0936
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