Skip to content

Gunsynd PLC - Deferred shares for the Kolosori Nickel Project

Announcement provided by

Gunsynd Plc · GUN

14/10/2022 10:05

Gunsynd PLC - Deferred shares for the Kolosori Nickel Project
RNS Number : 9376C
Gunsynd PLC
14 October 2022

14 October 2022

Gunsynd plc


("Gunsynd" or the "Company")


Deferred shares awarded for the Kolosori Nickel Project


Gunsynd Plc (AIM: GUN, AQSE: GUN) notes the announcement by its investee company Pacific Nickel Mines Limited (ASX: PNM) ("Pacific Nickel"), which has allotted 15,625,000 shares at an issue price of AUD $0.08 as deferred consideration shares for the acquisition of an 80% interest in the Kolosori Nickel Project, as approved by shareholders at a General Meeting held on 9 April 2021.  As per the share purchase agreement announced on 14 May 2021, Gunsynd has received 1,137,984 shares which are subject to a lock-in for a period of 12 months from the date of issue.

Following the issuance of the 1,137,984 deferred consideration shares, Gunsynd will hold 3,083,741 shares of Pacific Nickel representing approximately 1.1% of Pacific Nickel's current issued share capital.

The Directors of Gunsynd accept responsibility for this announcement.  


For further information, please contact:

Gunsynd plc

Hamish Harris/ Peter Ruse

+44 20 7440 0640

Cairn Financial Advisers LLP

James Caithie / Liam Murray

+44 20 7213 0880

Peterhouse Capital Limited

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 or visit

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.

View more ...

GUN announcementsAll announcements


  • About
  • News
  • Investor Relations
  • Contact
  • Careers

© Aquis Exchange 2023. All rights reserved.

Terms & ConditionsPrivacy PolicyModern Slavery & Human Trafficking Policy
System statusnormal