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On 08 September 2025, Gunsynd Plc noted that its investee company Richmond Hill Resources PLC announced the release of a London Stock Exchange Schedule One regarding its proposed admission to the AIM Market and cancellation from the Aquis Growth Market. As of 30 June 2025, Gunsynd held 3,590,594 ordinary shares, representing approximately 3.43% of Richmond Hill's issued share capital, and had outstanding loans of £144,259 to Richmond Hill.
| Date | 8 Sept 2025 |
| Time | 08:15:47 |
| Category | Corporate updates |
| ID | 3934Y |
Gunsynd Plc
("Gunsynd" or the "Company")
Investee Company update Richmond Hill Resources
Gunsynd (AIM: GUN notes a Corporate update from Richmond Hill Resources PLC ("Richmond Hill") (AQSE: SHNJ).
"Richmond Hill (AQSE: SHNJ), is pleased to announce the release of a Schedule One by the London Stock Exchange in respect of its proposed admission of its ordinary shares ("Ordinary Shares") to trading on the AIM Market ("AIM") of the London Stock Exchange ("Admission") and cancellation of the admission of its Ordinary Shares to trading on the Aquis Growth Market ("Cancellation").
"The Schedule One announcement in respect of the Company's intention to move to AIM has been published today, and an AIM Admission Document will be published prior to Admission and will be made available on the Company's website at https://www.richmondhillresources.com/.
"It is expected that Cancellation will take place simultaneously with Admission. The Company will make further announcements in relation to the Cancellation and Admission in due course."
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.
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
For further information, please contact:
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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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