Gunsynd plc
("Gunsynd", or the "Company")
Exercise of Warrants in Oyster Oil and Gas
Further to the announcement of 13 January 2017 regarding Gunsynd's investment of £125,000 in Oyster Oil and Gas ("Oyster") and the grant to Gunsynd of a warrant to subscribe for 1 million shares in Oyster at a price of CAD 0.27, Gunsynd announces that it has exercised the warrant in full at a cost of CAD 270,000 (approximately £165,000).
The share price of Oyster was CAD 0.48 as at the close of trading on 2 March 2017.
For further information, please contact:
Gunsynd plc: |
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Hamish Harris/Donald Strang |
+44 (0) 20 7440 0640 |
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Nominated Adviser / NEX Exchange Corporate Adviser: |
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Cairn Financial Advisers LLP |
|
James Caithie/Liam Murray |
+44 (0) 20 7213 0880 |
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Joint Broker: |
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Peterhouse Corporate Finance |
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Lucy Williams |
+44 (0) 20 7469 0930 |
