TIDMGUN

RNS Number : 5339Y

Gunsynd PLC

06 March 2017

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 GBP125,000 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 GBP165,000).

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: 
 Hamish Harris/Donald         +44 (0) 20 7440 
  Strang                       0640 
 
 Nominated Adviser 
  / NEX Exchange Corporate 
  Adviser: 
 Cairn Financial 
  Advisers LLP 
 James Caithie/Liam           +44 (0) 20 7213 
  Murray                       0880 
 
 Joint Broker: 
 Peterhouse Corporate 
  Finance 
                              +44 (0) 20 7469 
 Lucy Williams                 0930 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 06, 2017 02:00 ET (07:00 GMT)

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