Gunsynd PLC Exercise of Warrants in Oyster Oil and Gas (5339Y)
06 März 2017 - 8:00AM
UK Regulatory
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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