Angold Resources Ltd - Capital Raising
Gunsynd plc
("Gunsynd" or the "Company")
Angold Resources Ltd - Capital Raising
Gunsynd Plc (AIM: GUN, AQSE: GUN) is pleased to announce that, further to the announcement of 30 September 2020, Federal Gold Corp. (to be renamed Angold Resources Ltd subject to completion of a reverse takeover as detailed below ("Angold" or the "Issuer")) has closed its previously announced capital raising (in which Gunsynd has invested C$100,000 (approximately £58,000)) at a price of C$0.40 per ordinary share for gross proceeds of C$8,000,000 (approximately £4,650,000).
Subject to a number of remaining conditions, including receipt of regulatory consents and TSX Exchange approval, the Issuer will complete a reverse takeover of ZTR Acquisition Corp (ZTR.H:APH) ("ZTR"), whereby ZTR will acquire all of the issued and outstanding share capital of the Issuer.
A further announcement will be made in due course.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
The Directors of Gunsynd accept responsibility for this announcement.
For further information please contact:
|
Gunsynd plc Hamish Harris / Peter Ruse
|
+44 (0) 78 7958 4153
|
|
Cairn Financial Advisers LLP James Caithie / Liam Murray / Mark Rogers
|
+44 (0) 20 7213 0880 |
|
Peterhouse Capital Limited Lucy Williams |
+44 (0) 20 7469 0936 |
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.
Latest directors dealings
- 4 hours ago Origin Enterprises (CDI)
- 5 hours ago Molten Ventures
- 5 hours ago Paragon Banking Group
- 5 hours ago North American Income Trust (The)
- 5 hours ago Acg Acquisition Company Limited Cls A Npv (DI)