Conversion of Loan Note in Zenith Energy Limited

RNS Number : 1077A

Gunsynd PLC

21 March 2017

 

Gunsynd plc

("Gunsynd", or the "Company")

Conversion of Loan Note in Zenith Energy Limited

Gunsynd PLC has issued notice to Zenith Energy Limited ("Zenith") of the conversion of its £100,000 convertible note (the "Convertible Note") into shares of Zenith at the conversion price of CAD$0.10.  Upon conversion of the Convertible Note 1,637,100 shares will be issued to Gunsynd. 

For further information, please contact:

Gunsynd plc:
Hamish Harris/Donald Strang	[phone]
Nominated Adviser / NEX Exchange Corporate Adviser:
Cairn Financial Advisers LLP
James Caithie/Liam Murray	[phone]
Joint Broker:
Peterhouse Corporate Finance
Lucy Williams	[phone]

 

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