Disposal of Shares in Investee Companies
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Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has disposed of holdings in some of its investee companies being Charger Metals NL ("Charger") (ASX: CHR); Pacific Nickel Mines Limited ("Pacific Nickel") (ASX: PNM); and Rincon Resources Limited (" Rincon") (ASX: RCR) which are set out below:
| I nvestee company | N umber of shares sold | A verage price per share (approximately) | T otal proceeds* | Resultant shareholding | Approximate resultant shareholding % |
|---|---|---|---|---|---|
| Charger | 447,458 | AUD$0.14 | AUD$61,833 (approximately £32,040) | 852,542 | 1.1% |
| Pacific Nickel | 1,783,002 | AUD$0.08 | AUD$143,441 (approximately £74,320) | 996,838 | 0.2% |
| Rincon | 7,065,812 | AUD$0.04 | AUD$248,361 (approximately £128,685) | 4,000,000 | 1.8% |
*GBP figures based on exchange rate at market close 2 April 2024
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