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Gunsynd Ends Black Schist Project Involvement

Gunsynd Ends Black Schist Project Involvement

Gunsynd (GB:GUN) has released an update.

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Gunsynd PLC has mutually agreed with Metals One to terminate their farm-in to the Black Schist project in Finland. The initial 6.25% stake Gunsynd acquired for £250,000 can now be re-acquired by Metals One within three years under certain conditions. Additionally, as part of the termination, Gunsynd’s warrants to subscribe for 1,500,000 Ordinary Shares in Metals One have been canceled.

For further insights into GB:GUN stock, check out TipRanks’ Stock Analysis page.

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