Source - Alliance News

Gunsynd PLC - investor in companies and projects in the natural resource sector - Notes announcement by Richmond Hill Resources PLC of a WRAP retail offer made in conjunction with its AIM initial public offering to raise up to £250,000 through the issuance of up to 250 million shares at 1 pence each. In addition, Richmond Hill completes a placing of £1.4 million before expenses. At June 30, Gunsynd held a 3.43% stake in Richmond Hill alongside loans outstanding (including interest) of £144,259.

Current share price: 0.18 pence, closed up 3.7% in London on Wednesday

12-month change: up 53%

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