Gunsynd (GB:GUN) has released an update.
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Gunsynd PLC has successfully secured £250,000 in funding through the issuance of 200 million new ordinary shares, accompanied by 100 million warrants. The capital raised is earmarked for general working capital, investment activities in line with company policy, and further development of recent Canadian acquisitions. The company’s directors also participated in the share placing, contributing to a combined post-transaction shareholding of 4.90%.
For further insights into GB:GUN stock, check out TipRanks’ Stock Analysis page.
