Further to the announcement of 5 March 2021, Gunsynd Plc (AIM: GUN, AQSE: GUN) is pleased to announce that Rogue Baron Plc (“Rogue Baron”) one of Gunsynd’s investee companies, is expected to begin trading on the Access segment AQSE Growth Market today, under the ticker symbol AQSE: SHNJ.
On admission, following the conversion of all of the principal of its loan notes and grant to it of fee shares, Gunsynd will hold 24,543,563 ordinary shares in Rogue Baron, representing 28.48% of its issued share capital. These ordinary shares are subject to a lock-in period. Following admission, Gunsynd will retain a balance of £111,464 of Convertible Loan Notes consisting of accrued interest.
About Rogue Baron
Rogue Baron is a premium spirits company whose flagship drink is Shinju Whisky which is currently being sold in numerous states in the USA.
Hamish Harris, Executive Chairman, commented: “This listing of Rogue Baron follows those of our other investee companies Empress Royalty, Angold Resources and Rincon Resources in a short but rather productive period of time. In addition, Low6, a UK based, influencer led, B2B pool betting platform is making its preparations to list in Q2 2021. Gunsynd continues to look at new investments in line within its stated investment policy.”
The directors of the Company are responsible for the release of this announcement.
Forward Looking Statements
This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the Company’s ability to execute and implement future plans, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.
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