What a year for the Gunsynd team, so much has happened over 2020, Zak spoke with Peter for a catch-up and what is the short term news flow to come.
Perhaps what has been the most remarkable aspect of the rise and rise of mining investor Gunsynd, and what has placed it in the top three of this particular collection, is the way that the company managed to emerge from being an obscure shell to the favourite of both punter and professional investor alike.
Given the small initial market cap and by implication relatively small funds to play with, we were treated to an exemplary run of investments by the company, culminating in the run-up to the Rincon IPO at the end of December. While there is no question that there has been a boom in the Australian mining space, Gunsynd has proven it is not a one-trick or one geography pony, something which sets the company up for even greater achievements going into 2021. Underlining the merits of team, Messrs Harris, Strang and Ruse, has been the latest addition of serial entrepreneur Chris Akers to the shareholder register.
Angold Resources Ltd has completed the acquisition of Federal Gold Corp. The shares of Angold are expected to begin trading on the TSX Venture Exchange on 31 Dec 2020…
About Angold Resources Ltd.
Angold is an exploration and development company targeting large-scale mineral systems in the proven districts of the Ontario, Maricunga and Nevada. Angold owns a 100% interest in the South-Bay Uchi, Dorado and Cordillera projects, and certain claims that append the optioned Iron Butte project.
Peter Ruse, a director of Gunsynd, commented: “We are pleased to announce this update for the completion of the Angold/Federal Gold RTO and the official listing date on the TSXV. The listing will mark a meaningful step for Angold Resources as its looks to develop its two core projects situated in the two very mining-friendly jurisdictions of Chile and Nevada, USA”
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
