Gunsynd PlcLSE: GUN

Further Partial Disposal of Shares in Charger

· Issued by Gunsynd Plc

10 May 2022    Gunsynd plc

("Gunsynd" or the "Company")

Further Partial Disposal of Shares in Charger Metals NL

Further to the announcement on 31 January 2022, Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has further partially disposed of holdings in one of its investee companies, Charger Metals NL ("Charger") (ASX: CHR).

The disposal was executed via the sale of 175,000 shares on the market at an average price per share of approximately 93 cents AUD for proceeds of approximately AUD$163,000 (approximately £93,000) after costs.

Following this disposal, Gunsynd continues to hold 2.825 million shares in Charger representing approximately 5.6%.

The Directors of Gunsynd accept responsibility for this announcement.

For further information please contact:

Gunsynd plc

Hamish Harris/ Peter Ruse

+44 (0) 78 7958 4153

Cairn Financial Advisers LLP

James Caithie / Liam Murray

+44 (0) 20 7213 0880

Peterhouse Capital Limited

Lucy Williams

+44 (0) 20 7469 0936