Gunsynd PLC - London-based investment company focused on the natural resources, life sciences & alcohol sector - Investee company Pacific Nickel Mines Ltd allots 15.6 million shares at an issue price of A$0.08. Says Pacific Nickel shares are for the acquisition of an 80% interest in the Kolosori Nickel Project. Gunsynd now holds 3.1 million shares of Pacific Nickel, representing around 1.1% of Pacific Nickel’s issued share capital.

Current stock price: 0.35 pence

12-month change: down 67%

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