Gunsynd Expands High-Grade Manitoba Gold Footprint and Boosts Employee Trust Stake

Gunsynd ( (GB:GUN) ) has shared an announcement.

Gunsynd has signed a binding property purchase agreement to acquire a 100% interest in four high-grade gold claims in Manitoba—Lotus 1 and 2, Denver and Brook—expanding its Barb Gold Project land package in the Rice Lake greenstone belt. The licences include the historic Lotus Mine and Denver and Betty shafts, where historic drilling and sampling by previous operators reported significantly higher grades than Gunsynd’s prior assays, providing immediate high-priority drill targets near key structural controls such as the Wanipigow fault. The company will pay CAD$250,000 in cash to the vendor on closing, grant a 2.5% net smelter royalty with an option to buy back up to 60%, and issue 11.65 million new shares to a third party connected to the transaction, underscoring a mix of cash and equity funding. Separately, Gunsynd has issued 50 million new shares to its Employee Benefit Trust at par value, taking the EBT’s holding to about 8.79% of the enlarged share capital, with admission of these shares to trading on AIM expected around 16 January 2026, and total voting rights rising to 1.59 billion shares. These moves further consolidate Gunsynd’s position in the district and align employee incentives as it works with project operator Critical Discoveries to fast-track permitting and near-term exploration, although the historical grades cited have not been reported under modern resource reporting codes.

The most recent analyst rating on (GB:GUN) stock is a Hold with a £0.11 price target. To see the full list of analyst forecasts on Gunsynd stock, see the GB:GUN Stock Forecast page.

Spark’s Take on GB:GUN Stock

According to Spark, TipRanks’ AI Analyst, GB:GUN is a Neutral.

The score is held down primarily by weak financial performance (ongoing losses and continued negative operating/free cash flow) and bearish technicals (price below key moving averages with negative MACD). A debt-free balance sheet with positive equity is a stabilizing factor, but valuation remains constrained by losses and no dividend data.

To see Spark’s full report on GB:GUN stock, click here.

More about Gunsynd

Gunsynd PLC is an AIM-quoted investment company focused on natural resources, with current activity centred on gold exploration in Canada. Through its Barb Gold Project in Manitoba’s Rice Lake greenstone belt, the company is building a land package in a prolific orogenic gold district that is regionally linked to Ontario’s high-grade Red Lake belt.

Average Trading Volume: 29,329,954

Technical Sentiment Signal: Sell

Current Market Cap: £1.67M

For detailed information about GUN stock, go to TipRanks’ Stock Analysis page.