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  • This share is currently suspended. It was suspended at a price of 2.15

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Goldstone Shares Suspended Amid Administrative Error In Annual Filings

Wed, 08th Apr 2020 16:51

(Alliance News) - Goldstone Resources Ltd on Wednesday said its shares have been suspended from trading on London's junior AIM market.

The west and central Africa-focused gold explorer said it requested shares be suspended as the company was dissolved - effective from October 1 - by the Jersey Registrar of Companies.

Golstone said the company was dissolved as certain annual filings to the registrar were not made and certain associated fees were not paid. It added that it is investigating why the necessary actions were not taken but believes the omissions were due to an administrative error.

The company said it is currently working to get the issues resolved, assuring that it does not expect its operational progress in Ghana to be hurt.

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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10 Apr 2024 19:30

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Goldstone Resources Ltd - Ghana-focused gold producer and explorer - Publishes accounts for full-year 2022 and the first half of 2023 after a protracted delay. In 2022, pretax loss narrows to USD674,413 from USD1.5 million in 2021, while revenue rises to USD8.9 million from nothing. In the first half of 2023, pretax loss widens to USD3.7 million from USD648,167, while revenue falls to USD245,425 from USD5.3 million. Chief Executive Officer Emma Priestley says: "It is with cautious optimism that I look forward to 2024. 2023 was a difficult period of hard-won lessons, but these lessons will be valuable as we go into [the second half of] 2024."

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Goldstone shares rise on mineralisation extension at Akrokeri mine

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