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Holding in Goldstone Resources Limited

6 Sep 2017 15:59

RNS Number : 0262Q
Stratex International PLC
06 September 2017
 

 

Stratex International Plc / Index: AIM / Epic: STI / Sector: Mining

 

Stratex International Plc

 

"Stratex" or the "Company"

 

Holding in Goldstone Resources Limited

 

Stratex, the AIM quoted gold exploration and development company, reports that Goldstone Resources Limited ("Goldstone"), in which the Company holds a significant interest, has today announced the issue of 801,550 ordinary shares of 1 pence each ("Goldstone Ordinary Shares") to directors of Goldstone in lieu of salaries accrued ("Fee Shares") in August 2017. This follows earlier issues of Fee Shares to Goldstone directors in June, July and August 2017 in lieu of salaries accrued in May, June and July 2017 respectively (see Goldstone announcements of 8 June 2017, 11 July 2017 and 1 August 2017). As set out in Goldstone's announcements of 3 April 2017 and 2 June 2017, the Directors have agreed, in order to preserve cash, to convert salaries and fees through to the end of September 2017 into Goldstone Ordinary Shares. Stratex's holding in Goldstone now stands at 22.97%.

 

 

* * ENDS * *

 

For further information please visit www.stratexinternational.com, @StratexPLC on Twitter, email info@stratexplc.com, or contact:

 

 

Stratex International Plc

Tel: +44 (0)20 7830 9650

Marcus Engelbrecht / Claire Bay

 

Grant Thornton UK LLP

Tel: +44 (0)20 7383 5100

Samantha Harrison / Daniel Bush

 

Hannam & Partners

Tel: +44 (0)20 7907 8500

Neil Passmore / Andrew Chubb

 

 

Camarco

Tel: +44 (0)20 3757 4980

Gordon Poole / Nick Hennis / Monique Perks

 

 

Notes to Editors:

 

Since listing in 2006, Stratex has discovered more than 2.2 million ounces of gold and 7.09 million ounces of silver, as well as 186,000 tonnes of copper. The Company owns 15% of a copper-gold project at feasibility stage and an exciting exploration project in Senegal. The Company also has significant interests in Goldstone Resources Ltd, Thani Stratex Resources Ltd and Tembo Gold Corp. for their exploration projects in Ghana, Djibouti and Egypt, and Tanzania respectively.

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLSSMFLMFWSEIU
Date   Source Headline
13th Apr 20173:45 pmRNSHolding(s) in Company
3rd Apr 20171:00 pmRNSLoan, Board Changes and Related Party Transaction
6th Feb 20178:18 amRNSHolding(s) in Company
3rd Feb 20177:00 amRNSUpdate on auger drilling at Homase-Akrokerri
26th Jan 20177:00 amRNSUpdate on diamond drilling at Homase, Ghana
12th Dec 20162:30 pmRNSHolding(s) in Company
29th Nov 20167:00 amRNSUpdate on Drilling Programme for Homase
11th Nov 20167:00 amRNSUpdate on exploration of the Akrokerri licence
20th Oct 20167:00 amRNSTechnical Agreement with Stratex
13th Oct 20167:03 amRNSClaim by former director
19th Sep 20167:05 amRNSBoard Changes
19th Sep 20167:00 amRNSInterim Results
13th Sep 20167:00 amRNSOperational Update
19th Aug 20163:00 pmRNSHolding(s) in Company
19th Aug 201611:00 amRNSDirector Dealing
16th Aug 20169:00 amRNSHolding(s) in Company
28th Jul 201612:30 pmRNSResult of AGM
28th Jul 20169:52 amRNSConditional £1.0m Fundraise and Director Change
12th Jul 201611:15 amRNSNotice of AGM
30th Jun 20167:00 amRNSDirectorate Changes
29th Jun 20167:00 amRNSFinal Results
7th Jun 20167:00 amRNSAgreement with Jurie Wessels
7th Jun 20167:00 amRNSIncrease in loan facility
27th May 20162:23 pmRNSBoard Changes
28th Apr 201611:21 amRNSChange of Holdings
18th Feb 20161:30 pmRNSChanges to the Board and Management
18th Feb 20161:30 pmRNSChanges to Goldstone Board and Management
22nd Dec 201511:15 amRNSResult of AGM
16th Dec 20152:18 pmRNSNotice of AGM
1st Dec 201511:58 amRNSHolding(s) in Company
23rd Nov 20157:00 amRNSDirectorate Changes
30th Sep 20159:00 amRNSGoldStone Announces Interim Results
30th Sep 20157:00 amRNSInterim Results
23rd Jun 20157:00 amRNSFinal Results
4th Jun 20157:00 amRNSIncreased interest in the Homase Licence, Ghana
21st May 20157:00 amRNSOperational Update:Homase/Akrokerri Project, Ghana
12th Mar 20157:00 amRNSDirectorate Change
2nd Mar 20157:00 amRNSAppointment of Nominated Adviser and Broker
10th Feb 20157:00 amRNSOperational Update: Homase/Akrokerri Project
15th Jan 201512:39 pmRNSChange in financial year end
28th Nov 20147:01 amRNSGoldStone Announces Interim Results
28th Nov 20147:00 amRNSAppointment of New Director
28th Nov 20147:00 amRNSHalf Yearly Report and Directorate Change
30th Oct 201410:11 amRNSResult Of AGM & EGM, Subscription And Directorate
14th Oct 20147:00 amRNSSubscription and Share Consolidation
26th Sep 201410:42 amRNSIssue of Equity and Director PDMR Shareholding
25th Sep 20147:00 amRNSProgress on Subscription Agreement
29th Aug 20147:00 amRNSFinal Results
21st Jul 20147:00 amRNSStrategic Investment in West African Gold Explorer
21st Jul 20147:00 amRNSProposed Subscription & Share Consolidation

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