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Directors Share Purchase

15 Apr 2013 07:00

RNS Number : 2958C
Stratex International PLC
15 April 2013
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ο»Ώ

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

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Stratex International Plc

("Stratex" or the "Company")

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Directors' Shareholdings

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Stratex, the AIM-quoted exploration and development company focused on gold and base metals in Turkey, East Africa and West Africa, has been notified of the following purchases of ordinary shares in the Company by the Company's Directors, made on Friday 12th April 2013 at prices ranging from 4.625 pence per share to 4.85 pence per share.

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Number of shares purchased

Total number of shares now held

% of total issued ordinary share capital

Christopher Hall

Β Non-Executive Chairman

105,000

212,143

0.05

Dr. Robert Foster

Β Chief Executive Officer

275,000

7,368,527

1.58

Perry Ashwood

Β Chief Financial Officer

210.000

1,744,485

0.37

David Hall

Β Executive Director

100,000

12,684,624

2.71

John Cole-Baker

Β Executive Director

210,000

785,669

0.17

Peter Addison

Β Non-executive Director

75,000

217,857

0.05

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* * ENDS * *

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

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Stratex International Plc

Tel: +44 (0)20 7830 9650

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Bob Foster / Β Claire Bay

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Grant Thornton Corporate Finance

Tel: +44 (0)20 7383 5100

Gerry Beaney / Melanie Frean / Jen Clarke

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Northland Capital Partners Limited

Tel: +44 (0)20 7796 8800

Gavin Burnell / John-Henry Wicks / John Howes (Sales)

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Yellow Jersey PR Limited

Tel: +44 (0)20 3664 4087

Dominic Barretto / Anna Legge / Philip Ranger

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Notes to editors:

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Stratex International is a well-funded AIM-quoted exploration and development company focussed on gold and high-value base metals in Turkey, East Africa and West Africa. Since listing on AIM in 2006, Stratex has had an impressive track record of successful exploration supported by joint-venture partnerships, both with major international mining companies and local companies to maximise the potential of its discoveries.

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In December 2012 the Company announced the sale of its 30% interest in the Γ–ksΓΌt gold project for cash of 20 times its original US$1 million investment and retained a royalty of 1% up to a maximum additional value of US$20 million.

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It currently has a substantial portfolio of projects, with AltΔ±ntepe in Turkey scheduled for gold production in late 2013 or Q1 2014. To date Stratex has discovered more than 2.2 million ounces of gold and 7.9 million ounces of silver, as well as 186,000 tonnes of copper.

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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