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Last checked at 
8 Dec 2009 12:00
Stratex International Plc / Index:Β AIMΒ / Epic:Β STIΒ / Sector: Mining
8 December 2009
Stratex International Plc ('Stratex' or 'the Company')Β
Directors' Shareholdings
Stratex International Plc,Β the AIM quoted international exploration andΒ development company,Β was notified today that Dr Robert Foster, CEO of Stratex, purchased 59,523 ordinary shares in the Company at 3.36p per share, and Mr. Perry Ashwood, Finance Director of Stratex, purchased 27,321 ordinary shares in the Company at 3.60p per share.
Dr Foster now holds 6,974,134 ordinary shares in the Company, which equates to 2.79% of the issued share capital, and Mr Ashwood now holds 1,477,342 ordinary shares in the Company, which equates to 0.59% of the issued share capital.
* * ENDS * *
For further information visitΒ www.stratexinternational.comΒ or contact:
|
David Hall / Bob Foster |
Stratex International Plc |
Tel: +44 (0) 20 7830 9650 |
|
Tim Metcalfe /Β Martin DavisonΒ |
WesthouseΒ Securities Limited |
Tel: +44 (0) 20 7601 6100 |
|
Jason Bahnsen |
Fox Davies CapitalΒ |
Tel +44 (0) 20 7936 5230 |
|
Felicity EdwardsΒ /Β Isabel Crossley |
St Brides Media & Finance Ltd |
Tel: +44 (0) 20 7236 1177 |
Notes to editors:
Stratex International Plc is an AIM-quoted exploration and development company currently focussing on gold and base metal opportunities inΒ TurkeyΒ andΒ Ethiopia. InΒ Turkey, the Company's total resources stand at circa 1 million oz of gold (combined oxide and sulphide gold) and approximately 3.2 million oz of silver.
Stratex's proven strategy is to discover and develop new projects by focussed low-cost exploration, thus adding maximum value prior to optioning/joint venturing or selling on to a dedicated mining company. In this respect it now has four key associations:
A partnership with NTF, a technically capable and well-financed Turkish company, to rapidly develop the 542,000 oz oxide gold resources present at the AltΔ±ntepe and Inlice projects inΒ Turkey.
An option/joint venture agreement with Centerra Gold Inc. to explore and develop the ΓksΓΌt project, aΒ high-sulphidationΒ gold discovery located inΒ Central Anatolia inΒ Turkey.Β
A joint venture agreement with Teck Resources of Canada, a major shareholder in Stratex, over the Hasancelebi project, aΒ high-sulphidationΒ gold project in centralΒ Turkey.
A joint venture withΒ PLUS-quoted exploration companyΒ Sheba Exploration (UK) plc to earn-in to an initial 60% of the prospective 50 sq km Shehagne gold project inΒ EthiopiaΒ and explore targets in northernΒ EthiopiaΒ on a 70:30 joint venture basis. It also holds aΒ 5.45% shareholding in Sheba Exploration (UK) plc.
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