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26 Feb 2010 15:34

RNS Number : 7799H
Stratex International PLC
26 February 2010
 



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

26 February 2010

Stratex International Plc ('Stratex' or 'the Company')

Total Voting Rights

For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of ordinary shares of 1p each in the capital of the Company in issue as at the date of this notice is 286,776,366 with each share carrying the right to one vote.

 

There are no shares held in treasury.

 

Therefore, the total number of voting rights in the Company is 286,776,366.

 

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

 

* * ENDS * *

 

For further information visit www.stratexinternational.com or contact:

 

David Hall

Stratex International Plc

Tel: +44 (0)20 7830 9650

Bob Foster

Stratex International Plc

Tel: +44 (0)20 7830 9650

Tim Metcalfe

Westhouse Securities

Tel: +44 (0) 20 7601 6100

Martin Davison

Westhouse Securities

Tel: +44 (0) 20 7601 6100

Felicity Edwards

St Brides Media & Finance

Tel: +44 (0) 20 7236 1177

Isabel Crossley

St Brides Media & Finance

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 in Turkey and Ethiopia. In 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:

 

1. A partnership with NTF, a technically capable and well-financed Turkish company, to rapidly develop the 542,318 oz oxide resources present at the Altıntepe and Inlice projects in Turkey.

2. An option/joint venture agreement with Centerra Gold Inc. to explore and develop the Öksüt project, a high-sulphidation gold discovery located in Central Anatolia in Turkey. 

3. An option / joint venture agreement with Teck Resources of Canada, a major shareholder in Stratex, over the Hasancelebi project, a high-sulphidation gold project in central Turkey.

4. An option / joint venture with PLUS-quoted exploration company Sheba Exploration (UK) plc to earn-in to an initial 60% of the prospective 50 sq km Shehagne gold project in Ethiopia and explore targets in northern Ethiopia on a 70:30 joint venture basis. It also holds a 5.45% shareholding in Sheba Exploration (UK) plc.

 

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