13 Oct 2016 07:03
13 October 2016
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")
Claim by former director and employee of the Company
GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, announces that it has been made aware that a former director and employee of the Company has made a claim in The Labour Court of South Africa for certain sums relating to the termination of his employment. The sum being sought would represent a significant proportion of the Company's current cash resources.
The Company is considering the claim with its legal advisers and intends to robustly defend the claim and will make further announcements as and when appropriate.
For further information, please contact:
GoldStone Resources Limited | |
Emma Priestley/ Neil Gardyne | +44 (0)20 7830 9650 / +27 (0)82 490 4427 |
Strand Hanson Limited | |
Richard Tulloch / James Bellman | +44 (0)20 7409 3494 |
SI Capital Limited | |
Nick Emerson / Andy Thacker | +44 (0)1483 413 500 |
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
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Goldstone Resources (GRL)