Proactive Investors - Run By Investors For Investors

GoldStone Resources RNS Release

Directorate Changes

RNS Number : 5400G
Goldstone Resources Ltd
23 November 2015

23 November 2015



("GoldStone" or the "Company")




GoldStone Resources Limited (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to announce the appointment of Mr Kerry Parker as a Non-Executive Director with immediate effect.  Mr Parker is replacing Mr Andrew McIlwain as Unity Mining Limited's ("Unity"), the Company's second largest shareholder, representative on the Board.  Mr McIlwain has resigned with immediate effect having recently stepped down as Managing Director and CEO of Unity.  The Board wishes to extend its thanks and gratitude to Mr McIlwain for his invaluable assistance during his near four years of service to the Company.


Mr Parker is an experienced financial and commercial executive with over 25 years of experience both in Australia and internationally.  Mr Parker's experience includes significant equity and debt raising, M&A, commercial negotiation, planning and strategy development.  He is currently the Chief Financial Officer of ASX listed Unity.  Prior to joining Unity, Mr Parker held the role of Chief Financial Officer at ASX listed Discovery Metals Limited.  Other previous roles included Chief Financial Officer and Company Secretary roles at CH4 Gas Limited, Arrow Energy Limited, Inova Resources Limited and Panax Geothermal Limited.  Mr Parker holds a Bachelor of Business degree, and is a member of the Institute of Chartered Accountants of Australia and the Australian Institute of Company Directors.


Additional information on Kerry John Parker


The additional information below is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies ("AIM Rules"):


Kerry John Parker (aged 48)


Current Directorships

Past Directorships (within last five years)

Bendigo Mining Pty Ltd

Big Island Mining Pty Ltd

Dargues Gold Mine Pty Ltd

FDBC Resources Pty Ltd

Gabba Resources Pty Ltd

Gabba Resources (Domestic) Pty Ltd

Gabba Resources (International) Pty Ltd

Henty Gold Pty Ltd

Moreton Gold Pty Ltd

Norman Park Resources Pty Ltd

Parker Accounting Services Pty Ltd

Parker Ambor Family Pty Ltd

Parker Investments Brisbane Pty Ltd

Resource Capital Finance and Advisory Pty Ltd

Wombola Gold Pty Ltd

Chinova Resources Cloncurry Mines Pty Ltd

Chinova Resources Operations Pty Ltd

Chinova Resources Osborne Pty Ltd

Chinova Resources Tennant Creek Pty Ltd

Discovery Copper Botswana

Discovery Copper Mauritius

Discovery Metals Botswana

Discovery Metals Mauritius

Osiris Energy Ltd

Panax Holdings Pty Ltd

Raya Group Limited

Panax Singapore #1 PTE

Panax Singapore #2 PTE

Panax Singapore #3 PTE

Scopenergy Petroleum Pty Ltd

Scopenergy Pty Ltd

Thynne Avenue Pty Ltd

Waratah Power Pty Ltd


Mr Parker was previously the Chief Financial Officer and Company Secretary of ASX listed Discovery Metals Limited, during which period Discovery Metals Limited went into voluntary liquidation commencing February 2015. Creditors were left with a shortfall of approximately US$60.0 million from the group.  Mr Parker was also a Director at subsidiaries of the group, being, Discovery Copper Botswana, Discovery Metals Botswana, Discovery Copper Mauritius and Discovery Metals Mauritius, which also became insolvent and whose shortfall to creditors is included in the above total.


There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two of the AIM Rules.




For further information, please contact:


GoldStone Resources Limited

Jurie Wessels

+27 (0)21 913 0388

Strand Hanson Limited

Richard Tulloch / Andrew Emmott

+44 (0)20 7409 3494

Scott McGregor

+27 (0)87 828 0407

SI Capital Limited

Nick Emerson / Andy Thacker

+44 (0)1483 413 500


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

GoldStone Resources Timeline

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use