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GoldStone Resources RNS Release

Change of Holdings

RNS Number : 6726W
Goldstone Resources Ltd
28 April 2016
 

28 April 2016

 

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")

 

Change of Holdings

 

GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, announces that it has today been notified by Unity Mining Ltd ("Unity") that Unity has entered into a binding agreement for the disposal of all of its ordinary shares of 1.0 pence each in the capital of the Company ("Ordinary shares"), being 12,013,173 Ordinary Shares, for an aggregate consideration of £225,000, which is expected to complete on 3 May 2016 (the "Transaction").

 

The Company has also been notified today by Metal Tiger plc, who already hold 2,250,000 Ordinary Shares, and Red Rock Resources plc that as a result of the Transaction, they will each be interested in 8,256,586 and 6,006,587 Ordinary Shares respectively, representing approximately 13.26% and 9.64% of Goldstone's issued share capital respectively on completion.

 

**ENDS**

 

For further information, please contact:

 

GoldStone Resources Limited


Christopher Hall / Neil Gardyne

+44 (0)20 7830 9650/ +27 (0)82 490 4427



Strand Hanson Limited


Richard Tulloch / Andrew Emmott

+44 (0)20 7409 3494



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
 
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