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	[phone]/ [phone]
Strand Hanson Limited
Richard Tulloch / Andrew Emmott	[phone]
SI Capital Limited
Nick Emerson / Andy Thacker	[phone]

 

END

 

 

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