Claim by former director

RNS Number : 4339M

Goldstone Resources Ltd

13 October 2016

 

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	[phone] / [phone]
Strand Hanson Limited
Richard Tulloch / James Bellman	[phone]
SI Capital Limited
Nick Emerson / Andy Thacker	[phone]

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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