GRANT OF OPTIONS

RNS Number : 0759E

Goldstone Resources Ltd

01 April 2011

 



1 April 2011

GOLDSTONE RESOURCES LIMITED

GRANT OF OPTIONS

GoldStone Resources Limited ("GoldStone" or the "Company") announces that on 31 March 2011 Jurie Wessels, Chief Executive Officer, and Dr. Hendrik Schloemann, Exploration Director, were each granted options to subscribe for a total of 2,700,000 ordinary shares of 1p each in the Company.

The options are exercisable as follows:

Director	Number of options	Exercise price	Exercise period
Jurie Wessels	900,000	10p	31 March 2012 to 31 March 2015
	900,000 900,000	12p 14p	31 March 2013 to 31 March 2016 31 March 2014 to 31 March 2017
Dr. Hendrik Schloemann	900,000	10p	31 March 2012 to 31 March 2015
	900,000 900,000	12p 14p	31 March 2013 to 31 March 2016 31 March 2014 to 31 March 2017

Following the grant of these new options, Mr. Wessels and Dr. Schloemann each hold options over 7,600,000 ordinary shares in the Company.

Enquiries:

GoldStone Resources Limited	[phone]
Jurie Wessels
Westhouse Securities Limited	[phone]
Tim Feather / Matthew Johnson
Optiva Securities Limited
Jason Robertson	[phone]
Jeremy King	[phone]
Walbrook PR	[phone]
Bob Huxford / Jack Rich

 

END

 

 

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