Grant of Options

RNS Number : 4384B

Goldstone Resources Ltd

15 August 2008

 



GoldStone Resources Ltd 

Grant of Options

GoldStone Resources Ltd ('GoldStone' or 'the Company') (AIM: GRL) announces the cancellation of the 3,120,000 existing options granted under the GoldStone Resources Share Option Scheme ('Share Option Scheme') to Directors of the Company.     

Following an amendment to the Share Option Scheme, the Company announces that on 15 August 2008 GoldStone granted options to subscribe for 6,500,000 ordinary shares of 1p each to four Directors and an employee of the Company. The options are exercisable at a price of 1.5p for a five year period commencing one year after the date of grant.

The following options have been issued to Directors:

Director	Options granted
Nico van der Hoven	1,500,000
Jurie Wessels	1,500,000
Hendrick Schloemann	1,500,000
Lawrie Minter	1,500,000

Enquiries:

GoldStone Resources Ltd	00 27 21 794 4004
Nico van der Hoven (Chief Executive Officer)
Hanson Westhouse Limited	00 44 113 246 2610
Tim Feather / Matthew Johnson

 

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