17 October 2017
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GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")
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Director/PDMR Notification
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GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, announces that Bill Trew, Non-Executive Chairman of the Company, has today purchased 2,000,000 ordinary shares of 1 penny each ("Ordinary Shares") at a price of 1.6 pence per Ordinary Share.
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Mr Trew is a director and shareholder of Paracale Gold Limited, which currently holds 70,352,377 ordinary shares in Goldstone representing 28.17% of its currently issued share capital. Following the Share Transfer, Bill Trew and Paracale Gold Limited will be interested in, in aggregate, 74,352,377 Ordinary Shares, representing 29.78% of the Company's currently issued share capital.
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For further information, please contact:
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GoldStone Resources Limited |
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Emma Priestley / Bill Trew |
Tel: +44 (0)20 7830 9650 |
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Strand Hanson Limited |
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Richard Tulloch / James Bellman |
Tel: +44 (0)20 7409 3494 |
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SI Capital Limited |
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Nick Emerson |
Tel: +44 (0)1483 413 500 |
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About GoldStone Resources Limited
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GoldStone Resources Limited (AIM: GRL) is an AIM quoted exploration company with projects in Ghana, Senegal, and Gabon that range from grassroots to advanced exploration.
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The Company is focused on developing the Homase-Akrokerri project in south-western Ghana, which hosts an existing 602,000 oz gold JORC Code compliant resource at an average grade of 1.77g/t, along strike from the Obuasi Gold Mine, one of the World's major gold mines with a total historical and current resource in excess of 70 million ounces of gold. �It is the Company's intention to build a portfolio of high-quality gold projects in Ghana, with a particular focus on the highly prospective Ashanti Gold Belt.
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PDMR Notifications
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
William Trew |
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2. |
Reason for the Notification |
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a) |
Position/status |
Director of the Company |
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b) |
Initial notification/amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Goldstone Resources Limited |
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b) |
LEI |
213800B7ATYRPQUTS551 |
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4. |
Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of 1 penny each in the share capital of the Goldstone Resources Limited |
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Identification code |
JE00BRJ8YF63 |
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b) |
Nature of the Transaction |
Purchase of� Ordinary Shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
N/A (Single transaction) |
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e) |
Date of the transaction |
17 October 2017 |
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f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
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