REG - Goldstone Resources - Director Appointments

Goldstone ResourcesAnnouncement

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RNS Number : 3777M  Goldstone Resources Ltd  22 December 2025

22 December 2025

 

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")

 

Director Appointments

 

GoldStone Resources Limited (AIM: GRL) is pleased to announce the appointment
of two independent non-executive directors to its Board of directors, Mr
Richard Kofi Amegashie and Mr Michael Jones with immediate effect.

 

Kofi Amegashie

 

Kofi has a 30 year international business background, having worked across a
broad range of industries, including Energy, Pharmaceuticals, Financial
Services, Development Finance, and Consulting, specialising in Strategic
Development, Supply Chain Management, Supplier Development, Consumer
Marketing, Commercial Leadership and Operations Management. He has a track
record of executing strategic initiatives, operational transformations,
complex project delivery, business case development and people development.
Kofi has experience working with a number of blue chip multinational
companies, including Chevron, Shell, Coca-Cola, Alexander Forbes, Adcock
Ingram, Hikma, PATH, the IFC and the World Bank.

 

Since 2021, Kofi has been a lecturer in Strategic and International Business
Management at Coventry Business School, where he has run MBA Apprenticeship
programs and Hertfordshire Business School teaching on the MSc International
Management.

 

Kofi is a Sloan Fellow with a Master of Science in Management from London
Business School, a Bachelor of Science in Applied Science (Chemical
Engineering) from the University of Exeter, and a Postgraduate Diploma in Air
Transport Planning & Management from the University of Westminster.

 

Michael Jones

 

Michael brings significant cross-functional executive experience across the
mining sector, gained through senior roles in mine management, the corporate
finance industry, corporate executive management, and, more recently,
management consulting. Michael is a Professional Mining Engineer who held
various mine management roles for 13 years working at Gencor, De Beers,
Debswana and as Consulting Mining Engineer for Iscor. Following this, he
joined Canaccord Capital, initially as a Mining Analyst, then as an
international corporate finance professional before becoming Head of Research
and ultimately Global Co-Head of Mining Investment Banking, during this period
he was a member of the FTSE Gold Index committee.

 

Following Canaccord, Michael joined African Minerals Limited as Head of
Business Development and Investor Relations, and then acted as an Executive at
Timis Mining Corporation, and latterly moving into mining management
consulting with Hatch Associates Ltd as head of Investment and Business
Planning for the AEM region.

 

Michael is a Mining Engineer, holding a Bachelor of Science degree in Mining
Engineering from Imperial College's Royal School of Mines, and also has a
Masters in Business Leadership from the University of South Africa. He is a
Chartered Engineer (UK) and a member of the Institute of Materials, Minerals
and Mining (IMMM).

 

Campbell Smyth, Non-Executive Chairman of Goldstone, commented:

 

"I am delighted to welcome Kofi and Michael to the Board at this important
stage for GoldStone. Kofi's extensive international commercial and strategic
experience, together with Michael's technical, operational and capital markets
expertise in the mining sector, will be invaluable. Their appointments
significantly strengthen the Board as we focus on disciplined execution and
the creation of sustainable long-term value for our shareholders and
stakeholders."

 

 

Further information regarding the appointments of Mr Kofi Amegashie and Mr
Michael Jones in accordance with paragraph (g) of Schedule Two of the AIM
Rules for Companies (the "AIM Rules") is set out in the appendix of this
announcement.

 

For further information, please contact:

 

 GoldStone Resources Limited
 Emma Priestley                      Tel: +44 (0)1534 487 757

 Strand Hanson Limited
 James Dance / James Bellman         Tel: +44 (0)20 7409 3494

 S. P. Angel Corporate Finance LLP
 Ewan Leggat / Charlie Bouverat      Tel: +44 (0)20 3470 0501
                                     Tel: +44 (0)20 7236 1177

 St Brides Partners Ltd

 Susie Geliher

 

About GoldStone Resources Limited

GoldStone Resources Limited (AIM: GRL) is an AIM quoted mining and development
company with projects in Ghana that range from grassroots exploration to
production.

 

The Company is focused on developing the Akrokeri-Homase project in
south-western Ghana, which hosts a JORC Code compliant 602,000oz gold resource
at an average grade of 1.77 g/t.  The existing resource is confined to a 4km
zone of the Homase Trend, including Homase North, Homase Pit and Homase South.

 

The project hosts two former mines, the Akrokeri Ashanti Mine Ltd, which
produced 75,000 oz gold at 24 g/t recovered grade in the early 1900s, and the
Homase Pit which AngloGold Ashanti developed in 2002/03 producing 52,000 oz
gold at 2.5 g/t recovered.  Production is currently focussed on the Homase
Mine however 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.

 

Appendix

Save for the information set out above and below, there are no further
disclosures to be made in accordance with Rule 17 and Schedule Two
paragraph(g) of the AIM Rules in respect of the appointments of the directors.

 

Mr Richard Leslie Kofi Amegashie (aged 60) has held the following
directorships and/or partnerships in the past five years:

 

 Current Directorships/Partnerships    Past Directorships/Partnerships within last 5 years
 Cayley Wright and Associates Limited  AFR Investment Partners Limited

 

Mr Michael Shivas Jones (aged 61) has held the following directorships and/or
partnerships in the past five years:

 

 Current Directorships/Partnerships  Past Directorships/Partnerships within last 5 years
 Diamcorp Limited                    Giyani Metals Corporation
 First Africa Metals Limited         Westoil-UK Limited
 Goldcorp Limited                    Menzi Battery Metals Proprietary Limited
 Makerfield Resources Limited        Fecycle Technologies Group Limited
 Mincorp Limited

 

Neither Mr Kofi Amegashie nor Mr Michael Jones hold a direct or indirect
interest in the Company's issued share capital.

 

 

 

 

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