REG - Goldstone Resources - Result of EGM and TVR

Goldstone ResourcesAnnouncement

05/02/2026 15:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260205:nRSE9394Ra&default-theme=true

RNS Number : 9394R  Goldstone Resources Ltd  05 February 2026

5 February 2026

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")

 

Result of Extraordinary General Meeting and Total Voting Rights

 

GoldStone Resources Limited (AIM: GRL) announces that at its Extraordinary
General Meeting ("EGM"), held earlier today, all Resolutions set out in the
formal Notice of EGM dated 20 January 2026 were duly passed by Shareholders.

 

As set out in the Company's announcement on 21 January 2026, shareholder
approval of the resolutions enables the Company to complete the £2.0 million
Subscription. Approximately £1.4 million of the net proceeds will be applied
towards expediting exploration activities at the Homase Mine in Ghana and
general expenditure, and the Company looks forward to progressing a
4,000-5,000 metre drill programme over the next six months.

 

Share Issues, Admission and Total Voting Rights

The Company has agreed to issue, in lieu of outstanding fees, 7,000,000 new
Ordinary Shares together with one warrant over new Ordinary Shares on the same
terms as the warrants issued pursuant to the Subscription (the "Additional
Adviser Fee Shares").

 

Application has been made to the London Stock Exchange for the New Ordinary
Shares announced on 21 January 2026 and the Additional Adviser Fee Shares to
be admitted to trading on AIM ("Admission"). Admission is expected to become
effective at 8.00 a.m. on or around 10 February 2026. The Additional Adviser
Fee shares will be issued fully paid and will rank pari passu in all respects
with the Company's existing Ordinary Shares.

 

Following Admission, the Company's issued share capital will
comprise 1,325,830,114 Ordinary Shares, each with one voting right. The
Company does not hold any shares in treasury. Accordingly, the total number of
voting rights in the Company will be 1,325,830,114, which shareholders may
use as the denominator for the purposes of calculating their interests under
the FCA's Disclosure Guidance and Transparency Rules.

 

Unless otherwise defined herein, all defined terms used in this announcement
shall have the meanings ascribed to them in the Company's announcement of 21
January 2026.

 

ENDS

 

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

 St Brides Partners Ltd

 Ana Ribeiro                         Tel: +44 (0)20 7236 1177

                                     goldstone@stbridespartners.co.uk

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018, as amended by virtue of the Market
Abuse (Amendment) (EU Exit) Regulations 2019.

 

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 Akrokerri 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, with a particular focus on the highly prospective
Birimian Gold Belt.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ROMTAMITMTAMBJF



            Copyright 2019 Regulatory News Service, all rights reserved