REG - Stratex Int PLC Goldstone Resources - GoldStone Announces Interim Results <Origin Href="QuoteRef">GRL.L</Origin> <Origin Href="QuoteRef">STIL.L</Origin>

Goldstone ResourcesAnnouncement

28/11/2014 07:12

RNS Number : 2509Y
Stratex International PLC
28 November 2014
Stratex International Plc / Index: AIM / Epic: STI / Sector: Mining
Stratex International Plc 
('Stratex' or 'the Company')
GoldStone Announces Interim Results
Stratex International Plc, the AIM-quoted exploration and development company, is pleased to announce that GoldStone (AIM: GRL), in which the Company acquired a 33.45% controlling interest on 30th October 2014, has today announced its interim results for the 6 month period ended 31 August 2014.
The full text of the announcement by Goldstone can be found at http://www.goldstoneresources.com/investors/news-releases.html. 
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For further information please visit www.stratexinternational.com, email info@stratexplc.com, or contact:
Stratex International Plc
Tel: +44 (0)20 7830 9650
Christopher Hall / Bob Foster / Claire Bay 
Grant Thornton UK LLP
Tel: +44 (0)20 7383 5100
Philip Secrett / Melanie Frean / Jen Clarke


Northland Capital Partners Limited
Tel: +44 (0)20 7382 1100

Gavin Burnell / Matthew Johnson / Alice Lane /John Howes


SP Angel Corporate Finance LLP
Tel: +44(0)2034632260

Ewan Leggat / Tercel Moore


Yellow Jersey PR Limited
Tel: +44(0)2036644087

Dominic Barretto / Philip Ranger / Anna Legge


Notes to Editors: 
Stratex International is a well-funded AIM-quoted exploration and development company focussed on gold and high-value base metals in Turkey, East Africa and West Africa. Since listing on AIM in 2006, Stratex has had an impressive track record of successful exploration supported by joint-venture partnerships, both with major international mining companies and local companies to maximise the potential of its discoveries.
In December 2012 the Company announced the sale of its 30% interest in the kst gold project for cash of 20 times its original US$1 million investment and retained a royalty of 1% up to a maximum additional value of US$20 million.

To date Stratex has discovered more than 2.2 million ounces of gold and 7.9 million ounces of silver, as well as 186,000 tonnes of copper. The Company has a robust cash balance and is therefore well-placed to advance its existing exploration programmes and is also actively seeking to acquire advanced projects that are at the drill-ready stage or even have identified resources, particularly in East Africa and West Africa.

This information is provided by RNS
The company news service from the London Stock Exchange
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