| Appointment of Corporate Broker | |
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Released 07:00 04-July-2016
Stratex International Plc / Index: AIM / Epic: STI / Sector: Mining
Stratex International Plc
('Stratex' or 'the Company')
Appointment of Corporate Broker
Stratex International Plc, the AIM-quoted exploration and development company focused on gold and base metals in West Africa and Turkey, where it holds a significant interest in a producing gold mine, is pleased to announce that Hannam & Partners of 2 Park Street, London, W1K 2HX has been appointed as Corporate Brokers with immediate effect.
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For further information please visit www.stratexinternational.com, email[email protected], or contact:
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Stratex International Plc
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Tel: +44 (0)20 7830 9650
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Bob Foster / Christopher Hall / Claire Bay
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Grant Thornton UK LLP
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Tel: +44 (0)20 7383 5100
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Philip Secrett / Jen Clarke / Daniel Bush
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Hannam & Partners
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Tel: +44 (0)20 7907 8500
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Neil Passmore
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Notes to Editors:
Since listing in 2006, Stratex has discovered more than 2.2 million ounces of gold and 7.09 million ounces of silver, as well as 186,000 tonnes of copper. The Company achieved first gold pour at its 45%-owned Altıntepe gold mine in Turkey in November 2015 and recently sold its 1% Net Smelter Returns royalty in the Öksüt gold project for US$4.5 million. It also owns 30% of a copper-gold project at feasibility stage. With its current cash position, projected cash returns and no debt, the Company is well-placed to advance its existing exploration programmes and is also actively seeking to acquire advanced projects that are at the drill-ready stage or even have identified resources.
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Stratex International
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EXPLORATION STAGE |
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CODE : STI.L |
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ISIN : GB00B0T29327 |
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ProfileMarket
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Stratex is a gold and copper exploration company based in United kingdom. Stratex holds various exploration projects in Ethiopia and in Turkey. Its main exploration properties are KONYA, ÖKSÜT, HASANÇELEBI, INLICE, ALTINTEPE, ALTUNHISAR and DOGANBEY in Turkey and ABIADI in Ethiopia. Stratex is listed in United Kingdom. Its market capitalisation is GBX 182.3 millions as of today (US$ 218.2 millions, € 191.1 millions). Its stock quote reached its highest recent level on October 12, 2007 at GBX 9.91, and its lowest recent point on March 20, 2020 at GBX 0.17. Stratex has 467 311 276 shares outstanding. |