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Released 14:23 1-December-2015
Stratex International Plc / Index: AIM / Epic: STI / Sector: Mining
Stratex International Plc
('Stratex' or 'the Company')
Goldstone Releases Holdings in Company Announcement
Stratex International Plc, the AIM-quoted exploration and development company, announces that Goldstone Resources Limited ('Goldstone'; AIM: GRL) in which the Company holds a 33.45% interest, has today released a notification of major interest in shares.
The full text of the announcement by Goldstone can be found at
http://www.goldstoneresources.com/investors/news-releases.html .
For further information please visit www.stratexinternational.com ,email [email protected] ,or contact:
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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Northland Capital Partners Limited
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Tel: +44 (0)20 7382 1100
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Gerry Beaney / David Hignell
Abigail Wayne / John Howes (Broking)
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Yellow Jersey PR Limited
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Tel: +44 (0)7768 537739
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Dominic Barretto / Harriet Jackson
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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 has recently achieved first gold pour at its 45%-owned Altıntepe gold mine in Turkey and also owns 30% of a copper-gold project at feasibility stage. Additionally, a 1% production royalty capped at US$20 million will be due from the Öksüt project, also in Turkey, with first production provisionally targeted for Q2-2017 by owners Centerra Gold. With its current cash position, projected cash returns and no debt, the Company is well-placed to advance its existing exploration programmes and is also actively seeking to acquire advanced projects that are at the drill-ready stage or even have identified resources.
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Stratex International
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EXPLORATION STAGE |
CODE : STI.L |
ISIN : GB00B0T29327 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Stratex is a gold and copper exploration company based in United kingdom. Stratex holds various exploration projects in Ethiopia and in Turkey. Its main exploration properties are KONYA, ÖKSÜT, HASANÇELEBI, INLICE, ALTINTEPE, ALTUNHISAR and DOGANBEY in Turkey and ABIADI in Ethiopia. Stratex is listed in United Kingdom. Its market capitalisation is GBX 182.3 millions as of today (US$ 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. |