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IN BRIEF: Goldstone Resources USD3 million loan repayment pushed back

21st Sep 2021 07:34

Goldstone Resources Ltd - gold explorer in West Africa - On Monday agrees to extend the maturity of its USD3 million gold loan from Asia Investments Management Services Ltd to August 31, 2022. The loan was originally due this month. Goldstone will be charged the 17% default rate of interest until January, and the 14% original rate thereafter. The extension enables Goldstone to ramp up production.

Current stock price: 10.51 pence

Year-to-date change: up 38%

By Ivan Edwards; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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