1st Nov 2021 19:19
Goldstone Resources Ltd - gold exploration and development in West Africa - Completes cold commissioning of the newly built one tonne elution plant at the Homase mine in Ghana. Has now started the final phase of hot commissioning of the plant, alongside the electrowinning plant and smelting plant, which will allow Goldstone to strip, elute, electrowin and thereafter smelt dore bars without reliance on third parties.
In addition, Asian Investments Management Services Ltd confirms that the company will not be deemed in default under the USD3 million secured gold loan in relation to the payment due at the end of October.
Interest will continue to accrue at the default rate of 17%, and AIMS has agreed that Goldstone can settle both the October and November instalments by the end of November.
Current stock price: 12.48 pence, up 13% on Monday
Year-to-date change: up 64%
By Dayo Laniyan; [email protected]
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