IN BRIEF: Goldstone Resources in share issues to raise funds, pay fees
Goldstone Resources Ltd - Ghana-focused gold explorer - Calls extraordinary general meeting for February 5 in London to approve several significant share issues. Goldstone raises GBP2.0 million from a subscription by an investor for 200.0 million new shares at 1 pence each. Goldstone does not name the subscriber and says each share comes with a warrant for one more new share at the same price, exercisable over the next two years. The new shares will represent 15.2% of the enlarged total. Around GBP1.4 million of the net proceeds will be used to accelerate Goldstone's exploration programme at the Homase mine in Ghana. Read More