3rd May 2016 15:48
Stratex International Plc / Index: AIM / Epic: STI / Sector: Mining
Stratex International Plc
('Stratex' or 'The Company')
AGM Statement
Stratex International Plc, the AIM-quoted exploration and development company focused on gold and base metals in East Africa, West Africa and Turkey, where it holds a significant interest in a producing gold mine, held its AGM at 3 pm on 3rd May 2016 and all resolutions were duly passed.
A copy of the presentation delivered to shareholders following the formal business of the AGM is now available on the Company's website http://www.stratexinternational.com/latest-presentation/.
* * ENDS * *
For further information please visit www.stratexinternational.com, email [email protected], or contact:
Stratex International Plc | Tel: +44 (0)20 7830 9650 |
Bob Foster / Christopher Hall / Claire Bay
| |
Grant Thornton UK LLP | Tel: +44 (0)20 7383 5100 |
Philip Secrett / Jen Clarke / Daniel Bush
| |
Northland Capital Partners Limited | Tel: +44 (0)20 3861 6625 |
Gerry Beaney / David Hignell (Corporate Finance) Abigail Wayne / John Howes (Broking) | |
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.
Related Shares:
Oriole Resources