15th Apr 2013 07:00
Stratex International Plc / Index: AIM / Epic: STI / Sector: Mining
Stratex International Plc
("Stratex" or the "Company")
Directors' Shareholdings
Stratex, the AIM-quoted exploration and development company focused on gold and base metals in Turkey, East Africa and West Africa, has been notified of the following purchases of ordinary shares in the Company by the Company's Directors, made on Friday 12th April 2013 at prices ranging from 4.625 pence per share to 4.85 pence per share.
Number of shares purchased | Total number of shares now held | % of total issued ordinary share capital | ||
Christopher Hall | Non-Executive Chairman | 105,000 | 212,143 | 0.05 |
Dr. Robert Foster | Chief Executive Officer | 275,000 | 7,368,527 | 1.58 |
Perry Ashwood | Chief Financial Officer | 210.000 | 1,744,485 | 0.37 |
David Hall | Executive Director | 100,000 | 12,684,624 | 2.71 |
John Cole-Baker | Executive Director | 210,000 | 785,669 | 0.17 |
Peter Addison | Non-executive Director | 75,000 | 217,857 | 0.05 |
* * ENDS * *
For further information please visit www.stratexinternational.com, email [email protected], or contact:
Stratex International Plc | Tel: +44 (0)20 7830 9650 |
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Bob Foster / Claire Bay
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Grant Thornton Corporate Finance | Tel: +44 (0)20 7383 5100 | |
Gerry Beaney / Melanie Frean / Jen Clarke
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Northland Capital Partners Limited | Tel: +44 (0)20 7796 8800 | |
Gavin Burnell / John-Henry Wicks / John Howes (Sales)
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Yellow Jersey PR Limited | Tel: +44 (0)20 3664 4087 | |
Dominic Barretto / Anna Legge / Philip Ranger
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Notes to editors:
Stratex International is a well-funded AIM-quoted exploration and development company focussed on gold and high-value base metals in Turkey, East Africa and West Africa. Since listing on AIM in 2006, Stratex has had an impressive track record of successful exploration supported by joint-venture partnerships, both with major international mining companies and local companies to maximise the potential of its discoveries.
In December 2012 the Company announced the sale of its 30% interest in the Öksüt gold project for cash of 20 times its original US$1 million investment and retained a royalty of 1% up to a maximum additional value of US$20 million.
It currently has a substantial portfolio of projects, with Altıntepe in Turkey scheduled for gold production in late 2013 or Q1 2014. To date Stratex has discovered more than 2.2 million ounces of gold and 7.9 million ounces of silver, as well as 186,000 tonnes of copper.
Related Shares:
Oriole Resources