15th Aug 2008 12:25
GoldStone Resources Ltd
Grant of Options
GoldStone Resources Ltd ("GoldStone" or "the Company") (AIM: GRL) announces the cancellation of the 3,120,000 existing options granted under the GoldStone Resources Share Option Scheme ("Share Option Scheme") to Directors of the Company.
Following an amendment to the Share Option Scheme, the Company announces that on 15 August 2008 GoldStone granted options to subscribe for 6,500,000 ordinary shares of 1p each to four Directors and an employee of the Company. The options are exercisable at a price of 1.5p for a five year period commencing one year after the date of grant.
The following options have been issued to Directors:
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Director
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Options granted
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Nico van der Hoven
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1,500,000
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Jurie Wessels
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1,500,000
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Hendrick Schloemann
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1,500,000
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Lawrie Minter
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1,500,000
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Enquiries:
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GoldStone Resources Ltd
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00 27 21 794 4004
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Nico van der Hoven (Chief Executive Officer)
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Hanson Westhouse Limited
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00 44 113 246 2610
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Tim Feather / Matthew Johnson
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Related Shares:
Goldstone Resources