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GRANT OF OPTIONS

1st Apr 2011 07:00

RNS Number : 0759E
Goldstone Resources Ltd
01 April 2011
 



1 April 2011

 

 

GOLDSTONE RESOURCES LIMITED

 

GRANT OF OPTIONS

 

 

GoldStone Resources Limited ("GoldStone" or the "Company") announces that on 31 March 2011 Jurie Wessels, Chief Executive Officer, and Dr. Hendrik Schloemann, Exploration Director, were each granted options to subscribe for a total of 2,700,000 ordinary shares of 1p each in the Company.

 

The options are exercisable as follows:

 

Director

Number of options

Exercise price

Exercise period

Jurie Wessels

900,000

10p

31 March 2012 to 31 March 2015

900,000

900,000

12p

14p

31 March 2013 to 31 March 2016

31 March 2014 to 31 March 2017

Dr. Hendrik Schloemann

900,000

10p

31 March 2012 to 31 March 2015

900,000

900,000

12p

14p

31 March 2013 to 31 March 2016

31 March 2014 to 31 March 2017

 

Following the grant of these new options, Mr. Wessels and Dr. Schloemann each hold options over 7,600,000 ordinary shares in the Company.

 

Enquiries:

 

GoldStone Resources Limited

+27 21 551 9009

Jurie Wessels

Westhouse Securities Limited

+44 20 7601 6100

Tim Feather / Matthew Johnson

Optiva Securities Limited

Jason Robertson

+44 20 3137 1906

Jeremy King

+44 20 3137 1904

Walbrook PR

+44 20 7933 8788

Bob Huxford / Jack Rich

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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