Progress on Subscription Agreement

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")

PROGRESS ON SUBSCRIPTION AGREEMENT

GoldStone (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to announce that the Company and Stratex International plc ("Stratex") are progressing with work on the circular to be sent to shareholders in relation to the proposed subscription by Stratex into GoldStone.

As announced in the final results on 29 August 2014, the Company and Stratex have agreed a revised date of 31 October 2014 for fulfilment of the conditions precedent to the subscription agreement.

The Company will make a further announcement in due course.

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