Technical Services Agreement with Goldstone

Stratex International Plc / Index: AIM / Epic: STI / Sector: Mining

Stratex International Plc

('Stratex' or 'the Company')

Technical Services Agreement with Goldstone Resources Limited

Stratex International Plc, the AIM-quoted exploration and development company focused on gold and base metals in West Africa and Turkey, where it holds a significant interest in a producing gold mine, is pleased to announce that it has entered into a service agreement (the "Agreement") with Goldstone Resources Limited ("Goldstone"; AIM: GRL), in which it holds a 33.45% interest. Under the terms of the Agreement, Stratex will provide technical services to support Goldstone for a monthly fee of £1,750 plus VAT as well as a further fee in respect of any specific work streams, including but not limited to project management and analysis of results from exploration programmes.

The full text of the announcement by Goldstone can be found at http://www.goldstoneresources.com/investors/news-releases.html.

* * ENDS * *

For further information please visit www.stratexinternational.com, email [email protected], or contact:

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 as at 30 June 2016, the Mine had generated revenues of US$33.39 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.