Stratex (LSE:STI)
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RNS Number : 5965C

Stratex International PLC

29 June 2016

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

Stratex International Plc

('Stratex' or 'the Company')

Goldstone Announces Final Results

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, reports that Goldstone Resources Limited ("Goldstone"; AIM: GRL), in which the Company holds a 33.45% interest, has today announced its final results for the year ended 31(st) December 2015.

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 info@stratexplc.com, or contact:

 
 Stratex International                Tel: +44 (0)20 7830 9650 
  Plc 
 Bob Foster / Christopher Hall / Claire Bay 
 Grant Thornton UK LLP                Tel: +44 (0)20 7383 5100 
 Philip Secrett / Jen Clarke / Daniel Bush 
 Northland Capital Partners           Tel: +44 (0)20 3861 6625 
  Limited 
 Gerry Beaney / David Hignell (Corporate Finance) 
  Abigail Wayne / John Howes (Broking) 
 

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 recently sold its 1% Net Smelter Returns royalty in the Öksüt gold project for US$4.5 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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

June 29, 2016 02:33 ET (06:33 GMT)