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Released 07:00 15-Apr-2013
Number 2958C07 

Stratex International Plc

("Stratex" or the "Company")

Directors' Shareholdings

Stratex, the AIM quoted gold exploration and development company, focused on gold and base metals in Turkey, East Africa and West Africa, was notified today of the following purchases of ordinary shares in the Company at prices ranging from 4.625 pence per share to 4.85 pence per share by the Company's Directors.

 

Number of shares purchased

Total number of shares now held

% of total issued ordinary share capital

Christopher Hall

 Non-Executive Chairman

105,000

212,143

0.05

Dr. Robert Foster

 CEO

275,000

7,368,527

1.58

Perry Ashwood

 CFO

210.000

1,744,485

0.37

David Hall

 Executive Director

100,000

12,684,624

2.71

John Cole-Baker

 Executive Director

210,000

785,669

0.17

Peter Addison

 Non-executive Director

75,000

217,857

0.05

 

* * ENDS * *

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

Stratex International Plc

Tel: +44 (0)20 7830 9650

 

Bob Foster /  Claire Bay

Grant Thornton Corporate Finance

Tel: +44 (0)20 7383 5100

Gerry Beaney / Melanie Frean / Jen Clarke

Northland Capital Partners Limited

Tel: +44 (0)20 7796 8800

Gavin Burnell / John-Henry Wicks / John Howes (Sales)

Yellow Jersey PR Limited

Tel: +44 (0)20 3664 4087

Dominic Barretto / Anna Legge / Philip Ranger          

 

Notes to editors:

Stratex International is a well-funded AIM-quoted exploration and development company focussed on gold and high-value base metals in Turkey, East Africa and West Africa. Since listing on AIM in 2006, Stratex has had an impressive track record of successful exploration supported by joint-venture partnerships, both with major international mining companies and local companies to maximise the potential of its discoveries.

In December 2012 the Company announced the sale of its 30% interest in the Öksüt gold project for cash of 20 times its original US$1 million investment and retained a royalty of 1% up to a maximum additional value of US$20 million.

It currently has a substantial portfolio of projects, with Altıntepe in Turkey scheduled for gold production in late 2013 or Q1 2014. To date Stratex has discovered more than 2.2 million ounces of gold and 7.9 million ounces of silver, as well as 186,000 tonnes of copper. 

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