Latest News

| 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |


For further information please contact our Media Relations:

107 Cheapside

Tel: +44 (0) 20 3757 4980

Stratex International Plc

(“Stratex” or the "Company”)

Goldstone Announces £1.5 M Subscription


Stratex International Plc, the AIM-quoted gold exploration and development company, advises that Goldstone Resources Limited (“Goldstone”), in which it currently holds a 22.97 per cent interest, has today announced that it has raised £1.5m before expenses by way of a subscription for new shares in Goldstone at a price of 1.5 pence per Goldstone share (the “Goldstone Subscription”). The Goldstone Subscription is conditional upon receiving the subscription proceeds. The proceeds of the Goldstone Subscription will be applied to Goldstone’s operations and the general advancement of its corporate objectives.

The subscribers comprise new and existing shareholders of Goldstone, including BCM Investment Limited (“BCM”) and Paracale Gold Limited. Goldstone has entered into a relationship agreement with BCM, as BCM will hold in excess of 20 per cent of Goldstone’s voting rights once the Goldstone Subscription completes.

Upon completion of the Goldstone Subscription (expected to take place on 6 October 2017), Stratex’s interest in Goldstone will be diluted to 13.74 per cent.

For further details, please see Goldstone’s announcement at the following link  


** ENDS **


For further information please visit, @StratexPLC on Twitter,                 email, or contact:


Stratex International Plc

Tel: +44 (0)20 7830 9650

Marcus Engelbrecht / Claire Bay


Grant Thornton UK LLP

Tel: +44 (0)20 7383 5100

Samantha Harrison / Daniel Bush


Hannam & Partners

Tel: +44 (0)20 7907 8500

Neil Passmore / Andrew Chubb




Tel: +44 (0)20 3757 4980

Gordon Poole / Nick Hennis / Monique Perks



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 owns 15% of a copper-gold project at feasibility stage and an exciting exploration project in Senegal. The Company also has significant interests in Goldstone Resources Ltd, Thani Stratex Resources Ltd and Tembo Gold Corp. for their exploration projects in Ghana, Djibouti and Egypt, and Tanzania respectively.


The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

Stratex's management backed by corporate governance advisory firm

A copy of the circular put out by the board outlining its recommendations in the vote is available o...

Stratex sells out of Goldstone, Priestley steps down

Emma Priestley leaves the board of Stratex following the sale of the Goldstone stake

Stratex International's Marcus Engelbrecht reinforces transformative potential of Crusader deal

Marcus Engelbrecht, chief executive of Stratex International plc ( LON:STI ), chats to Proacti...

Stratex extends deadline for completion of Crusader acquisition

The deadline by which the deal must be completed has been pushed back until 28 February

Stratex International says Swedish investment company Peter Gyllenhammar has a 3.1% stake in the firm

The gold exploration and development company said the Swedish firm has declared it now holds 14,520,...

designed and produced by