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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, announces that Goldstone Resources Limited (“Goldstone”; AIM: GRL) in which the Company holds a 33.45% interest, has today released their financial results for the 10 month period ending 31 December 2014, following the change in financial year from February to December.  

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

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

Notes to Editors:

Focused on the exploration and development of gold and high-value base metals, Stratex International is active in Turkey and Senegal and has strategic interests in East Africa and Ghana. 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.

To date 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 is looking to completion of construction of its 45%-owned Altıntepe gold project in Turkey in 2015 and anticipates gold production before year-end. Additionally a 1% production royalty capped at US$20 million will be due from the Öksüt project, also in Turkey, with first production provisionally targeted for late-2016 by owners Centerra Gold. With its current cash position and projected cash returns, 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.