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Released 07:00 04-July-2016
Number 0509D

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

 

Stratex International Plc

('Stratex' or 'the Company')

Appointment of Corporate Broker

 

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 Hannam & Partners of 2 Park Street, London, W1K 2HX has been appointed as Corporate Brokers with immediate effect.

* * 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 / Christopher Hall / Claire Bay

Grant Thornton UK LLP

Tel: +44 (0)20 7383 5100

Philip Secrett / Jen Clarke / Daniel Bush

Hannam & Partners

Tel: +44 (0)20 7907 8500

Neil Passmore

 

           

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.

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