Investegate |Goldstone Resources Announcements | Goldstone Resources: Conversion of Loan
Investegate announcements from Goldstone Resources, Conversion of Loan
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Investegate announcements from Goldstone Resources, Conversion of Loan
GoldStone Resources Limited (AIM: GRL) is pleased to announce that Paracale Gold Ltd ("Paracale") has exercised warrants to subscribe for 20,000,000 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") at a price of 1.2 pence per Ordinary Share (the "Warrant Conversion Exercise"). The Warrant Conversion Exercise proceeds will be set against the related loan of USD1,224,000 provided to the Company by Paracale on 28 December 2018, which accrues interest at a daily compound rate of 6% (the "Loan"). Accordingly, following the Warran...
RNS Number: 3906 A Goldstone Resources Ltd 01 June 2021 1 June 2021. GoldStone Resources Limited, the AIM quoted gold exploration and development...