Business
Gold Loan Standstill Extension
GoldStone Resources Limited has amended its gold loan agreement with Asian Investment Management Services Ltd, extending the loan maturity date from December 31, 2025, to December 31, 2026, and deferring interest payments for six months until June 30, 2026. This extension provides the company with additional financial flexibility to optimize cash flow from its Homase mine, particularly in a rising gold price environment, and to support its working capital needs and development plans. Disclaimer*
About this update from Goldstone Resources Limited
[{"type":"text","content":"\n\n30 December 2025\n \nGOLDSTONE RESOURCES LIMITED\n(\"GoldStone\" or the \"Company\")\n \nGold Loan Standstill Extension\n \nGoldStone Resources Limited (AIM: GRL) announces that it has agreed an amendment to the terms of the standstill agreement originally entered into on 29 December 2023 (the \"Standstill Agreement\"), in relation to its existing gold loan agreement with Asian Investment Management Services Ltd (\"AIMS\") entered into on 19 June 2020 (the \"Gold Loan\"), pursuant to which the maturity date of the Gold Loan has been extended and interest payments have been temporarily deferred. \n \nUnder the revised terms of the Standstill Agreement, the maturity date of the Gold Loan has been extended from 31 December 2025 to 31 December 2026. In addition, interest payments on the loan have been frozen for the six-month period to 30 June 2026.\n \nThe Company is pleased to work with its major creditor to optimise the Homase mine's cash flow in a rising gold price environment, providing the Company's shareholders with potential upside and assisting with the Company's working capital requirements.\n \n \nEmma Priestley, Chief Executive Officer of GoldStone Resources Limited, commented: \"We appreciate the continued support from AIMS. The extension of the gold loan maturity and the temporary deferral of interest payments provides additional flexibility as we focus on stabilising existing operations and progressing the Company's broader development plans.\"\n \nFor further information, please contact:\n \n\n\n\n\nGoldStone Resources Limited\n\n\n \n\n\n\n\nEmma Priestley\n\n\nTel: +44 (0)1534 487 757\n\n\n\n\n \nStrand Hanson Limited\n\n\n \n\n\n\n\nJames Dance / James Bellman\n\n\nTel: +44 (0)20 7409 3494\n\n\n\n\n \nS. P. Angel Corporate Finance LLP\n\n\n \n\n\n\n\nEwan Leggat / Charlie Bouverat \n\n\nTel: +44 (0)20 3470 0501\n\n\n\n\n \nSt Brides Partners Ltd\nAna Ribeiro \n\n\n \n \nTel: +44 (0)20 7236 1177\[email protected]\n\n\n\n\n \nAbout GoldStone Resources Limited\nGoldStone Resources Limited (AIM: GRL) is an AIM quoted mining and development company with projects in Ghana that range from grassroots exploration to production.\n \nThe Company is focused on developing the Akrokeri-Homa...