Business
Issue of Fee Shares
Issue of Fee Shares.
About this update from Goldstone Resources Limited
[{"type":"text","content":"\n \n \n RNS Number : 6003S\n Goldstone Resources Ltd\n 10 July 2020\n \n \n \n \n 10 July 2020\n \n \n \n \n \n GOLDSTONE RESOURCES LIMITED\n \n \n (\"GoldStone\" or the \"Company\")\n \n \n \n \n \n Issue of Fee Shares\n \n \n \n \n \n GoldStone Resources Limited (AIM: GRL), \n announces the issue of 1,735,714 ordinary shares of 1 penny each in the Company (\"Ordinary Shares\") (the \"Fee Shares\") in respect of commission due to a third party adviser in relation to the gold loan secured from Asian Investment Management Services Ltd (the \"Gold Loan\"), as \n announced on 22 June 2020. The number of Fee Shares to be issued in respect of such commission has been calculated by reference to the closing share price of 4.2p on 19 June 2020, being the last busines day immediately prior to the Gold Loan being entered into.\n \n \n \n \n Admission and Total Voting Rights\n \n \n \n \n \n The Fee Shares will rank pari passu with the existing Ordinary Shares and application will be made for the \n 1,735,714\n Fee Shares to be admitted to trading on AIM (\"Admission\"). It is expected that Admission will become effective and dealings in the Fee Shares will commence at 8.00 a.m. on 16 July 2020.\n \n \n \n \n \n Following Admission, the Company's issued share capital will consist of \n 251,785,967 \n Ordinary Shares with voting rights. The Company does not currently hold any Ordinary Shares in treasury.\n \n \n \n \n \n Accordingly, the above figure of \n 251,785,967 \n may be used by shareholders, following Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.\n \n \n \n \n \n For further information, please contact:\n \n \n \n \n \n \n \n \n \n GoldStone Resources Limited\n \n \n \n \n \n \n \n \n \n Emma Priestley\n \n \n \n \n Tel: +44 (0)7867 785 177 / +233 (0)55 581 8855\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Strand Hanson Limited\n \n \n \n \n \n \n \n \n \n Richard Tulloch / James Bellman\n \n \n \n \n Tel: +44 (0)20 7409 3494\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n SI Capital Limi...