TIDMGRL

RNS Number : 4339M

Goldstone Resources Ltd

13 October 2016

13 October 2016

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")

Claim by former director and employee of the Company

GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, announces that it has been made aware that a former director and employee of the Company has made a claim in The Labour Court of South Africa for certain sums relating to the termination of his employment. The sum being sought would represent a significant proportion of the Company's current cash resources.

The Company is considering the claim with its legal advisers and intends to robustly defend the claim and will make further announcements as and when appropriate.

For further information, please contact:

 
 GoldStone Resources Limited 
                                    +44 (0)20 7830 9650 / 
 Emma Priestley/ Neil Gardyne        +27 (0)82 490 4427 
 
 Strand Hanson Limited 
 Richard Tulloch / James Bellman    +44 (0)20 7409 3494 
 
 SI Capital Limited 
 Nick Emerson / Andy Thacker        +44 (0)1483 413 500

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

- END -

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 13, 2016 02:03 ET (06:03 GMT)

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