Goldstone Resources Ltd
29 September 2026
29 September 2026
GOLDSTONE RESOURCES LIMITED
(“GoldStone” or the “Company”)
Gold Loan Interest Waiver Extension
GoldStone Resources Limited (AIM: GRL), the AIM-quoted gold producer and exploration company focused on Ghana, announces that, further to the Company's announcement of 29 June 2026 regarding the extension of the terms of its standstill agreement originally entered into on 29 December 2023 (the “Standstill Agreement”) with Asian Investment Management Services Ltd ("AIMS") in relation to the Company's existing gold loan agreement entered into on 19 June 2020 (the "Gold Loan"), it has agreed a further amendment to the Gold Loan and the Standstill Agreement with AIMS.
Under the revised terms agreed between the Company and AIMS, no interest shall accrue or be payable on the outstanding amount under the Gold Loan for the period from and including 1 January 2026 to and including 31 December 2026. This extends the interest freeze announced on 29 June 2026, which was due to end on 30 September 2026, to 31 December 2026. In addition, AIMS has irrevocably waived any right or entitlement it may have to receive interest in respect of that period. The maturity date of the Gold Loan remains 30 June 2027 and all other terms of the Gold Loan and the Standstill Agreement are unchanged.
Emma Priestley, Chief Executive Officer, commented: “We are grateful for the continued support of AIMS and their ongoing constructive engagement with GoldStone. The further extension of the interest-free period provides additional financial flexibility as we continue to invest in the development of the Homase Mine and advance our plans for the next phase of the Company's growth”
ENDS
For further information, please contact:
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GoldStone Resources Limited |
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Emma Priestley / Mike Jones |
Tel: +44 (0)1534 487 757 |
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Strand Hanson Limited |
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James Dance / James Bellman |
Tel: +44 (0)20 7409 3494 |
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S. P. Angel Corporate Finance LLP |
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Ewan Leggat / Charlie Bouverat |
Tel: +44 (0)203470 0501 |
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St Brides Partners Ltd Ana Ribeiro |
Tel: +44 (0)20 7236 1177 goldstone@stbridespartners.co.uk |
About GoldStone Resources Limited
GoldStone Resources Limited (AIM: GRL) is an AIM quoted mining and development company with projects in Ghana that range from grassroots exploration to production.
The Company is focused on developing the Akrokeri-Homase project in south-western Ghana, which hosts a JORC Code compliant 602,000oz gold resource at an average grade of 1.77 g/t. The existing resource is confined to a 4km zone of the Homase Trend, including Homase North, Homase Pit and Homase South.
The project hosts two former mines, the Akrokerri Ashanti Mine Ltd, which produced 75,000 oz gold at 24 g/t recovered grade in the early 1900s, and the Homase Pit which AngloGold Ashanti developed in 2002/03 producing 52,000 oz gold at 2.5 g/t recovered. Production is currently focussed on the Homase Mine however it is the Company's intention to build a portfolio of high-quality gold projects, with a particular focus on the highly prospective Birimian Gold Belt.
GoldStone has acquired a 50% interest in a gold project in Sierra Leone, located adjacent to the Boamuhun Gold Mine, a known gold deposit estimated to contain approximately 5.8 million ounces, with early work indicating grades of approximately 12 g/t.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.
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