IN BRIEF: Goldstone Resources USD3 million loan repayment pushed back

Goldstone Resources Ltd - gold explorer in West Africa - On Monday agrees to extend the maturity ...

Alliance News 21 September, 2021 | 7:34AM
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Goldstone Resources Ltd - gold explorer in West Africa - On Monday agrees to extend the maturity of its USD3 million gold loan from Asia Investments Management Services Ltd to August 31, 2022. The loan was originally due this month. Goldstone will be charged the 17% default rate of interest until January, and the 14% original rate thereafter. The extension enables Goldstone to ramp up production.

Current stock price: 10.51 pence

Year-to-date change: up 38%

By Ivan Edwards; ivanedwards@alliancenews.com

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
GoldStone Resources Ltd 11.25 GBX 0.00 -

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