GOLD
Aim-listed gold exploration and development company Stratex has sold its 13.7% stake in Goldstone Resources to institutional investors at a price of 1.6p a share for a total cash consideration of £0.55-million. “Following the dilution of Stratex's shareholding in Goldstone, resulting from a recent capital raise, the company's ownership has dropped below what is considered meaningful,” the company said in a statement on Tuesday.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access