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STRATEGIC ALLIANCE WITH UNITY MINING LTD

Strategic Alliance: Unity MiningGoldStone announced on 6 May 2010 that the Company entered into a strategic alliance with Bendigo Mining (currently named Unity Mining Ltd), an Australian gold producer who has also subscribed for 32,704,166 ordinary shares in the Company at a premium of 45% to the closing price of GoldStone on 6 May 2010.  In addition GoldStone has issued non tradable and non transferrable warrants to Unity in two tranches. The first tranche of warrants will entitle Unity to subscribe for 10,901,389 shares in GoldStone at 8.5 pence per share between 18 and 30 months from the date of issue of the warrants and the second tranche will entitle Unity to subscribe for 10,901,389 shares at 11.5p per share between 24 and 36 months from the date of issue of the warrants.

The key benefits of the strategic alliance are that GoldStone gains a long term cornerstone investor who will also provide technical support for the development of GoldStone's existing and future projects.

On 26 May 2011 GoldStone announced that Unity increased it's stake in GoldStone to 33.46%.

Read more about Unity at www.unitymining.com.au and their announcement that followed their increased interest in GoldStone.


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