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Unity Mining increases Stake in GoldStone

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GoldStone Resources Limited

Holdings in Company

GoldStone Resources Limited (the "Company") announces that it was notified on 25 May 2011 that Unity Mining Limited ("Unity"), formerly Bendigo Mining Limited, is now the beneficial holder of 74,414,466 ordinary shares in the Company, representing 33.46 per cent. of the issued share capital.  Details of the transactions which effected relevant changes (as defined in the AIM Rules for Companies) in Unity's holding are set out below:

Date of purchase Number of shares purchased Price paid
 
15 March 2011 2,650,000 6.3p
24 March 2011 4,500,000 7.3p
31 March 2011 500,000 7.9p
06 April 2011 2,000,000 7.9p
20 April 2011 2,275,000 9.2p
03 May 2011 3,500,000 9.3p
05 May 2011 1,500,000 9.5p
09 May 2011 2,000,000 9.5p
17 May 2011 300,000 9.3p

The Company does not have, and is not considered by the Panel on Takeovers and Mergers to have, its place of central management and control in the United Kingdom or the Channel Islands.  Accordingly the City Code on Takeovers and Mergers does not apply to the Company.

Enquiries

GoldStone Resources Limited: +27 21 551 9009
Jurie Wessels

Westhouse Securities Limited: +44 20 7601 6100
Tim Feather / Matthew Johnson

Optiva Securities Limited
Jason Robertson: +44 20 3137 1906
Jeremy King: +44 20 3137 1904

Walbrook PR: +44 20 7933 8788
Bob Huxford
Jack Rich

This information is provided by RNS
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