Gold Loan Standstill Extension

GoldStone Resources Limited (AIM: GRL) announces that it has agreed an extension to the terms of the standstill agreement originally entered into on 29 December 2023 (the "Standstill Agreement"), in relation to its existing gold loan agreement with Asian Investment Management Services Ltd ("AIMS") entered into on 19 June 2020 (the "Gold Loan"), pursuant to which the maturity date of the Gold Loan has been extended and interest payments have been temporarily deferred.

Under the revised terms of the Standstill Agreement, the maturity date of the Gold Loan has been extended from 31 December 2026 to 30 June 2027. In addition, the interest freeze on the loan has been extended from 30 June 2026 to 30 September 2026.

Emma Priestley, Chief Executive Officer, commented: "We sincerely appreciate the continued support of AIMS and their confidence in GoldStone's strategy. The extension of the Gold Loan maturity and temporary deferral of interest payments provide the Company with additional financial flexibility at an important stage in our development.

Our immediate focus is on advancing the Homase Mine through an extensive drilling programme designed to expand and upgrade the JORC Mineral Resource, while continuing to optimise operations in the current strong gold price environment. Together with our ongoing funding initiatives, these measures position GoldStone to deliver the next phase of its growth strategy and create long-term value for our shareholders."