Monthly Archives March 2020

SOUTHSTONE ANNOUNCES CLOSURE OF OENA MINE DUE TO COVID-19 PRECAUTIONS

Download as PDF VANCOUVER, BRITISH COLUMBIA — 27 March 2020 – Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) announces the closure of the Oena mine in the Northern Cape, South Africa in compliance with the South African government’s instructions for a 21 day lockdown period starting from March 26th until April 16th, 2020. Kwena Group will continue to operate only a day shift as the three coal washing facilities are partially exempt from the lockdown. ON BEHALF OF THE BOARD OF DIRECTORS OF SOUTHSTONE MINERALS LIMITED Mr. Samer Khalaf Chief Executive Officer info@southstoneminerals.com  Neither TSX Venture Exchange nor
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Categories: News.

SOUTHSTONE ANNOUNCES RELATED PARTY TRANSACTION – DISPOSITION OF THE KWENA GROUP

Download as PDF VANCOUVER, BRITISH COLUMBIA — 23 March 2020 – Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) announces that it is proposing to sell its 49% interest in the issued and outstanding Ordinary Shares and 74% interest in the issued and outstanding Preference Shares of each of Kwena Mining Projects (Pty) Ltd., Kwena Mining and Metallurgical Services (Pty) Ltd. and Kwena Springlake Projects (Pty) Ltd. (collectively the “Kwena Group“). The Company has entered into a disposition agreement dated 20 March 2020 (the “Disposition Agreement”) with Kevin C. Gallagher (“Gallagher”), whereby Gallagher or his nominee(s) will acquire
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Categories: News.