Monthly Archives May 2020

SOUTHSTONE REPORTS SHARES FOR DEBT SETTLEMENT

Download as PDF VANCOUVER, BRITISH COLUMBIA — 28 May 2020 – Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) announces that it has agreed to settle outstanding indebtedness in the sum of $705,456.75 by the issuance of 7,524,872 common shares in the capital stock of the Company at a price of $0.09375 per share, which transaction is subject to the approval of the TSX Venture Exchange. CC Mining Limited (“CCML”) has agreed to settle indebtedness in the sum of C$498,363 by the issuance of 5,315,872 common shares, resulting in CCML holding 19.90% of the outstanding shares of the
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Categories: News.

SOUTHSTONE CONFIRMS SHAREHOLDER APPROVAL FOR DISPOSITION OF THE KWENA GROUP

Download as PDF VANCOUVER, BRITISH COLUMBIA — 15 May 2020 – Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to announce that at the annual and special shareholders meeting held on 15 May 2020, the Company received disinterested and minority shareholder approval of the Company’s disposition of the Company’s 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., as more particularly described in the Company’s
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Categories: News.