Monthly Archives January 2024

SOUTHSTONE ANNOUNCES PROPOSED ACQUISITION OF REMAINING 90% INTEREST IN PADSTONE PTE. LTD

Download as PDF VICTORIA, BRITISH COLUMBIA — 10 JANUARY 2024 — Southstone Minerals Limited (“Southstone” or  the “Company”) (TSX.V – SML) announces that it has entered a share purchase agreement (the “Agreement”) with five arm’s length parties, collectively the “Sellers”, setting out the terms of an acquisition (the “Acquisition”) of the remaining 90% interest of the issued and outstanding shares of Padstone Pte. Ltd. (“Padstone“) a private Singaporean company. Southstone is currently a passive shareholder of Padstone, holding a minority 10% interest. Padstone, via a wholly owned subsidiary, has applied for two alluvial and kimberlite diamond exploration permits in the
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