A solution for Stone

STONE Resources Australia is on a path to recapitalisation, striking a compromise agreement with its major shareholder and debtor to extinguish its debt, sell key assets, and launch a share buyback to tidy up the zombie Western Australian gold explorer.

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By selling its North project near Laverton, including the Ben Hur and Delta deposits, Stone hopes to generate enough capital to buy back 433 million shares, around 58% of issued capital held by
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