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.

A solution for Stone A solution for Stone A solution for Stone A solution for Stone A solution for Stone

The old Brightstar project has not been drilled for several years.

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