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Goldstone Resources Ltd on Tuesday said it has agreed to extend an existing gold loan agreement with Asian Investment Management Services Ltd. The Ghana-focused gold explorer said the maturity date of the gold loan has been extended from the end of 2025 to December 31, 2026. It added that interest payments on the loan have been frozen for the six-month period to the end of June 2026. The loan was first entered into on June 19, 2020. Goldstone said it is ‘pleased’ to work with its major creditor to ‘optimise the Homase mine’s cash flow in a rising gold price environment’. The firm said this provides shareholders with potential upside and assists with its working capital requirements. ‘We appreciate the continued support from AIMS,’ said Chief Executive Officer Emma Priestley. ‘The extension of the gold loan maturity and the temporary deferral of interest payments provides additional flexibility as we focus on stabilising existing operations and progressing the company’s broader development plans.’ Shares in Goldstone Resources jumped 27% to 0.70 pence on Tuesday afternoon in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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