GoldStone Resources Limited announced that it has agreed a short-term extension on the maturity of the gold loan announced on 22 June 2020 with Asia Investment Management Services Limited (AIMS) (the Gold Loan). The terms of the Gold Loan agreement have been varied as follows: the date for repayment of the Gold Loan has been extended to 10 November 2023 (the Revised Term); interest continues to accrue on the Gold Loan at the non-default rate of 14% per annum until the date of repayment; and the company may (but shall not be obliged to) repay any part of the Gold Loan and/or accrued interest thereon from time-to-time by way of instalments during the Revised Term. The outstanding principal of the Gold Loan currently stands at [2000] oz, with accrued interest to date of [269] oz, as at 30 June 2023.

A total of [675] oz ([21] kilos) of gold to date has been paid to AIMs to date in respect of the Gold Loan.