On June 10, 2022, armed robbers stormed the Homase site of GoldStone Resources Limited, a gold ore mining firm near Akrokeri in the Ashanti area, and made off with gold valued at about US$350,000.
In a statement released today, GoldStone Resources stated that no one was wounded during the heinous theft and that the loss was not anticipated to have an effect on the company’s financial performance.
The company, which trades on the AIM market for small and medium-sized growth companies of the London Stock Exchange, announced that trading in its common shares had been temporarily halted until the public disclosure of the robbery.
The statement read, “The Board can now reveal that an armed robbery took occurred at its Homase site, which, while no one was injured, resulted in the loss of gold with a value of around US$350k.”
The company was unable to issue an announcement in accordance with the AIM Rules, which caused the trading of its ordinary shares on AIM to be suspended while Ghanaian authorities launched an investigation, even though this loss is not anticipated to materially affect the business’s financial performance.
The statement also mentioned that Goldstone was reviewing its internal security protocols and that the heist was still under investigation.
According to the statement, “a new security company has been selected and further security measures are being urgently implemented to ensure protection for the Company’s activities, assets, and staff moving forward.”
These problems are temporarily disrupting operations, and they are anticipated to last into Q3 2022, but the company anticipates continuing routine production of gold doré in Q3 and Q4 2022.
“The Company’s ordinary shares will no longer be suspended from trading on AIM with effect from 7.30 a.m. today, and trading in the ordinary shares on AIM will thus resume at 8 a.m. today.”
GoldStone, whose stock price was down 7.41% at the time of submitting this report, owns a 90% stake in the Homase Licence for the Homase Open Pit.