Goldstone Resources appoints Kerry Parker to its Board as Non-Executive Director

– SOUTH AFRICA, Milnerton – GoldStone Resources Limited (AIM: GRL), the AIM quoted company focused on gold in West and Central Africa, is pleased to announce the appointment of Mr Kerry Parker as a Non-Executive Director with immediate effect. Mr Parker is replacing Mr Andrew McIlwain as Unity Mining Limited’s (“Unity”), the Company’s second largest shareholder, representative on the Board. Mr McIlwain has resigned with immediate effect having recently stepped down as Managing Director and CEO of Unity. The Board wishes to extend its thanks and gratitude to Mr McIlwain for his invaluable assistance during his near four years of service to the Company.

Mr Parker is an experienced financial and commercial executive with over 25 years of experience both in Australia and internationally. Mr Parker’s experience includes significant equity and debt raising, M&A, commercial negotiation, planning and strategy development. He is currently the Chief Financial Officer of ASX listed Unity. Prior to joining Unity, Mr Parker held the role of Chief Financial Officer at ASX listed Discovery Metals Limited. Other previous roles included Chief Financial Officer and Company Secretary roles at CH4 Gas Limited, Arrow Energy Limited, Inova Resources Limited and Panax Geothermal Limited. Mr Parker holds a Bachelor of Business degree, and is a member of the Institute of Chartered Accountants of Australia and the Australian Institute of Company Directors.

Mr Parker was previously the Chief Financial Officer and Company Secretary of ASX listed Discovery Metals Limited, during which period Discovery Metals Limited went into voluntary liquidation commencing February 2015. Creditors were left with a shortfall of approximately US$60.0 million from the group. Mr Parker was also a Director at subsidiaries of the group, being, Discovery Copper Botswana, Discovery Metals Botswana, Discovery Copper Mauritius and Discovery Metals Mauritius, which also became insolvent and whose shortfall to creditors is included in the above total.

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