Fom 06/08/2019, Ann.
Underwriting of Sunstone Metals Listed Options : These have now been fully underwritten by Morgans Corporate Ltd.Board and Management of Sunstone have provided firm commitments to exercise their 2,237,500 listed options, plus an additional 4,500,000 unlisted options with an exercise price of $0.032, to raise $211,125.
The funds to be raised from the exercising of the Options (including the 4,500,000 unlisted options with an exercise price of $0.032) totals $4.6 million (after fees).
Existing drill rig moving from Bramaderos Main to Limon to drill hole LMDD003 targeting the Limon porphyry systemExisting drill rig moving to Limon:
The drill rig which completed holes BMDD001 and BMDD002 at Bramaderos Main is now being moved to Limon and is expected to commence drilling LMDD003 this week.
The priority of the Limon drilling ahead of Bramaderos Main was established after review of historical results from exploration at Limon and analysis of the results from holes LMDD001 and LMDD002.
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