Termination of Fumbisi Option Agreement

Written by niall. Posted in 2016

19 April 2016



Goldcrest Resources plc, the gold focused company with interests in projects located in Ghana, announces that the Company’s option agreement dated 16 January 2013 over the Fumbisi prospecting licence in Ghana has been terminated.

Niall Tomlinson, Executive Director said: “The announcement of the termination of the Fumbisi agreement is in line with the Company’s focus that continues to prioritise the Akoko and Asheba projects which have near-term production prospects. The Board made a strategic decision to direct funds towards these projects and we look forward to providing updates in due course.”

The Directors of the Issuer accept responsibility for this announcement.

--ENDS--

ENQUIRIES:

Goldcrest Resources plc

Niall Tomlinson, Director

Tel: 020 3053 3631

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Cairn Financial Advisers LLP

Jo Turner

Tel: 020 7148 7900



St Brides Partners Ltd

Susie Geliher / Lottie Brocklehurst

Tel: 020 7236 1177