Philip Cunningham requisitions meeting of shareholders of Goldstone Resources
Inc.

TORONTO, Aug. 23 /CNW/ - Mr. Philip Cunningham, a director and the largest shareholder of Goldstone Resources Inc. ("Goldstone"), announced today that he has delivered to Goldstone and its board of directors a requisition for a special meeting of shareholders pursuant to section 105(1) of the Business Corporations Act (Ontario). The meeting has been requisitioned for the purpose of removing Mr. Gary Conn and Mr. Alan Ferry from the board and to fill the resulting vacancies by electing Mr. Morris Prychidny (a financial consultant) and Mr. Paul F. Little (President, Westover Investments Inc.)

Mr. Cunningham owns and controls 10,881,110 common shares of Goldstone, representing approximately 11.1% of the outstanding common shares.

This press release is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which requires a report to be filed on SEDAR (www.sedar.com) containing additional information with respect to the foregoing matters.

SOURCE PHILIP CUNNINGHAM

For further information: For further information: Philip Cunningham at (647) 401-8965

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PHILIP CUNNINGHAM

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