Exploration expansion with £4 million raise, TVR

Wishbone Gold

30/09/2025 07:00

RNS Number : 3794B

Wishbone Gold PLC

30 September 2025

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR

 

 

30th September 2025

 

Wishbone Gold Plc

("Wishbone" or the "Company")

London AIM & Aquis: WSBN

 

Red Setter Gold Dome exploration expansion with £4 million raise

 

 Total Voting Rights update

 

Wishbone Gold Plc announces that it has raised £4,000,000 (gross) at a placing price of 1.3 pence per share ("Placing Price") through the issue of 307,692,307 new Ordinary Shares of 0.1 pence par value each (the "New Ordinary Shares").

 

Richard Poulden, Chairman, commented: "As previously announced the results of the current drill program at Red Setter Gold Dome exploration site have been very promising and the prior analysis by Expert Geophysics has proven to be highly accurate. This fundraise will enable further expansion of the exploration at Red Setter during the current year."

 

OAK Securities acted as the Company's sole placing agent in respect of the placing.

 

Jerry Keen, Corporate Broking Partner at OAK Securities, commented: "We are very excited to be working with Wishbone at this key stage in its development. We look forward to a strong relationship with the Company and extending our support as required."

 

Application is being made for the New Ordinary Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on the AIM and AQSE markets ("Admission"). The Commencement of Dealings will be mid-October 2025 and the specific date will be announced shortly. The issue is subject only to Admission.

 

Total Voting Rights

 

The Company's total issued and voting share capital upon Admission of the New Ordinary Shares will consist of 3,022,586,461 Ordinary Shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, securities of the Company.

 

For more information on Wishbone, please visit the Company's website.

www.wishbonegold.com.

 

END

 

 

For further information, please contact:

Wishbone Gold PLC
Richard Poulden, Chairman
Tel: +971 4 584 6284
Beaumont Cornish Limited
(Nominated Adviser and AQUIS Exchange Corporate Adviser)
Roland Cornish/Rosalind Hill Abrahams
Tel: +44 20 7628 3396
OAK Securities
Mungo Sheehan, Calvin Man, Jerry Keen
Tel. +44 203 973 3678

 

OAK Securities is a trading name of Merlin Partners LLP: OC317265 Merlin Partners LLP is Authorised and Regulated by the Financial Conduct Authority: 449191

 

 

Nominated Adviser Statement

 

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in connection with this announcement and will not regard any other person as its client and will not be responsible to anyone else for providing the protections afforded to the clients of Beaumont Cornish or for providing advice in relation to such proposals. Beaumont Cornish has not authorised the contents of, or any part of, this document and no liability whatsoever is accepted by Beaumont Cornish for the accuracy of any information, or opinions contained in this document or for the omission of any information. Beaumont Cornish as nominated adviser to the Company owes certain responsibilities to the London Stock Exchange which are not owed to the Company, the Directors, Shareholders, or any other person.

 

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