REG - Wishbone Gold PLC - Fundraise, Lifting of Suspension and TVR

Wishbone GoldAnnouncement

24/03/2025 09:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250324:nRSX8669Ba&default-theme=true

RNS Number : 8669B  Wishbone Gold PLC  24 March 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

 

 

24 March 2025

 

Wishbone Gold Plc

("Wishbone" or the "Company")

London AIM & AQSE: WSBN

 

Fundraise of £700,000

Lifting of Suspension and Total Voting Rights

 

Wishbone Gold Plc is pleased to announce it has raised gross proceeds of
£700,000 at a placing price of 0.1 pence per share ("Placing Price") through
the issue of 700,000,000 new Ordinary Shares of 0.1 pence each (the "New
Ordinary Shares"). Tavira Financial acted as broker to the placing and raised
gross proceeds of £450,000; an additional £250,000 was placed directly with
institutional shareholders of the Company (together the "Fundraise").

 

The proceeds of the Fundraise will provide sufficient working capital for the
Company's present requirements as identified in the announcement of 19 March
2025. Accordingly, further to the Company's request, a lifting in the
suspension and trading on the AIM and AQSE markets has resumed at 09.30 today.

 

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"). Dealings are expected to commence on
or about 27 March 2025 and 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 1,248,740,307 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 (http://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

 Tavira Financial Limited
 (Broker)
 Chris Kipling                                             Tel: +44 20 3833 3742

 Soho Communications Ltd
 (Financial PR)
 George Hudson                                             Tel: +44 78 0360 3130

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEMZGZFLDLGKZG