REG - Wishbone Gold PLC - Issue of Shares

Wishbone GoldAnnouncement

22/11/2023 12:15

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RNS Number : 3518U  Wishbone Gold PLC  22 November 2023

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

 

 

 

 22 November 2023

 

Wishbone Gold Plc

("Wishbone" or the "Company")

 

Issue of Shares

 

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce that it will
issue 1,162,790 new ordinary shares of 0.1 pence each (the "Ordinary Shares")
at a price of 2.15 pence per share equating to £25,000 to pay for the Option
Fee following the announcement made earlier today, 22 November 2023.

 

Application will be made for the new Ordinary Shares, which will rank pari
passu with the existing Ordinary Shares in issue, to be admitted to trading on
AIM and the AQSE Growth Market ("Admission"). Dealings are expected to
commence on or around 28 November 2023.

 

Assuming that Wishbone proceeds to acquire the project, Wishbone will pay the
vendors (being Mining Equities Pty Ltd and CSI One Ltd) by the issue of
18,604,652 new ordinary shares (Acquisition Shares) at 2.15p each. This
equates to £400,000.

 

Total Voting Rights

 

The Company's total issued and voting share capital upon admission of the new
Ordinary Shares will consist of 259,135,655 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

 SP Angel Corporate Finance LLP
 (Broker)
 Ewan Leggat / Kasia Brzozowska                            Tel: +44 20 3470 0470

 Soho Communications Ltd
 (Financial PR)
 George Hudson                                             Tel: +44 7803 603130

 

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