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 May 2024
Wishbone Gold Plc
("Wishbone" or the "Company")
Exercise of Warrants
Total Voting Rights
Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), the precious metals exploration company, has received, notice to exercise warrants over a total of 25,000,000 new ordinary shares of 0.1 pence each in the Company (the "Ordinary Shares"), which will be issued at 1.0 pence per share. The exercise consideration is £250,000.
Richard Poulden, Wishbone's Chairman, commented: "With the gold price at near record highs of around US$2,400 an ounce and copper rising to around $11,000 a tonne, this funding allows us to advance several high impact exploration initiatives at our core gold and copper projects in Western Australia. It's an exciting time to be in the gold and copper exploration business and I look forward to updating shareholders in due course."
Application will be made for the Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on or around 31 May 2024.
Total Voting Rights
Following the admission of the Ordinary Shares, the Company's total issued and voting share capital will be 327,740,307 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.
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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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