The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR").
Wishbone Gold Plc
("Wishbone Gold" or the "Company")
Wishbone Gold Plc / Index: AIM / Epic: WSBN / Sector: Natural Resources
Conversion of Fees into Shares
Issue of Equity
Wishbone Gold Plc announces that Align Research have accepted ordinary shares of 0.1p in the Company ('Ordinary Shares') as payment for their services. The appointment of Align Research was announced by the Company on 26 September 2017.
The Company has approved the conversion of £25,000, representing fees and expenses owed to Align Research, into 3,846,153 new Ordinary Shares ('New Ordinary Shares'), which have been issued at 0.65p per Ordinary Share. Application has been made for the New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 11 October 2017.
Following admission of the New Ordinary Shares, the Company's issued share capital will consist of 1,305,256,635 Ordinary Shares, with one voting right per share. Wishbone Gold does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 1,305,256,635. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.
For more information on Wishbone Gold please visit the Company's website www.wishbonegold.com.
Wishbone Gold Plc
Richard Poulden, CEO Tel: +44 207 812 0645
Nick Naylor / Nick Harriss / James Thomas Tel: +44 20 3328 5656
Beaufort Securities Limited
Elliot Hance Tel: +44 20 7382 8300
Abigail Stuart-Menteth / Amelia Hubert Tel: +44 207 812 0645
This information is provided by RNS