Wishbone Gold PLC (LON:WSBN) has revealed a delay in the publication of its annual accounts due to a requirement from its Australian auditors for a valuation of the group’s mineral properties in Australia.
The AIM and NEX-listed group said this has resulted in an increase in value in the properties which will be fully explained in the accounts when issued.
READ: Wishbone Gold to review options for Honduras gold operation
However, it added, while the issue of its accounts will be within the AIM timetable before the end of June, this exceeds the NEX Exchange Growth Market timetable which requires the accounts to be issued by the end of May.
As a result, Wishbone’s shares will therefore be suspended from trading on NEX until the accounts are issued, although this will not affect trading of the company's shares on AIM.