Acquisition of Deferred Shares

RNS Number : 1318D

Wishbone Gold PLC

17 February 2020

 

17 February 2020

Wishbone Gold Plc ("Wishbone Gold" or the "Company")

Wishbone Gold Plc / Index: AIM: WSBN / Sector: Natural Resources / NEX: WSBN

Acquisition of Deferred Shares

Wishbone Gold Plc (AIM: WSBN, NEX: WSBN), the precious metals trading and exploration company, announces that in accordance with the resolutions passed at the Extraordinary General Meeting ("EGM") on 10 January 2020, the Company has today acquired all of the Company's outstanding deferred shares of 9.9 pence each for nil consideration.

Under the terms of the issue of the shares and the terms of the Gibraltar Companies Act 2014 these shares are returned to unissued share capital.

The effect of this transaction is that whilst the authorised share capital remains unchanged at £8,000,000 the unissued share capital increases from £5,154,121.00 to a total available of £7,971,541.21.  This means that the authorized unissued shares by number increases from 5,154,121,000 to 7,971,541,210.

ENDS

For further information, please contact:

Wishbone Gold PLC
Richard Poulden, Chairman	Tel: [phone]
Beaumont Cornish Limited
(Nominated Adviser and NEX Exchange Corporate Adviser)
Roland Cornish/Rosalind Hill Abrahams	Tel: [phone]
Turner Pope Investments (TPI) Limited
(Broker)
Zoe Alexander/ Andy Thacker	Tel: [phone]

 

END

 

 

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