Institutional Fundraise of £1.1 million and TVR

Wishbone Gold PLC

22 April 2026

 

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 April 2026

Wishbone Gold Plc

("Wishbone" or the "Company")

London AIM & Aquis: WSBN

Institutional Fundraise of £1.1 million and Total Voting Rights

Wishbone Gold Plc is pleased to announce it has raised gross proceeds of £1,100,000 in an institutional placing facilitated and arranged by Marex Financial at a placing price of 26.35 pence per share ("Placing Price") through the issue of 4,174,573 new Ordinary Shares of 0.1 pence par value each (the "New Ordinary Shares").

In addition, warrants have been issued to subscribers on the basis of one warrant for every two shares subscribed in the issue with a strike price of 40p per share, this being 50% above the placing price. These are exercisable within the period of two and a half years from the date of the placing.

Richard Poulden, Wishbone Gold's Chairman, stated:

"We were approached by an institutional investor through Marex who expressed a serious interest in our Western Australia projects. Red Setter is located only 20km from Greatland Resources' Telfer gold mine which is drilling more meters in 2026 than in Telfer's history. We have further tenement packages in that region which we have yet to explore. In addition, the analysis of the Silver Lake project which we recently announced we had signed an option to acquire is looking extremely promising. This fundraise will also cover the initial development of this prospect. Overall we are very excited for the coming year given our expanded drill programme at Red Setter and the prospects at Silver Lake."

Application is being made for the New Ordinary Shares, which will rank pari passu with the existing Ordinary Shares on issue, to be admitted to trading on the AIM and AQSE markets ("Admission"). Dealings in respect of 4,174,573 New Ordinary Shares are expected to commence on or about 29 April 2026 and the issue is subject only to Admission.

Total Voting Rights ("TVR")

The Company's total issued and voting share capital upon Admission will consist of 34,400,438 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.

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For further information, please contact:

Wishbone Gold PLC
Richard Poulden, Chairman	Tel: [phone]
Beaumont Cornish Limited
(Nominated Adviser and AQUIS Exchange Corporate Adviser)
Roland Cornish/Rosalind Hill Abrahams	Tel: [phone]
Cranborne Communications Ltd
George Hudson	Tel: [phone]

Nominated Adviser Statement

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in connection with this announcement and will not regard any other person as its client and will not be responsible to anyone else for providing the protections afforded to the clients of Beaumont Cornish or for providing advice in relation to such proposals. Beaumont Cornish has not authorised the contents of, or any part of, this document and no liability whatsoever is accepted by Beaumont Cornish for the accuracy of any information, or opinions contained in this document or for the omission of any information. Beaumont Cornish as nominated adviser to the Company owes certain responsibilities to the London Stock Exchange which are not owed to the Company, the Directors, Shareholders, or any other person.

 

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