WISHBONE GOLD PLC

Declaration of Voting Results & Voting Rights Announcements • Oct 31, 2018

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RNS Number : 9020F

Wishbone Gold PLC

31 October 2018

31 October 2018

Wishbone Gold Plc

("Wishbone" or the "Company")

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

Issue of new ordinary shares in settlement of fees and commissions

and

Total Voting Rights

Issue of new ordinary shares in settlement of fees and commissions

Further to the appointment of Turner Pope Investments Limited ("TPI") as joint broker to the Company, TPI have agreed to accept the issue of new ordinary shares of 0.1p each in the Company (the "Ordinary Shares") in settlement for: a) their brokerage fees; and b) the commissions due to them in connection with the fundraising announced on 17 October 2018. The new Ordinary Shares will be issued at the same price as the recently completed fundraising (i.e. 0.1p per new ordinary share). TPI will receive 40,600,000 new Ordinary Shares, of which 15,600,000 shares are in settlement of their commissions in relation to this placing and 25,000,000 shares are in settlement of TPIs annual retainer for services as Wishbone's Joint broker, for a total value of £40,600 (the "New Ordinary Shares").

Pursuant to the placing agreement entered into by the Company with TPI at the time of the fundraising, the Company will also grant 20,300,000 warrants (exercisable for a period of 2 years from 31 October 2018 at the placing price of 0.1 pence per ordinary share) to TPI.

Application will be made for the New Ordinary Shares to be admitted to trading on AIM and the NEX Exchange Growth Market, and dealings are expected to commence on 2 November 2018 ("Admission").

Total Voting Rights

As at the date of this announcement the Company's total issued and voting share capital will comprise of 2,084,231,466 Ordinary Shares, with one voting right per Ordinary Share. The Company does not hold any Ordinary Shares in treasury. The total number of Ordinary Shares and voting rights in the Company is therefore 2,104,231,466.

The figure of 2,104,231,466 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, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Following Admission of the New Ordinary Shares, the Company's total issued and voting share capital will comprise of 2,144,831,466 Ordinary Shares. This figure may be used from Admission 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: +44 207 812 0645

Allenby Capital Limited (Joint Broker, Corporate Adviser and Nominated Adviser)

Nick Naylor/Nick Harriss                                                                              Tel: +44 203 328 5656

Turner Pope Investments Limited (Joint Broker)

Andy Thacker                                                                                                  Tel: +44 20 3621 4120

Damson Communications

Abigail Stuart-Menteth/Amelia Hubert                                                      Tel: +44 20 7812 0645

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