17th Feb 2020 07:00
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: +971 43 43 5134 |
Beaumont Cornish Limited | |
(Nominated Adviser and NEX Exchange Corporate Adviser) | |
Roland Cornish/Rosalind Hill Abrahams | Tel: +44 20 7628 3396 |
Turner Pope Investments (TPI) Limited | |
(Broker) | |
Zoe Alexander/ Andy Thacker | Tel: +44 20 3657 0050 |
Related Shares:
Wishbone