Exercise of warrants

31 December 2018

Wishbone Gold Plc

("Wishbone" or the "Company")

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

Exercise of Warrants

Wishbone Gold Plc (AIM: WSBN, NEX: WSBN), the precious metals trading and exploration company, has received, on 28 December 2018, a notice to exercise warrants over a total of 1,750,000 new ordinary shares of 0.1 pence each in the Company (the "Ordinary Shares"), which will be issued at 0.1 pence per share. The Company has received the exercise consideration of £1,750.

Application will be made for the Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 7th January 2019.

Following the admission of the Ordinary Shares, the Company's total issued and voting share capital will comprise of 2,653,878,980 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.

Enquiries:

Wishbone Gold PLC

Richard Poulden, Chairman Tel: +44 207 812 0645

Allenby Capital Limited

(Nominated Adviser and Joint Broker)

Nick Naylor/Nick Harriss Tel: +44 20 3328 5656

Turner Pope Investments (TPI) Limited

(Joint Broker)

Andy Thacker Tel: +44 20 3621 4120

Damson Communications

(Public Relations)

Abigail Stuart-Menteth/Rosie Quigley Tel: +44 20 7812 0645