DJ Wishbone Gold PLC 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 GBP8,000,000 the unissued share capital increases from GBP5,154,121.00 to a total available of GBP7,971,541.21. This means that the authorized unissued shares by number increases from 5,154,121,000 to 7,971,541,210.
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
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(END) Dow Jones Newswires
February 17, 2020 02:00 ET (07:00 GMT)