Update on Equity Sharing Agreement

RNS Number : 6139S

Wishbone Gold PLC

04 October 2017

 

4 October 2017

Wishbone Gold Plc

("Wishbone" or the "Company")

Wishbone Gold Plc / Index: AIM / Epic: WSBN

Update on Equity Sharing Agreement

On 18 August 2017, the Company announced that it had entered into an Equity Sharing Facility with RiverFort Global Capital ("RiverFort") (the "Announcement"). Further to the Announcement, the Company can confirm that it is currently in discussions with RiverFort regarding the calculation of the first Monthly Payment. The Company expects to announce the quantum of the first Monthly Payment during the second week of October 2017.

Going forward, the Company intends to announce the results of their monthly drawdowns in the

second week of the month after each individual drawdown.

For more information on Wishbone please visit the Company's website www.wishbonegold.com.

All definitions are as per the Announcement.

Enquiries:

Wishbone Gold PLC               

Richard Poulden, Chairman                                              Tel: [phone]

Allenby Capital Limited               

Nick Naylor/Nick Harriss/James Thomas                          Tel: [phone]

Beaufort Securities Limited       

Elliot Hance                                                                    Tel: [phone]

Damson Communications           

Abigail Stuart-Menteth/Amelia Hubert                             Tel: [phone]

 

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