Update on the Equity Sharing Agreement

RNS Number : 9223E

Wishbone Gold PLC

14 February 2018

 

14 February 2018

Wishbone Gold Plc

("Wishbone Gold" or the "Company")

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

Update on the Equity Sharing Agreement

Wishbone Gold Plc has announced the Equity Sharing Agreement on 18 August 2017 with D-Beta One EQ, Ltd (the "Announcement").

Further to the announcement, the Company can confirm that D-Beta One EQ Ltd has settled $34,372.00 (the "Settlement Amount") to the Company under the Equity Sharing Agreement for the period November 2017 to January 2018.

The Settlement Amount has been allocated as follows:

·      $10,121.00 towards loan repayment under the Investment Agreement with YA II PN Ltd

·      $7,065.00 towards interest on the loan

·      $17,186.00 to the Company

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

All defined terms are as used in the Announcement.

Enquiries:

Wishbone Gold Plc

Richard Poulden, CEO                                        Tel: [phone]

Allenby Capital

Nick Naylor / Nick Harriss                                    Tel: [phone]

Beaufort Securities Limited

Elliot Hance                                                        Tel: [phone]

Damson Communications

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

 

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