Wishbone Gold Plc ('Wishbone Gold' or t...

FOR: WISHBONE GOLD PLC AIM SYMBOL: WSBN PINKSHEETS SYMBOL: WISHY March 7, 2014 Wishbone Gold Plc ('Wishbone Gold' or the 'Company') Issue of Equity LONDON, UNITED KINGDOM--(Marketwired - March 7, 2014) - Further to the announcement of 14 November 2013, which contained details of a conditional Share Exchange Agreement (the 'Exchange Agreement') between the Company and Global Resources Investment Trust Plc ('GRIT'), the Company is pleased to announce that following GRIT's successful listing on the Main Market of the London Stock Exchange plc today, 7 March 2014, the Company will now be allotted 1,031,360 shares of GBP 1 each in the capital of GRIT. Pursuant to the Exchange Agreement, Wishbone Gold (AIM:WSBN) (PINKSHEETS:WISHY) has today allotted, conditional on admission of such shares to trading on AIM, 45,772,693 new ordinary shares to GRIT (the 'Exchange Shares'). Application has been made to the London Stock Exchange for the Exchange Shares to be admitted to trading on AIM ('Admission') and dealings are expected to commence on 12th March 2014. Upon Admission of the Exchange Shares, GRIT will be a substantial shareholder in Wishbone Gold, holding approximately 20 per cent. of the enlarged issued share capital of the Company. Total voting rights Following the issue of the Exchange Shares, Wishbone Gold's total issued and voting share capital will comprise of 228,874,054 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. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Wishbone Gold plc Richard Poulden Executive Chairman +61 406 647 976 / +971 504 52 4994 OR Wishbone Gold plc Clive Hyman CFO +44 7802 634163 clive.hyman@wishbonegold.com info@wishbonegold.com OR Northland Capital Partners Limited Louis Castro +44 20 7796 8800 OR Northland Capital Partners Limited Lauren Kettle +44 20 7796 8800 OR Beaufort Securities Limited Chris Rourke +44 20 7382 8300 OR Beaufort Securities Limited Guy Wheatley +44 20 7382 8300 OR St Brides Media & Finance Ltd Frank Buhagiar +44 20 7236 1177 OR St Brides Media & Finance Ltd Susie Geliher +44 20 7236 1177 -0- Wishbone Gold Plc
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