Wishbone Gold Raises £700,000, Resumes Trading

Wishbone Gold ( (GB:WSBN) ) has provided an update.

Wishbone Gold Plc announced a successful fundraise of £700,000 through the issuance of 700 million new Ordinary Shares at a placing price of 0.1 pence per share. This capital injection provides the necessary working capital for the company’s current needs, leading to the lifting of its trading suspension on the AIM and AQSE markets. The new shares are expected to commence trading around March 27, 2025, and will increase the company’s total issued share capital to over 1.24 billion shares, impacting shareholder calculations for interest notifications.

More about Wishbone Gold

Wishbone Gold Plc operates in the precious metals sector, focusing primarily on gold exploration and production. The company is listed on the London AIM and AQSE markets, targeting institutional investors and stakeholders interested in the gold market.

YTD Price Performance: -4.74%

Average Trading Volume: 8,004,335

Technical Sentiment Signal: Buy

Current Market Cap: £996K

For an in-depth examination of WSBN stock, go to TipRanks’ Stock Analysis page.