Acquisition of Deferred Shares

23 January 2026

Wishbone Gold Plc

("Wishbone" or the "Company")

London AIM & Aquis: WSBN

Acquisition of Deferred Shares

Wishbone Gold Plc announces that in accordance with the resolutions passed at the Extraordinary General Meeting ("EGM") on 28 November 2025, 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 £8,000,000. The unissued share capital increases from £4,977,413.50 to a total available of £7,959,744.13.  This means that the authorized unissued shares by number increases from 4,977,413,500 to 7,959,744,135.

For more information on Wishbone, please visit the Company's website.

www.wishbonegold.com.

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Nominated Adviser Statement

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.