Exercise of Warrants and TVR

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR")

21 July 2021

Wishbone Gold Plc

("Wishbone" or the "Company")

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

Exercise of Warrants

Total Voting Rights

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), the precious metals exploration company, has received, notice to exercise warrants over a total of 3,703,704 new ordinary shares of 0.1 pence each in the Company (the "Ordinary Shares"), which will be issued at 3.3 pence per share. The Company has received the exercise consideration of £122,222.23. As previously announced these warrants were issued as part of the consideration for the acquisition of Red Setter and associated tenements.

Application will be made for the Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on or around 27 July 2021.

Following the admission of the Ordinary Shares, the Company's total issued and voting share capital will comprise of 172,895,213 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.

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