Wishbone Gold PLC - Unaudited Interim Results
Announcement provided by
Wishbone Gold Plc · WSBN30/09/2026 09:50
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of

30th September 2026
Wishbone Gold Plc
("Wishbone" or the "Company")
London AIM & Aquis: WSBN
Unaudited Interim Results for the period ending 30th June 2026
Wishbone announces its interim results for the six-month period ended 30th June 2026. Shareholders are reminded that these results are unaudited and based on the Company's management accounts.
Interim Operating Highlights
On 10th February 2026, Wishbone won a contested ballot for 67km2 of mineral title on crown land, 25km north-west of Telfer, which was applied for by multiple parties.
On 16th March 2026, the Company confirmed the presence of gold and copper mineralisation within the Red Setter diorite trend, which extends for approximately 4 kilometers. Those assay results further support the potential for the project to host a large-scale mineralised system within one of
On 9th April 2026, Wishbone signed an option for a cash payment of
On 20th April 2026, a Reverse Circulation (RC) rig was mobilised from
On 26th May 2026, the Company exercised its option to acquire the Silver Lake Project. Consideration for the acquisition comprised the issue of 3,571,777 new Ordinary Shares at
On 11th June 2026, the Company provided an update on exploration activities at the Red Setter Project in
Recent RNS announcements have covered the extension of the Red Setter drill programme, associated fundraising and the encouraging results seen so far.
Interim Financial Highlights
At the end of the period under review, the accounts show that Wishbone held cash balances totalling £3,140,810 (December 2025: £3,397,895). Operating costs, excluding interest during the period, were £891,836 (June 2025: £757,319).
On 22nd April 2026, the Company raised gross proceeds of
In addition, warrants have been issued to subscribers on the basis of one warrant for every two shares subscribed in the issue with a strike price of 40p per share, this being 50% above the placing price. These are exercisable within the period of two and a half years from the date of the placing.
Conclusion
The Company continues its strategy of exploration focused on its properties in
In conclusion, I would like to thank you all: staff, shareholders and advisers for your hard work and support over what has been a key period for Wishbone.
Richard Poulden
Chairman
For more information on Wishbone, please visit the Company's website.
END
For further information, please contact:
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Wishbone Gold PLC |
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Richard Poulden, Chairman |
Tel: +971 4 584 6284 |
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Beaumont Cornish Limited |
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(Nominated Adviser and AQUIS Exchange Corporate Adviser) |
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Roland Cornish/Rosalind Hill Abrahams |
Tel: +44 20 7628 3396 |
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Cranborne Communications Ltd |
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George Hudson |
Tel: +44 (0)7803 603130 |
Nominated Adviser Statement
Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the
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Wishbone Gold PLC |
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Consolidated Income Statement |
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for the period 1 January 2026 to 30 June 2026
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Unaudited Six Months Ended 30 June 2026 |
Unaudited Six Months Ended 30 June 2025 |
Audited Year Ended 31 December 2025 |
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£ |
£ |
£ |
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Continuing Operations |
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Other Income |
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- |
496,551 |
506,088 |
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Operating costs |
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(891,836) |
(757,319) |
(1,710,063) |
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Operating loss |
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(891,836) |
(260,768) |
(1,203,975) |
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Foreign exchange gains/(loss) |
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1,996 |
841 |
(3,646) |
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Loss from continuing operations - before taxation |
(889,840) |
(259,927) |
(1,207,621) |
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Tax on loss |
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- |
- |
- |
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Loss from continuing operations |
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(889,840) |
(259,927) |
(1,207,621) |
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Loss for the financial year |
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(889,840) |
(259,927) |
(1,207,621) |
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Wishbone Gold PLC |
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Consolidated Statement of Financial Position |
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as at 30 June 2026 |
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Unaudited Six Months Ended 30 June 2026 |
Unaudited Six Months Ended 30 June 2025 |
Audited Year Ended 31 December 2025 |
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£ |
£ |
£ |
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Current assets |
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Trade and other receivables |
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592,675 |
678,288 |
1,178,922 |
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Cash and cash equivalents |
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3,140,810 |
825,981 |
3,397,895 |
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3,733,485 |
1,504,269 |
4,576,817 |
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Non-current assets |
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Other intangible assets |
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11,025,332 |
5,877,914 |
8,023,553 |
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11,025,332 |
5,877,914 |
8,023,553 |
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Total assets |
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14,758,817 |
7,382,183 |
12,600,370 |
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Current liabilities |
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696,593 |
155,250 |
302,024 |
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Equity |
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Share capital |
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37,972 |
5,181,545 |
30,227 |
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Share premium |
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30,435,582 |
17,356,195 |
28,307,513 |
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Share payment reserve |
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72,987 |
72,987 |
72,987 |
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Translation Adjustment |
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(411,419) |
(411,419) |
(411,419) |
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Foreign exchange reserve |
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(323,663) |
(1,060,674) |
(841,567) |
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Accumulated losses |
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(15,749,235) |
(13,911,701) |
(14,859,395) |
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Total equity and liabilities |
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14,758,817 |
7,382,183 |
12,600,370 |
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Wishbone Gold PLC |
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Consolidated Statement of Cash Flows |
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for the period 1 January 2026 to 30 June 2026 |
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Unaudited Six Months Ended 30 June 2026 |
Unaudited Six Months Ended 30 June 2025 |
Audited Year Ended 31 December 2025 |
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£ |
£ |
£ |
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Cash flows from operating activities |
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Loss before tax |
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(889,840) |
(259,927) |
(1,207,621) |
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Reconciliation to cash generated from operations: |
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Foreign exchange (gain)/loss |
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36,775 |
(841) |
33,106 |
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Operating cash flow before changes in working capital |
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(853,065) |
(260,768) |
(1,174,515) |
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Decrease/(increase) in receivables |
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586,247 |
(619,159) |
(1,119,793) |
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Increase/(decrease) in payables |
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394,569 |
(470,833) |
(324,059) |
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Cash outflow from operations |
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127,751 |
(1,350,760) |
(2,618,367) |
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Cash flows from investing activities |
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(Increase)/Decrease in Assets |
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(2,522,646) |
79,779 |
(2,054,987) |
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Net cash flow from investing activities |
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(2,522,646) |
79,779 |
(2,054,987) |
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Cash flows from financing activities |
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Issue of shares for cash |
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2,135,814 |
2,150,000 |
7,950,000 |
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Net cash flow from financing activities |
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2,135,814 |
2,150,000 |
7,950,000 |
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Effects of exchange rates on cash and cash equivalents |
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1,996 |
(177,933) |
(3,646) |
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Net increase/(decrease) in cash |
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(257,085) |
701,086 |
3,273,000 |
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Cash at bank at 1 Jan |
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3,397,895 |
124,895 |
124,895 |
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Cash at bank at period end |
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3,140,810 |
825,981 |
3,397,895 |
Note: The full year figures for the year ended 31 December 2025 are derived from the Company's statutory accounts for that period on which the auditors provided an unqualified report.
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