Wishbone Gold plc

Wishbone Gold plc

May 27, 2015 09:30 ET

Wishbone Gold plc ("Wishbone" or "the Company"): Cessation of ADR Option

LONDON, UNITED KINGDOM--(Marketwired - May 27, 2015) - Wishbone Gold plc (AIM:WSBN), the AIM listed exploration and acquisition company focused on identifying and developing precious metal assets, today announces that their ADR program has ended.

The ADR program was terminated on 24th April 2015 by Deutsche Bank AG ("Deutsche Bank"). Deutsche Bank New York sent out a notice on March 25, 2015. The Deposit Agreement states that Deutsche Bank cannot sell the ADRs for a period of six months following termination of the ADR program, being on or around 24th September 2015.

This does not prevent ADR shareholders from cancelling their ADRs and receiving the underlying ordinary shares. Once underlying ordinary shares are received they can be sold on the London Stock Exchange. All brokers wishing to go down this route should contact Deutsche Bank broker desks on the following numbers:

New York: +1 212 250 9100
London: +44 207 547 6500
Hong Kong : +852 2203 7854

Email: adr@db.com

The ADR program ended because Deutsche Bank has decided they will no longer run programs for small-cap ADRs. We apologise to holders of ADRs for the inconvenience and if there are any problems holders have after contacting Deutsche on the above numbers please contact the Company and we will do what we can to assist.

Contact Information

  • Wishbone Gold plc
    Richard Poulden
    Executive Chairman
    +971 504524994
    +44 77 0341 2817

    Wishbone Gold plc
    Clive Hyman
    Chief Financial Officer
    +44 20 7562 7653
    +44 78 0263 4163

    Sanlam Securities UK Limited
    Simon Clements/Virginia Bull
    +44 20 7628 2200

    Beaufort Securities Limited
    Elliot Hance/Saif Janjua
    +44 20 7382 8300

    Damson PR
    Abigail Stuart-Menteth
    +44 7855 526550