General Meetings, Share Consolidation and TVR

General Meetings

Share Consolidation

Total Voting Rights

Further to the announcement of 6 November 2025 relating to the annual general meeting of shareholders ("AGM") and extraordinary general meeting ("EGM") to be held on 28th November 2025 at 11:00am (CET) and 11:15am (CET) respectively at Hassans International Law Firm, Madison Building, Midtown, Queensway, GX11 1AA, Gibraltar. Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), today announces details of the share consolidation resolution being put to shareholders at the EGM.

Capital Reorganisation

The Company currently has 3,022,586,460 Existing Ordinary Shares. The Directors consider that it is in the best interests of the Company's long term development as a public quoted company to have a more manageable number of issued ordinary shares and to have a higher share price.

The Capital Reorganisation, which comprises a consolidation and subdivision of shares, has been structured in such a way that each of the New Ordinary Shares created pursuant to the Capital Reorganisation shall have a nominal value of 0.1 pence. This is achieved by a consolidation of every 100 Existing Ordinary Shares into one Consolidated Share followed by an immediate subdivision of each Consolidated Share into one New Ordinary Share of 0.1 pence and one Deferred B Share of 9.9 pence.

Resulting issued share capital and Total Voting Rights

The issued share capital of the Company immediately following the Capital Reorganisation (assuming it is approved by the Shareholders) is expected to comprise 30,225,865 New Ordinary Shares and 30,225,865 Deferred B Shares.

The total number of voting rights in the Company will therefore be 30,225,865 and this figure may be used by Shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Admission of the New Ordinary Shares

Application will be made for the New Ordinary Shares to be admitted to trading on AIM and AQSE ("Admission") in place of the Existing Ordinary Shares. It is expected that Admission will become effective and that dealings in the New Ordinary Shares will commence on 1 December 2025.

New ISIN and SEDOL

The Company has applied for a new ISIN and SEDOL which are set out in Appendix One below and which will become effective following the Capital Reorganisation.

Letters to shareholders on the AGM and EGM were posted on 6 November 2025, and copies of the notices and forms can be found on the Company's website www.wishbonegold.com.

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

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Unless otherwise defined, capitalised terms used in this announcement shall have the same meaning as those defined in the letters to Shareholders.

APPENDIX ONE

EXPECTED TIMETABLE OF PRINCIPAL EVENTS

Notes:

• References to times and dates are to times and dates in London GMT (unless otherwise stated).
• The timing of the events set out in the above timetable and in the letters to Shareholders is indicative only. If any of the above times and/or dates should change, the revised times and/or dates will be notified via an announcement through a Regulatory Information Service.
• Temporary documents of title will not be issued.

KEY STATISTICS

Conversion ratio of Existing Ordinary Shares to Consolidated Shares is 100 Existing Ordinary Shares : 1 Consolidated Share

Number of Existing Ordinary Shares 3,022,586,460

Expected number of New Ordinary Shares in issue following the Capital Reorganisation 30,225,865

Expected number of Deferred B Shares in issue following the Capital Reorganisation 30,225,865

ISIN code for the New Ordinary Shares GI000A41V1Y7

SEDOL for the New Ordinary Shares BSSBXC3