Honduras expansion plans on track for Wishbone Gold
Richard Poulden, chief executive of Wishbone Gold, catches up with Proactive Investors to explain some of the detail around their recently announced new funding deal with institutional investors - arranged by RiverFort Global Capital.
The arrangement comprises a £800,000 share subscription and a separate equity sharing agreement. Up to $2 million of investment potentially comes from YA II PN, arranged by RiverFort, with an initial drawdown of US$400,000. Share warrants were also issued as part of the new arrangement.
Source: Proactive Investors