Note out this morning by SP Angel (taken off Research Tree): Wishbone Gold the AIM listed metals trading and exploration company has agreed a two-year loan facility. The facility from Sanderson Capital partners is to support Wishbone’s gold trading facility. The facility carries an unusually low interest rate of 2%pa plus 0.5% on each trade of precious metals where the facility is utilised supporting a letter of credit or in direct trading. A much larger 10% commitment fee is payable in ordinary shares in Wishbone to Sanderson Capital partners better aligning Sanderson with shareholders
RE: ADVICE. Good morning. I hold 50,000 wishbone shares in my hargreaves lansdown account will i be able to purchase extra shares in the placing as i am not registered with wishbone. Should i contact HL or will they send me the appropriate form.
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