on Hot Rocks Investments Plc (isin : GB00B1WV3198)
Hot Rocks Investments Acquires Stake in Wishbone Gold
Hot Rocks Investments plc announced an acquisition of 40,000,000 shares in Wishbone Gold plc. This move marks a significant investment as Wishbone plans drilling activities at Red Setter Dome near the Telfer Gold Mine in Australia. Gavin Burnell, Managing Director, expressed optimism about Wishbone's prospects and is keen to monitor its developments.
The investment expands Hot Rocks' portfolio, which already includes companies like Elephant Oil Corp, Orcadian Energy Plc, and Tucano Gold Inc. The directors are also evaluating opportunities in sectors such as onshore and offshore oil exploration, as well as web-based businesses to enhance shareholder value.
R. P.
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