Deutsche Bank has been appointed depositary bank for the non-capital raising sponsored Level I American Depositary Receipt (ADR) program of Wishbone Gold Plc (Wishbone), an exploration and acquisition company focused on identifying and developing precious metal assets.
According to Deutsche Bank, Wishbone aims to be a consolidator of viable gold resources globally, and plans to explore two gold concessions it has acquired in Queensland, Australia.
We welcome Wishbone to our depositary receipts platform, says Akbar Poonawala, head of Global Equity Services at Deutsche Bank. Our broad range of customized services will be used to assist Wishbone in enhancing the visibility of its ADR program with the investor community.
(CG)