10 September 2024
Mosman Oil and Gas Limited
("Mosman"
or the "Company")
Warrant
Exercise
Mosman Oil and Gas Limited (AIM: MSMN) the helium,
hydrogen and hydrocarbon exploration, development and production
company, announces that it has received notification to exercise
warrants over a total of 100,000,000 new Ordinary Shares of no par
value in the share capital of the Company (the 'Warrant Shares') at
a price of 0.025 pence per share.
The funds from the exercise of the warrants of circa
AUD $49,000 will be added to Mosman's existing cash reserves.
Total Voting
Rights
Application will be made to the London Stock Exchange
plc for 100,000,000 new Ordinary Shares to be admitted to trading
on the AIM market ("Admission") with Admission expected to occur on
or around 16 September 2024. The new Ordinary Shares will rank pari
passu in all respects with the existing Ordinary Shares including
the right to receive any dividend or other distribution thereafter
declared, made or paid. There are no Ordinary Shares held in
treasury. Following Admission of the 100,000,000 new Ordinary
Shares the total number of voting rights in the Company will be
15,251,362,930.
Consequently, the above figure may be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of
the Company under the Company's Constitution.
Market
Abuse Regulation (MAR) Disclosure
The information contained within this announcement is
deemed by the Company to constitute inside information as
stipulated under the Market Abuse Regulations (EU) No. 596/2014
('MAR') which has been incorporated into UK law by the European
Union (Withdrawal) Act 2018. Upon the publication of this
announcement via Regulatory Information Service ('RIS'), this
information is now considered to be in the public domain.
Enquiries:
|
Mosman Oil & Gas Limited
Andy Carroll
CEO
acarroll@mosmanoilandgas.com
|
NOMAD and Joint Broker
SP Angel Corporate Finance
LLP
Stuart Gledhill / Richard Hail /
Adam Cowl
+44 (0) 20 3470 0470
|
|
Alma
Justine James
+44 (0) 20 3405 0205
+44 (0) 7525 324431
mosman@almastrategic.com
|
Joint Broker
CMC Markets UK Plc
Douglas Crippen
+44 (0) 020 3003 8632
|
Updates on the Company's activities are
regularly posted on its website: www.mosmanoilandgas.com
Notes to
editors
Mosman (AIM: MSMN) is a helium, hydrogen and
hydrocarbon exploration, development, and production company with
projects in the US and Australia. Mosman's strategic objectives
remain consistent: to identify opportunities which will provide
operating cash flow and have development upside, in conjunction
with progressing exploration. The Company has several projects in
the US, in addition to exploration projects in the Amadeus Basin in
Central Australia.