Mosman Oil and Gas Limited Chairman's Address and Result of AGM (6576Z)
December 18 2017 - 6:22AM
UK Regulatory
TIDMMSMN
RNS Number : 6576Z
Mosman Oil and Gas Limited
18 December 2017
18 December 2017
Mosman Oil and Gas Limited
("Mosman" or the "Company")
Chairman's Address and Result of AGM
Mosman Oil and Gas Limited (AIM: MSMN) provides details of the
2017 AGM held in Sydney this morning.
All resolutions put to the AGM were passed, with all Directors
abstaining from resolutions 2 through 8, which were related to
benefits and remuneration of related parties.
Chairman's Notes
The Chairman highlighted that:
Firstly, Mosman's strategic objective remains to identify
opportunities which will provide operating cash flow and have
development upside, in conjunction with progressing exploration of
existing exploration permits
Secondly, Mosman operates with a small number of employees and
consultants. This is designed to minimise unnecessary costs. Given
the Company now operates in several countries and in four time
zones, it is most important that the Board recognises the efforts
of all those people in 2017.
Thirdly, during the year the Company has been successful in
reducing corporate costs.
Finally, the objective of becoming a producer has been achieved
and Mosman now has interests in three producing projects.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
Enquiries:
Mosman Oil & Gas Limited NOMAD and Broker
John W Barr, Executive SP Angel Corporate Finance
Chairman LLP
Andy Carroll, Technical Stuart Gledhill / Richard
Director Hail / Soltan Tagiev
jwbarr@mosmanoilandgas.com +44 (0) 20 3470 0470
acarroll@mosmanoilandgas.com
Gable Communications Limited
Justine James / John Bick
+44 (0) 20 7193 7463
mosman@gablecommunications.com
Updates on the Company's activities are regularly posted on its
website: www.mosmanoilandgas.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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