RNS Number : 5521L

Mosman Oil and Gas Limited

13 January 2021

13 January 2021

Mosman Oil and Gas Limited

("Mosman" or the "Company")

Sale of Norseman shares

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, announces that it has sold its remaining 510,000 shares that it owned in the Canadian listed Norseman Silver Inc. (previously GEM) for cAUD208,000.

The sale is a considerable surplus to the written down value as at 30 June 2020 of cAUD27,000.

Mosman now holds no interest or shares in Norseman.

Funds generated from the sale will be added to Mosman's cash reserves.

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.


 Mosman Oil & Gas Limited           NOMAD and Joint Broker 
  John W Barr, Executive Chairman    SP Angel Corporate 
  Andy Carroll, Technical            Finance LLP 
  Director                           Stuart Gledhill / Richard 
  jwbarr@mosmanoilandgas.com         Hail / Adam Cowl 
  acarroll@mosmanoilandgas.com       +44 (0) 20 3470 0470 
 Alma PR                            Joint Broker 
  Justine James                      Monecor (London) Ltd 
  +44 (0) 20 3405 0205               trading as ETX Capital 
  +44 (0) 7525 324431                Thomas Smith 
  mosman@almapr.co.uk                +44 (0) 20 7392 1432 

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(END) Dow Jones Newswires

January 13, 2021 05:35 ET (10:35 GMT)