TIDMMSMN

RNS Number : 0882P

Mosman Oil and Gas Limited

15 February 2021

15 February 2021

Mosman Oil and Gas Limited

("Mosman" or the "Company")

Warrant Exercise

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces that it has received notification to exercise warrants over a total of 10,000,000 new Ordinary Shares of no par value in the share capital of the Company (the 'Warrant Shares') at a price of 0.15 pence per share.

The funds from the exercise of the warrants of circa AUD 27,000 will be added to Mosman's existing cash reserves.

Total Voting Rights

Application will be made to the London Stock Exchange plc for 10,000,000 new Ordinary Shares to be admitted to trading on the AIM market ("Admission") with Admission expected to occur on or around 18 February 2021. 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 10,000,000 new Ordinary Shares the total number of voting rights in the Company will be 2,646,513,052.

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

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 Joint Broker 
   John W Barr, Executive Chairman    SP Angel Corporate Finance LLP 
   Andy Carroll, Technical            Stuart Gledhill / Richard Hail 
   Director                           / Adam Cowl 
   jwbarr@mosmanoilandgas.com         +44 (0) 20 3470 0470 
   acarroll@mosmanoilandgas.com 
 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 
 
 Updates on the Company's activities are regularly posted 
  on its website: www.mosmanoilandgas.com

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END

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February 15, 2021 03:24 ET (08:24 GMT)

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