4 June 2024
Mosman Oil and Gas
Limited
("Mosman"
or the "Company")
Warrant
Exercise
Mosman Oil and Gas Limited (AIM:
MSMN) the hydrocarbon, helium and hydrogen exploration, development
and production company, announces that it has received notification
to exercise warrants over a total of 264,000,000 new Ordinary
Shares of no par value in the share capital of the Company (the
'Warrant Shares') at a price of 0.0125 pence per share.
The funds from the exercise of the
warrants of circa AUD 63,000 will be added to Mosman's existing
cash reserves.
Total Voting Rights
Application will be made to the
London Stock Exchange plc for 264,000,000 new Ordinary Shares to be
admitted to trading on the AIM market ("Admission") with Admission
expected to occur on or around 7 June 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
264,000,000 new Ordinary Shares the total number of voting rights
in the Company will be 12,601,362,930.
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, Technical
Director
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 / Will
Merison
+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 hydrocarbon,
helium and hydrogen 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 whilst maximising the
opportunity for further production growth and increasing cashflow
from its current US projects.
In addition, Mosman has two
exploration areas in the Amadeus Basin in Central Australia which
are well positioned to take advantage of the increasing demand for
Helium and Hydrogen, in addition to oil and gas.
