MSMN.L

Mosman Oil & Gas Ltd.
Mosman Oil & Gas - Warrant Exercise and Total Voting Rights
10th July 2024, 07:28
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 8502V
Mosman Oil and Gas Limited
10 July 2024
 

10 July 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 80,000,000 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 $38,000 will be added to Mosman's existing cash reserves.

 

Total Voting Rights

Application will be made to the London Stock Exchange plc for 80,000,000 new Ordinary Shares to be admitted to trading on the AIM market ("Admission") with Admission expected to occur on or around 16 July 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 80,000,000 new Ordinary Shares the total number of voting rights in the Company will be 14,025,362,930.

 

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

+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 whilst maximising the opportunity for further production growth and increasing cashflow from its current US projects.

 

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. Mosman recently acquired an interest in helium exploration in Colorado, USA.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCZZGMNNGNGDZG]]>
TwitterFacebookLinkedIn