REG - Mosman Oil & Gas Ltd - Notice of AGM and Posting of Circular

Mosman Oil and GasAnnouncement

10/10/2025 08:00

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RNS Number : 8979C  Mosman Oil and Gas Limited  10 October 2025

10 October 2025

 

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 

Notice of Annual General Meeting and Posting of Circular

Mosman Oil and Gas Limited (AIM: MSMN), the helium, hydrogen and hydrocarbon
company, announces that the Notice of Annual General Meeting ("AGM") and
accompanying Proxy Form have today been posted to shareholders and are also
available on the Company's website at www.mosmanoilandgas.com.

The AGM will be held at 7:00pm (AEDT) / 8:00am (GMT) on 10 November 2025 at
Level 4, 55 York Street, Sydney NSW 2000, Australia.

Holders of Depositary Interests should lodge Forms of Instruction with the
Depositary at The Pavilions, Bridgewater Road, Bristol BS99 6ZY, or via the
CREST voting system, no later than 12:00 p.m. (London time) on 7 November 2025
(being 11:00 p.m. AEDT on the same date).

All other shareholders should lodge their completed proxy forms with the
Company no later than 12:00 p.m. AEDT on 7 November 2025 (being 1:00 a.m.
London time on the same date).

Business of the Meeting

The AGM will, inter alia, seek shareholder approval for the following matters:

·      The re-election and ratification of Directors, including the
appointments of Graham Duncan and Andrew Scott

·      Approval for Related Party Share Issues to Directors, the Company
Secretary, and the Chief Executive Officer (each approximately A$30,000 in
ordinary shares) for nil consideration, the number of shares issued will be
based on the 5-day VWAP immediately prior to the AGM. These shares are subject
to a 12-month escrow period.

·      An advisory vote on the Directors' Remuneration Report in
accordance with the updated QCA Corporate Governance Code

·      A special resolution to change the Company's name from Mosman Oil
and Gas Limited to Quantum Helium Limited, reflecting the Company's focus on
helium exploration and development

The circular also contains updated details of director remuneration
arrangements.

AIM Rule 13 - Related Party Transactions

Each of Carl Dumbrell, Nigel Harvey, Graham Duncan, Andrew Scott, and Howard
McLaughlin are considered as related parties of the Company under AIM Rule 13.
Accordingly, the proposed issue of shares to these individuals constitute
related party transactions.

The Company's Nominated Adviser, SP Angel Corporate Finance LLP, considers
the terms of the issue of shares to related parties to be fair and reasonable
insofar as Mosman's shareholders are concerned.

Proposed change of Name and Ticker

Subject to shareholder approval and registration with the Australian
Securities and Investments Commission (ASIC), the Company's name will change
to Quantum Helium Limited, with a proposed new AIM ticker QHE. A further
announcement will be made regarding the timetable for the proposed change of
name in due course.

Carl Dumbrell, Executive Chairman of Mosman, commented: "This year marks a
significant milestone as Mosman completes its strategic transition to become
Quantum Helium Limited, focused on helium exploration and development in North
America. The proposed share awards align management with shareholders during
this next growth phase, while the new name reflects the Company's sharpened
identity and ambition in the energy transition sector."

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      NOMAD and Joint Broker

 Carl Dumbrell                 SP Angel Corporate Finance LLP

 Chairman                      Stuart Gledhill / Richard Hail / Adam Cowl

                               +44 (0) 20 3470 0470
 Brand Communications          Joint Broker

 Alan Green                    CMC Markets UK Plc

 Tel: +44 (0) 7976 431608      Douglas Crippen

                               +44 (0) 020 3003 8632

 

Updates on the Company's activities are regularly posted on its
website: www.mosmanoilandgas.com (http://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, in
conjunction with progressing exploration. The Company has several projects in
the US, in addition to royalty interests in Australia.

 

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