REG - Mosman Oil & Gas - Result of AGM

Mosman Oil and GasAnnouncement

29/11/2024 08:45

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RNS Number : 1851O  Mosman Oil and Gas Limited  29 November 2024

 

29 November 2024

 

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 

Result of Annual General Meeting

 

Mosman Oil and Gas Limited (AIM: MSMN) the helium, hydrogen and hydrocarbon
exploration, development and production company, announces that the 2024 AGM
was held in Sydney earlier today.

 

The Board is pleased to announce that all Resolutions were passed by way of a
show of hands with overwhelming support via proxy.

 

The following proxies were received:

 

 

 Resolution    For          Against     Percentage voted in favour
 Resolution 1  490,448,108  69,803,615  87.5%
 Resolution 2  487,451,509  72,800,214  87.0%
 Resolution 3  589,767,672  72,800,214  89.0%
 Resolution 4  487,144,190  73,107,533  87.0%
 Resolution 5  483,835,256  76,416,467  86.4%

 

With regards to Resolution 1, the Company provides notice this day that Mr
Andrew Carroll was re-elected to the Board.

 

With regards to Resolutions 2 and 3, the Company provides notice this day that
in accordance with the previously announced Director Subscription the Company
will issue 21,428,572 Shares at 0.035p per share to Executive Director and CEO
Andrew Carroll, and 21,428,572 Shares at 0.035p per share to Non-Executive
Chairman Nigel Harvey. Following the issue of the shares, Mr Carroll will hold
169,296,432 shares and 42,105,263 warrants, and Mr Harvey will hold 63,671,335
shares and 21,052,632 warrants.

 

With regards to Resolutions 4 and 5, the Company will provide further
information as and when Mr Andrew Carroll's Options are issued. The exercise
price for the options will be 0.077p.

 

Admission to AIM and Total Voting Rights

 

Application has been made to the London Stock Exchange for the Director
Subscription shares, which will rank pari passu with the Company's existing
issued ordinary shares, to be admitted to trading on AIM and dealings are
expected to commence at 8:00 a.m. on or about 5 December 2024.

 

Following the issue of the Director Subscription shares, the Company's share
and total voting rights will comprise 19,537,077,218 Ordinary Shares of no par
value and the Company does not hold any shares in treasury.

 

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 to their interest in, the
share capital of the Company in accordance with the Companies' Articles.

 

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

 Andy Carroll                                                         SP Angel Corporate Finance LLP

 CEO                                                                  Stuart Gledhill / Richard Hail / Adam Cowl

 acarroll@mosmanoilandgas.com (mailto:acarroll@mosmanoilandgas.com)   +44 (0) 20 3470 0470
 Alma                                                                 Joint Broker

 Justine James / Will Merison                                         CMC Markets UK Plc

 +44 (0) 20 3405 0205                                                 Douglas Crippen

 mosman@almastrategic.com (mailto:mosman@almapr.co.uk)                +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 exploration projects in the Amadeus Basin in Central
Australia.

 

 1.  Details of PDMR/person closely associated with them ("PCA")
 a)  Name                                                         1)  Andy Carroll

                                                                  2)  Nigel Harvey
 2.  Reason for the notification
 a)  Position/status                                              1)  CEO

                                                                  2)  Non-Executive Chairman
 b)  Initial notification/                                        Initial notification

amendment
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Full name of the entity                                      Mosman Oil and Gas Limited
 b)  Legal Entity Identifier code                                 213800PWZID9URNNGZ54
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of Mosman Oil and Gas Limited

Identification code

AU0000XINET1
 b)  Nature of the transaction                                    Issue of Placing Shares

 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  1)   0.035p    21,428,572

                                                                  2)   0.035p    21,428,572
 d)  Aggregated information

     -     Aggregated volume                                      Single transaction as in 4c) above

     -     Price
 e)  Date of the transaction                                      29 November 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

Single transaction as in 4c) above

e)

Date of the transaction

29 November 2024

f)

Place of the transaction

Outside a trading venue

 

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