REG - Mosman Oil & Gas - Warrant Exercise

Mosman Oil and GasAnnouncement

26/07/2024 09:30

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RNS Number : 0187Y  Mosman Oil and Gas Limited  26 July 2024

26 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 16,000,000 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 $8,000 will be added
to Mosman's existing cash reserves.

 

Total Voting Rights

Application will be made to the London Stock Exchange plc for 16,000,000 new
Ordinary Shares to be admitted to trading on the AIM market ("Admission") with
Admission expected to occur on or around 1 August 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 16,000,000 new Ordinary Shares the total number of
voting rights in the Company will be 15,151,362,930.

 

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                                             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                                                        CMC Markets UK Plc

 +44 (0) 20 3405 0205                                                 Douglas Crippen

 +44 (0) 7525 324431                                                  +44 (0) 020 3003 8632

 mosman@almastrategic.com (mailto:mosman@almapr.co.uk)

 

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.

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