REG - Nostra Terra O&G Co - Extension to Exercise Period for Placing Warrants

Nostra Terra Oil and GasAnnouncement

08/04/2022 07:16

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RNS Number : 7229H  Nostra Terra Oil & Gas Company PLC  08 April 2022

8 April 2022

 

Nostra Terra Oil and Gas Company Plc

("Nostra Terra" or "the Company")

 

Extension to Exercise Period for Placing Warrants

 

Nostra Terra (AIM: NTOG), the international oil & gas exploration and
production company with a portfolio of production and development assets in
Texas, USA, advises that it has resolved to extend the existing deadline for
the warrants exercisable at 0.60p (the "Warrants") from 8 April 2022 until 8
April 2023.

 

This "one off" measure has been implemented to enable holders of the Warrants
an opportunity to exercise pursuant to the terms of the original warrant
instrument but were unable to do so during the current pandemic situation. The
subscription rights of the Warrants are over 73,611,000 Ordinary Shares in the
Company. In addition, the Company will have the opportunity of subscription
proceeds of up to £441,667.

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic
Law by virtue of the European Union (Withdrawal) Act 2018. Upon the
publication of this announcement, this inside information is now considered to
be in the public domain.

 

For further information, contact:

 Nostra Terra Oil and Gas Company plc          Tel:   +1 480 993 8933

 Matt Lofgran, CEO

 Beaumont Cornish Limited                      Tel:   +44 (0) 20 7628 3396

 (Nominated Adviser)

 James Biddle/ Roland Cornish

 Novum Securities Limited (Broker)             Tel:   +44 (0) 207 399 9425

 Jon Belliss

                                               Tel:   +44 (0) 7791 892509

 Lionsgate Communications (Public Relations)

 Jonathan Charles

 

 

 

 

 

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