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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mosman Oil And Gas Limited | LSE:MSMN | London | Ordinary Share | AU0000XINET1 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0005 | -2.94% | 0.0165 | 0.016 | 0.017 | 0.0175 | 0.0165 | 0.0175 | 118,046,491 | 15:48:43 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 2.25M | -2.13M | -0.0005 | -0.40 | 801.84k |
TIDMMSMN
RNS Number : 6576Z
Mosman Oil and Gas Limited
18 December 2017
18 December 2017
Mosman Oil and Gas Limited
("Mosman" or the "Company")
Chairman's Address and Result of AGM
Mosman Oil and Gas Limited (AIM: MSMN) provides details of the 2017 AGM held in Sydney this morning.
All resolutions put to the AGM were passed, with all Directors abstaining from resolutions 2 through 8, which were related to benefits and remuneration of related parties.
Chairman's Notes
The Chairman highlighted that:
Firstly, Mosman's strategic objective remains to identify opportunities which will provide operating cash flow and have development upside, in conjunction with progressing exploration of existing exploration permits
Secondly, Mosman operates with a small number of employees and consultants. This is designed to minimise unnecessary costs. Given the Company now operates in several countries and in four time zones, it is most important that the Board recognises the efforts of all those people in 2017.
Thirdly, during the year the Company has been successful in reducing corporate costs.
Finally, the objective of becoming a producer has been achieved and Mosman now has interests in three producing projects.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
Enquiries:
Mosman Oil & Gas Limited NOMAD and Broker John W Barr, Executive SP Angel Corporate Finance Chairman LLP Andy Carroll, Technical Stuart Gledhill / Richard Director Hail / Soltan Tagiev jwbarr@mosmanoilandgas.com +44 (0) 20 3470 0470 acarroll@mosmanoilandgas.com Gable Communications Limited Justine James / John Bick +44 (0) 20 7193 7463 mosman@gablecommunications.com
Updates on the Company's activities are regularly posted on its website: www.mosmanoilandgas.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
December 18, 2017 07:22 ET (12:22 GMT)
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