Mosman Oil and Gas Limited Results of EGM and TVR (0246G)

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RNS Number : 0246G

Mosman Oil and Gas Limited

02 August 2016

2 August 2016

Mosman Oil and Gas Limited

("Mosman" or the "Company")

Results of EGM and TVR

Mosman Oil and Gas Limited ("Mosman" or the "Company") (AIM: MSMN) the New Zealand and Australia focussed oil exploration and development company, held its EGM earlier today at which all resolutions proposed to shareholders were duly passed.

The Company will proceed to make the filings of the selective shareholder buyback documents with the registry and Australian statutory bodies. The Company will also apply to the London Stock Exchange for the admission to trading on AIM of the depositary interests representing the selective buyback shares to be cancelled which is expected to occur on or around 8 August 2016.

Following these filings and registrations the share capital on issue will reduce by 9,000,000 shares and will be cancelled pursuant to section 257H of the Corporations Act 2001 Cth.

Total Voting Rights

In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company hereby announces that following cancellation of the selective buyback shares it will have 206,591,008 ordinary shares of no par value each in issue, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 206,591,008.

The above figure of 206,591,008 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 FCA's Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries

 
 Mosman Oil & Gas Limited          NOMAD and Broker 
  John W Barr, Executive            SP Angel Corporate Finance 
  Chairman                          LLP 
  [e-mail]        Stuart Gledhill / Richard 
  Jarrod T White, Company           Hail 
  Secretary                         [phone] 
  [e-mail] 
 Gable Communications 
  Limited 
  Justine James / John 
  Bick 
  [phone] 
  [e-mail] 
 

Updates on the Company's activities are regularly posted on its website

www.mosmanoilandgas.com

About Mosman

Mosman (AIM: MSMN) is an Australia and New Zealand focused oil exploration and development company with a strategy to build a sustainable mid-tier oil and gas business by acquisition and organic growth. Current exploration projects include the following permits which are 100% owned;

Petroleum Creek Permit, New Zealand

The permit is a 143 sq. km project located near Greymouth on the South Island in the southern extension of the proven Taranaki oil system.

Taramakau Permit, New Zealand

The permit (990 sq. km onshore) surrounds the Petroleum Creek Permit and shares similar geological characteristics and shares similar prospective play types.

Murchison Permit, New Zealand

The permit (517 sq. km onshore) located approximately 100 kilometres north of Petroleum Creek has a 13 TCF contingent resource identified.

Amadeus Basin Projects, Australia

Mosman owns two granted permits and one application in Central Australia which total of 5,458 sq. km. The Amadeus Basin is considered one of the most prospective onshore areas in the Northern Territory of Australia for both conventional and unconventional oil and gas, and hosts the producing Mereenie, Palm Valley and Surprise fields.

This information is provided by RNS

The company news service from the London Stock Exchange

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August 02, 2016 09:31 ET (13:31 GMT)