Hemisphere Energy Corporation Share Sale

RNS Number : 0176H
Mosman Oil and Gas Limited
02 June 2017
 

 

 2 June 2017

 

 

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 

 

Hemisphere Energy Corporation Share Sale

 

Mosman Oil and Gas Limited (AIM:MSMN) the oil exploration, development and production company, advises it has now sold its remaining shareholding in Hemisphere Energy Corporation ("Hemisphere")(TSX.V HME).

 

On 2 June 2017, Mosman sold 1,475,000 shares in Hemisphere for a total consideration of AUD$289,000 (20.0 (CAD) cents per share). The overall profit from the sale of the Hemisphere shares was AUD$9,741. 

 

The proceeds from sale will allow Mosman to continue with stated objectives.

 

    

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

John W Barr, Executive Chairman

Andy Carroll, Technical Director

jwbarr@mosmanoilandgas.com

acarroll@mosmanoilandgas.com

 

NOMAD and Broker

SP Angel Corporate Finance LLP

Stuart Gledhill / Richard Hail

+44 (0) 20 3470 0470

 

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
 
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