Result of AGM

Mosman Oil and Gas Limited

29 November 2024

 

29 November 2024

Mosman Oil and Gas Limited

("Mosman" or the "Company")

Result of Annual General Meeting

Mosman Oil and Gas Limited (AIM: MSMN) the helium, hydrogen and hydrocarbon exploration, development and production company, announces that the 2024 AGM was held in Sydney earlier today.

The Board is pleased to announce that all Resolutions were passed by way of a show of hands with overwhelming support via proxy.

The following proxies were received:

Resolution	For	Against	Percentage voted in favour
Resolution 1	490,448,108	69,803,615	87.5%
Resolution 2	487,451,509	72,800,214	87.0%
Resolution 3	589,767,672	72,800,214	89.0%
Resolution 4	487,144,190	73,107,533	87.0%
Resolution 5	483,835,256	76,416,467	86.4%

With regards to Resolution 1, the Company provides notice this day that Mr Andrew Carroll was re-elected to the Board.

With regards to Resolutions 2 and 3, the Company provides notice this day that in accordance with the previously announced Director Subscription the Company will issue 21,428,572 Shares at 0.035p per share to Executive Director and CEO Andrew Carroll, and 21,428,572 Shares at 0.035p per share to Non-Executive Chairman Nigel Harvey. Following the issue of the shares, Mr Carroll will hold 169,296,432 shares and 42,105,263 warrants, and Mr Harvey will hold 63,671,335 shares and 21,052,632 warrants.

With regards to Resolutions 4 and 5, the Company will provide further information as and when Mr Andrew Carroll's Options are issued. The exercise price for the options will be 0.077p.

Admission to AIM and Total Voting Rights

Application has been made to the London Stock Exchange for the Director Subscription shares, which will rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM and dealings are expected to commence at 8:00 a.m. on or about 5 December 2024.

Following the issue of the Director Subscription shares, the Company's share and total voting rights will comprise 19,537,077,218 Ordinary Shares of no par value and the Company does not hold any shares in treasury.

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 to their interest in, the share capital of the Company in accordance with the Companies' Articles.

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 Andy Carroll CEO [e-mail]	NOMAD and Joint Broker SP Angel Corporate Finance LLP Stuart Gledhill / Richard Hail / Adam Cowl [phone]
Alma Justine James / Will Merison [phone] [e-mail]	Joint Broker CMC Markets UK Plc Douglas Crippen [phone]

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

1.	Details of PDMR/person closely associated with them ("PCA")
a)	Name	1)  Andy Carroll 2)  Nigel Harvey
2.	Reason for the notification
a)	Position/status	1)  CEO 2)  Non-Executive Chairman
b)	Initial notification/ amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Mosman Oil and Gas Limited
b)	Legal Entity Identifier code	213800PWZID9URNNGZ54
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of Mosman Oil and Gas Limited AU0000XINET1
b)	Nature of the transaction	Issue of Placing Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1) 2) 0.035p 0.035p 21,428,572 21,428,572
d)	Aggregated information -     Aggregated volume -     Price	Single transaction as in 4c) above
e)	Date of the transaction	29 November 2024
f)	Place of the transaction	Outside a trading venue

 

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