Sale of Norseman shares

RNS Number : 5521L

Mosman Oil and Gas Limited

13 January 2021

 

 

13 January 2021

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 Sale of Norseman shares

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, announces that it has sold its remaining 510,000 shares that it owned in the Canadian listed Norseman Silver Inc. (previously GEM) for cAUD208,000.

The sale is a considerable surplus to the written down value as at 30 June 2020 of cAUD27,000.

Mosman now holds no interest or shares in Norseman.

Funds generated from the sale will be added to Mosman's cash reserves.

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 [e-mail] [e-mail]	NOMAD and Joint Broker SP Angel Corporate Finance LLP Stuart Gledhill / Richard Hail / Adam Cowl [phone]
Alma PR Justine James [phone] [phone] [e-mail]	Joint Broker Monecor (London) Ltd trading as ETX Capital Thomas Smith [phone]

 

END

 

 

DISEAEFDFDDFEFA