Bulletin Board Legal Action

RNS Number : 7602Q

Nostra Terra Oil & Gas Company PLC

09 August 2010

 



Nostra Terra Oil and Gas Company plc

                                               ("Nostra Terra" or the "Company")

LEGAL ACTION

9 August 2010

Nostra Terra Oil and Gas Company plc, (AIM: NTOG) confirms that it is pursuing action in response to untrue and malicious statements about the Company's activities and personnel that have been made repeatedly by certain posters on the internet and, inter alia, via the online message boards of Interactive Investor Trading Limited ("iii") and ADVFN plc ("ADVFN"). 

The majority of people posting comments on message boards do so, perfectly legitimately, using pseudonyms. Under data protection and privacy laws, their identity and other personal details must remain confidential unless a court of law orders disclosure.

On 22 July 2010, Nostra Terra obtained an order from the High Court of Justice instructing iii and ADVFN to provide information relating to several posters.

Both iii and ADVFN are cooperating fully on this matter, and the identities of the posters covered by the court order have been established. The Company and its legal advisers are now considering whether to instigate civil proceedings for defamation against the identified posters, and further announcements will be made as appropriate.

For further information contact:

Nostra Terra Oil and Gas Company plc                      Telephone: [phone]

Matt Lofgran, CEO

[e-mail]

Religare Capital Markets                                        Telephone: [phone]

Peter Trevelyan-Clark/Ben Jeynes

Alexander David Securities Ltd                              Telephone: [phone]

David Scott/Bill Sharp/Nick Bealer

For more information, please visit www.ntog.co.uk.

Announcements made by the Company are available automatically via email by registering at www.ntog.co.uk.

 

END

 

 

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