Change of Adviser

RNS Number : 0490G

Petro Matad Limited

19 July 2019

 

19 July 2019

Petro Matad Limited ("Petro Matad" or "the Company")

Change of Adviser

Petro Matad (AIM: MATD), the AIM-quoted Mongolian oil explorer, announces the appointment of Shore Capital and Corporate Limited as Nominated Adviser and Shore Capital Stockbrokers Limited as joint Broker, with immediate effect. This follows the acquisition of Stockdale Securities Limited by Shore Capital Market Limited.

Further information please contact:

Petro Matad Limited
Mike Buck, CEO	[phone] / [phone]
Shore Capital (Nominated Adviser and Broker)
Richard Johnson Andy Crossley David Coaten	[phone]
Stifel Nicolaus Europe Limited (Broker)
Callum Stewart Nicholas Rhodes Ashton Clanfield	[phone]
FTI Consulting (Communications Advisory Firm)
Sara Powell Ben Brewerton Genevieve Ryan	[phone]

 About Petro Matad

Petro Matad is the parent company of a group focussed on oil exploration, as well as future development and production in Mongolia. At the current time, Petro Matad holds 100% working interest and the operatorship of three Production Sharing Contracts with the Government of Mongolia. Block XX has an area of 10,367 square kilometres in the far eastern part of the country, and Blocks IV and V have an area of 29,062 square kilometres and 21,143 square kilometres, respectively, in the central western part of the country.

Petro Matad Limited is incorporated in the Isle of Man under company number 1483V. Its registered office is at Victory House, Prospect Hill, Douglas, Isle of Man, IM1 1EQ.

 

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