NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
This announcement is an advertisement and not a prospectus. This announcement is not an offer for sale, or a solicitation of an offer to acquire, securities in any jurisdiction, including in or into the United States, Canada, Australia, or Japan. Investors should not subscribe for or purchase any transferable securities referred to in this announcement except on the basis of information in the prospectus (the "Prospectus") published by the Company in connection with the Placing as referred to in this announcement.
19 June 2018
UPLAND RESOURCES LIMITED
("Upland" or the "Company")
Publication of Prospectus
Further to its announcement on 13 June 2018 of the proposed placing of 120,000,000 new shares on no par value in the Company at 2.5p per share (the "Placing") to raise £3.0 million (before expenses), Upland Resources Limited (LSE: UPL), the oil and gas company actively building a portfolio of attractive upstream assets, is pleased to announce the publication today of its Prospectus dated 18 June 2018 in connection with the Placing, which includes a Competent Person's Report dated 24 April 2018 prepared by Blackwatch Petroleum Services Limited.
The Prospectus, which has been approved by the UK Listing Authority, has been published on the Company's website at http://www.uplandres.com and is also available at the FCA's Document Storage Mechanism at http://www.morningstar.co.uk/uk/NSM.
Hard copies of the Prospectus are also available during normal business hours at the offices of the Company's financial adviser, broker and placing agent, Optiva Securities Limited, 49 Berkeley Square, Mayfair, London, W1J 5AZ.
Contact details: -
Upland Resources Limited |
|
Steve Staley, CEO |
Tel: 07891 677 441 s.staley@uplandres.com |
Optiva Securities Limited |
|
Jeremy King (Corporate Finance) |
Tel: 020 3137 1904 jeremy.king@optivasecurities.com |
Christian Dennis (Corporate Broker) |
Tel: 020 3411 1882 |
FlowComms Ltd |
|
Sasha Sethi (Investor Relations) |
Tel: 07891 677 441 sasha@flowcomms.com |
Notes
Upland is an upstream oil & gas company whose highly experienced management has a track record of creating major value for shareholders in junior oil & gas companies, including Cove Energy plc. The Company has extensive technical and commercial skills and contacts, management having held senior roles in Petronas, Conoco, Shell etc.