Extension to Exercise Period for Placing Warrants

RNS Number : 7229H

Nostra Terra Oil & Gas Company PLC

08 April 2022

 

8 April 2022

Nostra Terra Oil and Gas Company Plc

("Nostra Terra" or "the Company")

Extension to Exercise Period for Placing Warrants

Nostra Terra (AIM: NTOG), the international oil & gas exploration and production company with a portfolio of production and development assets in Texas, USA,   advises that it has resolved to extend the existing deadline for the warrants exercisable at 0.60p (the "Warrants") from 8 April 2022 until 8 April 2023.

This "one off" measure has been implemented to enable holders of the Warrants an opportunity to exercise pursuant to the terms of the original warrant instrument but were unable to do so during the current pandemic situation. The subscription rights of the Warrants are over 73,611,000 Ordinary Shares in the Company. In addition, the Company will have the opportunity of subscription proceeds of up to £441,667.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For further information, contact:

Nostra Terra Oil and Gas Company plc Matt Lofgran, CEO Tel: [phone] Beaumont Cornish Limited (Nominated Adviser) James Biddle/ Roland Cornish Tel: [phone] Novum Securities Limited (Broker) Jon Belliss Lionsgate Communications (Public Relations) Jonathan Charles Tel: Tel: [phone] [phone]

 

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