Mosman Oil and Gas Bolsters Cash Reserves

Mosman Oil and Gas (GB:MSMN) has released an update.

Mosman Oil and Gas Limited, an exploration and production company focusing on helium, hydrogen, and hydrocarbons, has announced the exercise of warrants for 80 million new Ordinary Shares, which will infuse approximately AUD $38,000 into the company’s cash reserves. These new shares are expected to be admitted to trading on the AIM market of the London Stock Exchange around July 2, 2024. Following admission, Mosman’s total voting rights will increase to over 13 billion, reflecting its ongoing growth and investment prospects.

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