Mosman Oil and Gas (GB:MSMN) has released an update.
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Mosman Oil and Gas Limited has announced the exercise of warrants resulting in the issuance of 224 million new Ordinary Shares, generating approximately AUD $107,000 for the company’s cash reserves. These new shares, set to be admitted to trading on the AIM market by July 1, 2024, will be on par with existing shares in terms of dividends and distributions. The total number of voting rights in Mosman will reach over 13 billion following the addition of the new shares.
For further insights into GB:MSMN stock, check out TipRanks’ Stock Analysis page.
