Mosman Oil and Gas (GB:MSMN) has released an update.
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Mosman Oil and Gas Limited reports a strengthened balance sheet following the exercise of warrants, which has led to a significant increase in share capital and the issuance of new shares, including a noteworthy 650 million shares to Vecta Oil & Gas Ltd. The company’s strategic focus on helium is highlighted by the increased investment in the Vecta project in Colorado and the partnership with Georgina Energy on the Mount Winter Prospect in Australia. Mosman is also actively pursuing opportunities to enhance its global helium exploration portfolio.
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