Mosman Oil and Gas (GB:MSMN) has released an update.
Mosman Oil and Gas Limited has announced the exercise of warrants resulting in the issuance of 264 million new Ordinary Shares, which will generate approximately AUD 63,000 for the company’s cash reserves. These shares will soon trade on the AIM market and will have equal rights as existing shares, including dividends. This development follows Mosman’s ongoing strategy to grow cash flow and expand production in its hydrocarbon, helium, and hydrogen projects in the US and Australia.
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