Business
Further Requisition to Convene a GM
Further Requisition to Convene a GM.
About this update from Buccaneer Energy Plc
[{"type":"text","content":"\n \nRNS Number : 6624B Nostra Terra Oil & Gas Company PLC 03 February 2020 \n\n3 February 2020\n \nNostra Terra Oil and Gas Company plc\n(\"Nostra Terra\" or the \"Company\")\n \nFurther Requisition to Convene a General Meeting\n \nThe Board of Nostra Terra announces that, on 31 January 2020, it received a letter from Eridge Capital Limited (\"Eridge\") requisitioning a second general meeting (\"GM\") of the Company's shareholders (the \"Requisition\"). The Requisition proposes that shareholders be asked to consider resolutions to remove Ewen Ainsworth from the Board; and to remove any Directors that may be appointed in the period between the date of the Requisition and the proposed GM. The Board considers the Requisition to be valid.\n \nThe Company is considering whether to include the relevant resolution regarding the removal of Ewen Ainsworth from the Board in the circular to be posted to shareholders pursuant to the requisition request from Eridge, dated 15 January 2020, as announced on 17 January 2020 and 24 January 2020, or whether an additional GM will be required.\n \nFurther announcements will be made in a due course. \n \nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014\n \nFor further information, contact:\n\n\n\nNostra Terra Oil and Gas Company plc\nMatt Lofgran, CEO\n \n\n\nTel:\n\n\n+1 480 993 8933\n\n\n\n\nStrand Hanson Limited\n(Nominated & Financial Adviser and Joint Broker)\nRory Murphy / Ritchie Balmer / Jack Botros\n \n\n\nTel:\n\n\n+44 (0) 20 7409 3494\n\n\n\n\nShard Capital Stockbrokers (Joint Broker)\nDamon Heath / Erik Woolgar\n \nLionsgate Communications (Public Relations)\nJonathan Charles\n\n\nTel:\n \n \nTel:\n\n\n+44 (0) 207 186 9952\n \n \n+44 (0) 203 697 1209\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n \nAbout Nostra Terra\nNostra Terra is seeking to increase oil production and reserves through both organic growth and strategic acquisitions, utilising the latest drilling and completion techniques.\n \nNostra Terra's core asset is a 100% working interest in the Mesquite asset located in the prolific Permian Basin, West Texas. The Mesquite asset covers 1,984 net acres with estimated proven recoverable reserves o...