Business
Sale of Norseman shares
Sale of Norseman shares.
About this update from Quantum Helium Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 5521L\n Mosman Oil and Gas Limited\n 13 January 2021\n \n \n \n \n \n 13 January 2021\n \n \n \n \n \n Mosman Oil and Gas Limited\n \n \n (\"Mosman\" or the \"Company\")\n \n \n \n \n \n Sale of Norseman shares\n \n \n \n \n \n \n \n \n Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, announces that it has sold its remaining 510,000 shares that it owned in the Canadian listed Norseman Silver Inc. (previously GEM) for cAUD208,000.\n \n \n \n \n \n The sale is a considerable surplus to the written down value as at 30 June 2020 of cAUD27,000.\n \n \n \n \n \n Mosman now holds no interest or shares in Norseman. \n \n \n \n \n \n Funds generated from the sale will be added to Mosman's cash reserves.\n \n \n \n \n \n Market Abuse Regulation (MAR) Disclosure\n \n \n Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.\n \n \n \n \n \n \n \n \n Enquiries:\n \n \n \n \n \n Mosman Oil & Gas Limited\n \n \n John W Barr, Executive Chairman\n \n \n Andy Carroll, Technical Director\n \n \n \n [email protected]\n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n NOMAD and Joint Broker\n \n \n SP Angel Corporate Finance LLP\n \n \n Stuart Gledhill / Richard Hail / Adam Cowl\n \n \n +44 (0) 20 3470 0470\n \n \n \n \n \n \n \n \n \n Alma PR\n \n \n Justine James\n \n \n +44 (0) 20 3405 0205\n \n \n +44 (0) 7525 324431\n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n Joint Broker\n \n \n Monecor (London) Ltd trading as ETX Capital\n \n \n Thomas Smith\n \n \n +44 (0) 20 7392 1432\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm...