RE: Warrants RNS19 Apr 2018 15:33
Warrants gone and the message from Matt
"I would like to thank again the investors who backed Nostra Terra in April 2017 and have continued to back the Company since. The original placement added to the foundation for our exciting growth over the last twelve months. I'm happy that our funding strategy worked and enabled us to embark fully on our new strategy."
"Thanks to the Senior Lending Facility we secured and the Company becoming cash flow positive, we were already fully funded for our next two wells"
"The additional funds we've received from warrant exercises have simply further strengthened our balance sheet. With oil prices continuing to remain above $60 Nostra Terra and our Permian portfolio, hosting 24 drill-ready locations, 2018 continues to hold a great deal of promise for our business"