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Mosman Oil and Gas Limited Sale of Norseman shares

Source: UK Regulatory (RNS & others)
TIDMMSMN

RNS Number : 5521L

Mosman Oil and Gas Limited

13 January 2021

13 January 2021

Mosman Oil and Gas Limited

("Mosman" or the "Company")

Sale of Norseman shares

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.

The sale is a considerable surplus to the written down value as at 30 June 2020 of cAUD27,000.

Mosman now holds no interest or shares in Norseman.

Funds generated from the sale will be added to Mosman's cash reserves.

Market Abuse Regulation (MAR) Disclosure

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.

Yep moving into the 20s now

Look at all those 5mil buys, might get an TR1

Continues sells ,looks like big buyer in the background taking them all, will move up soon.

5mil block buyer back. 5mil @ .20

A bit profit taking then into the 20s

Very strong start. Gla

First months gas money should have been paid now, should get an update on this.

Hope this continues tomorrow, finished near on trade high. Gla

Come on the 20s

Buying pressure building, could be in for a good finish,

Finger crossed,

5mil block buyer , still buying, could see .20 today gla

Placing share cleared,

This could get interesting. Gla

This has been held back for months, oil 34% up from when falcon 1 flow rates where announce.

Looks like it’s about to pop. Good support

Update on forward plans soon
https://twitter.com/Mosmanoilandgas/status/1348967119866785792

Oil @ $53