1 Oct 2021 12:00
1 October 2021
Victoria Oil & Gas Plc
("VOG" or the "Company")
Convertible Loan Note Draw Down
Victoria Oil & Gas Plc, whose wholly owned subsidiary, Gaz du Cameroun S.A. ("GDC") is the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon, announces that, following the General Meeting held on 10 September 2021, it has drawn down in full the convertible B Loan Notes in accordance with the the financing agreement with Meridian Capital (HK) Limited as announced on 18 June 2021 and full details of which are set out it in the circular to shareholders dated 25 August 2021.
Roy Kelly, Chief Executive of the Company, commented:
"We are once again highly appreciative of our major shareholder backing our efforts to deal decisively with legacy issues and move the company forward."
For further information, please visit www.victoriaoilandgas.com or contact:
Victoria Oil & Gas Plc
Roy Kelly/Rob Collins Tel: +44 (0) 20 7921 8820
Strand Hanson Limited (NOMAD)
Rory Murphy/James Dance Tel: +44 (0) 20 7409 3494
Shore Capital Stockbrokers Limited (Broker)
Mark Percy / Toby Gibbs (corporate advisory) Tel: +44 (0) 207 408 4090
Jerry Keen (corporate broking)