2 June 2017
Mosman Oil and Gas Limited
("Mosman" or the "Company")
Hemisphere Energy Corporation Share Sale
Mosman Oil and Gas Limited (AIM:MSMN) the oil exploration, development and production company, advises it has now sold its remaining shareholding in Hemisphere Energy Corporation ("Hemisphere")(TSX.V HME).
On 2 June 2017, Mosman sold 1,475,000 shares in Hemisphere for a total consideration of AUD$289,000 (20.0 (CAD) cents per share). The overall profit from the sale of the Hemisphere shares was AUD$9,741.
The proceeds from sale will allow Mosman to continue with stated objectives.
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.
Enquiries:
Mosman Oil & Gas Limited John W Barr, Executive Chairman Andy Carroll, Technical Director | NOMAD and Broker SP Angel Corporate Finance LLP Stuart Gledhill / Richard Hail +44 (0) 20 3470 0470 |
Gable Communications Limited Justine James / John Bick +44 (0) 20 7193 7463 |
Updates on the Company's activities are regularly posted on its website