Mosman Oil and Gas (GB:MSMN) has released an update.
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Mosman Oil and Gas Limited has announced the exercise of warrants for 80 million new shares at 0.025 pence each, adding approximately AUD $38,000 to its cash reserves. The new shares will be traded on the AIM market and will rank equally with existing shares in terms of dividends and distributions. The total number of voting rights in the company will increase to over 14 billion following the share admission.
For further insights into GB:MSMN stock, check out TipRanks’ Stock Analysis page.