FOG Falcon Oil & Gas Ltd.

 
TIDMFOG 
 

Falcon Oil & Gas Ltd.

("Falcon", "Company")

Director Purchase of Common Shares of Falcon

30 June 2023 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) announces that a director has purchased 200,000 common shares in Falcon.

Details of the respective purchases are included in the table below:

 
                   Number of          Total number of Common Shares  Percentage of issued share capital held after the 
Name         Common Shares purchased       held after purchase                            purchase 
----------  ------------------------  -----------------------------  ------------------------------------------------- 
Gregory 
 Smith -- 
 Non - 
 Executive 
 Director                    200,000                      1,220,000                                              0.12% 
----------  ------------------------  -----------------------------  ------------------------------------------------- 
 

Ends.

CONTACT DETAILS:

 
Falcon Oil & Gas Ltd.             +353 1 676 8702 
Philip O'Quigley, CEO            +353 87 814 7042 
Anne Flynn, CFO                   +353 1 676 9162 
 
Cenkos Securities plc (NOMAD & 
 Broker) 
Neil McDonald / Derrick Lee      +44 131 220 9771 
 

About Falcon Oil & Gas Ltd.

Falcon Oil & Gas Ltd is an international oil & gas company engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary. Falcon Oil & Gas Ltd is incorporated in British Columbia, Canada and headquartered in Dublin, Ireland with a technical team based in Budapest, Hungary.

For further information on Falcon Oil & Gas Ltd. please visit www.falconoilandgas.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Falcon assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Falcon. Additional information identifying risks and uncertainties is contained in Falcon's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Director / PDMR Shareholding

 
1   Details of the person discharging 
     managerial responsibilities/person 
     closely associated 
    -----------------------------------  ------------------------------------ 
a)  Name                                 Gregory Smith 
    -----------------------------------  ------------------------------------ 
2   Reason for notification 
    -----------------------------------  ------------------------------------ 
a)  Position/Status                      Non - Executive Director 
    -----------------------------------  ------------------------------------ 
b)  Initial notification/Amendment       Initial Notification 
    -----------------------------------  ------------------------------------ 
3   Details of the issuer, emission 
     allowance market participant, 
     auction platform, auctioneer 
     or auction monitor 
    -----------------------------------  ------------------------------------ 
a)  Name                                 Falcon Oil & Gas Ltd. 
    -----------------------------------  ------------------------------------ 
b)  LEI                                  213800KQY87Z1KNPIM76 
    -----------------------------------  ------------------------------------ 
4   Details of the transaction(s): 
     section to be repeated for 
     (i) each type of instrument; 
     (ii) each type of transaction; 
     (iii) each date; and (iv) 
     each place where transactions 
     have been conducted 
    -----------------------------------  ------------------------------------ 
a)  Description of the financial         Common shares in the Company 
     instrument, type of instrument       AIM: FOG TSXV: FO 
     Identification code 
    -----------------------------------  ------------------------------------ 
b)  Nature of the transaction            Purchase of common shares in the 
                                          Company 
    -----------------------------------  ------------------------------------ 
c)  Price(s) and volume(s)               Price(s)   Volume(s) 
    -----------------------------------  ---------  ------------------------- 
                                         CAD$0.125  Purchase an aggregate 
                                                     of 200,000 common shares 
                                                     in the Company 
    -----------------------------------  ---------  ------------------------- 
d)  Aggregated information 
     --    Aggregated volume              200,000 common shares 
                                          CAD$25,000 
     --    Price 
    -----------------------------------  ------------------------------------ 
e)  Date of the transaction              29 June 2023 
    -----------------------------------  ------------------------------------ 
f)  Place of the transaction             TSXV 
    -----------------------------------  ------------------------------------ 
 
 
 

(END) Dow Jones Newswires

June 30, 2023 02:00 ET (06:00 GMT)

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