Nostra Terra Oil & Gas Company PLC Block Listing Application (3742M)
January 20 2021 - 12:04PM
UK Regulatory
TIDMNTOG
RNS Number : 3742M
Nostra Terra Oil & Gas Company PLC
20 January 2021
20 January 2021
Nostra Terra Oil and Gas Company Plc
("Nostra Terra" or "the Company")
Block Listing Application
Nostra Terra (AIM: NTOG), the oil & gas exploration and
production company with a portfolio of development and production
assets in Texas, USA has today applied for the block listing of up
to a total of 286,611,000 new Ordinary Shares to cover the
potential exercise of Warrants (as further detailed below) in
accordance with the block listing process under Rule 29 of the AIM
Rules. The Ordinary Shares subject to the block admission will not
be allotted immediately, but rather will be issued and allotted on
exercise of the Warrants from time to time. On issue, these new
Ordinary Shares will be issued as fully paid and will rank pari
passu in all respects with the existing Ordinary Shares of the
Company. The Company will announce the number of any Ordinary
Shares issued and admitted under the block listing at the end of
each calendar month. The expected effective date of admission of
these securities to AIM is on 27 January 2021.
The Warrants for which the block listing applies are as
follows:
-- 8 April 2020 - 73,611,000 at GBP0.006 per share
-- 1 September 2020 - 3,000,000 at GBP0.006 per share
-- 25 September 2020 - 212,000,000 at GBP0.0035 per share
All Warrants have a two-year term.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014
For further information, contact:
Nostra Terra Oil and Gas Company
plc
Matt Lofgran, CEO Email: +1 480 993 8933
Beaumont Cornish Limited
(Nominated Adviser)
James Biddle/ Roland Cornish Tel: +44 (0) 20 7628 3396
Novum Securities Limited (Broker)
Jon Belliss
Tel: +44 (0) 207 399 9425
Lionsgate Communications (Public
Relations)
Jonathan Charles Tel: +44 (0) 7791 892509
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END
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