Planes de crecimiento y recaudación de fondos, emisión de acciones y TVR
11 de enero de 2024
Nostra Terra Compañía de Petróleo y Gas Plc
("Nostra Terra" o "la Compañía")
Growth Plans and Fundraise
Emisión de Equity & TVR
Nostra Terra (AIM: NTOG), la compañía internacional de exploración y producción de petróleo y gas con una cartera de activos de desarrollo y producción en Texas, EE. UU., is pleased to announce growth plans and a successful fundraise CON EL APOYO DE inversores institucionales.
Following the success of the Fouke wells at the Company's Pine Mills asset in East Texas, Nostra Terra has been looking for similar opportunities in this prolific region of East Texas. The Company is nearing completion of an agreement that will allow it to develop additional, analogous opportunities over a large area both within and contiguous to the existing Pine Mills acreage using modern 3D seismic data. Previous use of this seismic data has resulted in the successful Fouke wells and other similar aged prospects in this area. Based on the experience gained from Pine Mills, this opportunity has the potential to provide an inventory of drilling locations for many years to come.
To support this, the Company has raised £300,000 (before expenses) through a subscription and placing of 250,000,000 new ordinary shares at a price of 0.12p per share (the "Placing Price") (the "Placing"). Funds from the Placing will be used to develop the drilling opportunities around its Pine Mills asset and for general working capital. The fundraise was cornerstoned by institutional investors.
matt lofgran, Nostra Terra Director General, Dijo:
"The Fouke wells at Pine Mills have been a great success, providing strong returns for the Company. I am delighted to announce that we have strong support from respected institutional investors, which will now allow us to accelerate growth opportunities in front of us. We anticipate closing the Pine Mills transaction in the coming days."
The Company has raised, además, £300,000, before expenses, by way of a subscription for 100,000,000 new ordinary shares (the "Subscription Shares") (the "Subscription") and a placing of 150,000,000 new ordinary shares at a price of 0.12 pence per share (together the "Fundraise Shares"). In addition, an existing noteholder, Discovery Energy Ltd, has requested to be able to convert some of their outstanding note into equity and therefore £30,000 is being converted at the Placing Price by the issue of an additional 25,000,000 nuevas Acciones Ordinarias (las "Conversion Shares"). In connection with the Placing, 9,000,000 broker warrants have been granted to Novum Securities Limited and 8,000,000 warrants have been issued to consultants, exercisable at the Placing Price with a three-year expiry. The Subscription is with Dos Hermanos International, LLC who, as a result of their subscription, are expected to hold 100,000,000 Ordinary Shares representing approximately 9.8% of the Company's enlarged issued share capital.
An application will be made to the London Stock Exchange for the 250,000,000 Fundraise Shares and 25,000,000 Conversion Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 25 January 2024.
In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that on issue of the Fundraise Shares and Conversion Shares and following Admission, the Company's enlarged issued ordinary share capital will comprise 1,021,520,534 Ordinary Shares.
La Compañía no posee Acciones Ordinarias en Tesorería. Por lo tanto, luego de la Admisión, los accionistas de la Compañía pueden usar la cifra anterior como denominador para los cálculos a fin de determinar si deben notificar su participación o un cambio en su participación en la Compañía, según la Guía de Divulgación de la FCA y Reglas de Transparencia.
Este anuncio contiene información privilegiada a los efectos del artículo 7 del Reglamento de abuso de mercado (UE) n. ° 596/2014, ya que forma parte de la legislación nacional del Reino Unido en virtud de la Ley de (retirada) de la Unión Europea de 2018. Tras la publicación de este anuncio, esta información privilegiada ahora se considera de dominio público.
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