• Falcon Oil & Gas Ltd. (FO) has issued 62,500,000 shares to Sheffield Holdings L.P. for gross proceeds of US$10 million
  • The company has applied for the shares to trade on the AIM, with admission expected to occur on April 13, 2022
  • Falcon’s total issued share capital following admission will be 1,044,347,425 common shares
  • Falcon Oil & Gas Ltd is an international oil & gas company engaged in the exploration and development of unconventional oil and gas assets
  • Falcon Oil & Gas Ltd. (FO) is up 2.86 per cent, trading at C$0.18 at 10:49 am ET

Falcon Oil & Gas Ltd. (FO) has issued 62,500,000 common shares to Sheffield Holdings LP. for gross proceeds of US$10 million.

The company has applied for the shares to trade on the AIM, with admission expected to occur on April 13, 2022.

The placing shares will not trade on the TSXV until August 7, 2022.

Falcon Oil & Gas Ltd is an international oil & gas company engaged in exploring and developing unconventional oil and gas assets, with the current portfolio focused on Australia, South Africa, and Hungary.

Falcon Oil & Gas Ltd is incorporated in British Columbia and headquartered in Dublin.

Falcon Oil & Gas Ltd. (FO) is up 2.86 per cent, trading at C$0.18 at 10:49 am ET.

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