Mosman Oil And Gas investee Norseman moves to TSX-V


Mosman Oil And Gas investee Norseman moves to TSX-V

Mosman Oil And Gas Ltd (LON:MSMN) has noted that investee company Norseman Capital has been approved to list on Toronto’s TSX-V exchange and has now transitioned from London’s NEX exchange.

AIM-quoted Mosman is a shareholder in Norseman, formerly GEM International Resources.

READ: Mosman advances as countdown to Falcon well accelerates

Norseman now intends to rename further, to Norseman Silver Inc, after securing its first interest in an exploration project and the completion of a C$450,000 capital raise.

In a stock market statement, Mosman noted that Norseman’s activities have resulted in an appreciation of the Norseman share price.

Mosman subsequently sold 1.25mln Norseman shares, leaving the company with 510,000 remaining Norseman shares.

In London, Mosman shares rose by 9.67% to change hands at 0.2p.

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