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Exercise of Warrants

28th Jun 2010 09:51

RNS Number : 3248O
Chariot Oil & Gas Ld
28 June 2010
 



 

For immediate release 28 June 2010

 

Chariot Oil & Gas Limited

 

Exercise of Warrants

 

Chariot Oil & Gas (AIM: CHAR) announces that on Friday 25th June S.A Energy Investments Limited exercised the warrants to purchase 2,614,036 ordinary shares of 1 pence each in the capital of Chariot Oil & Gas Limited that were granted to them in May 2009 and these new shares have been placed with an institutional shareholder. Application has been made for these new shares to be admitted to trading on AIM. There are no further warrants outstanding.

 

For further information please contact:

 

Chariot Oil & Gas Limited

+44 (0)20 7318 0450

Paul Welch, CEO

Ambrian Partners Limited (Broker and NOMAD)

Richard Swindells

+44 (0)20 7634 4856

 

Buchanan Communications

+44 (0)20 7466 5000

Bobby Morse, Ben Romney, Chris McMahon

 

NOTES TO EDITORS

 

About Chariot

 

Chariot Oil & Gas Limited (www.chariotoilandgas.com) is an independent oil and gas exploration group. The Group currently holds licences covering eight blocks in Namibia, all of which are offshore. All of these blocks are currently in the exploration phase.

 

Shares in Chariot Oil & Gas limited are admitted to trading on the AIM Market of the London Stock Exchange under the symbol 'CHAR'.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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