Nostra Terra (AIM: NTOG), the oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA, announces that, further to the announcement of 7.00am today, it is posting to Shareholders a circular (the Circular ), along with the accompanying notice of general meeting and form of proxy (together, with the Circular, the Documents ), in relation to the oversubscribed fundraise of £500,000. The general meeting is to be held at 11.00am on 29 January 2021 at the offices of Druces LLP at Salisbury House, London Wall, London EC2M 5PS (the General Meeting ). The General Meeting is being convened to seek the requisite share authorities to issue new Ordinary Shares and associated Warrants in connection with the Fundraise announced on 8 January 2021.
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Proposed Cancellation to Trading on AIM, Publication of Circular and Notice to convene the Annual General Meeting ( AGM ) The Company has today published a Circular incorporating its Notice of AGM with the proposal to, amongst other matters, seek Shareholders approval to de-list the Company from AIM pursuant to AIM Rule 41 (the Cancellation ) and re-register as a private company (the Re-registration ). The Directors have conducted a review of the various benefits and drawbacks to the Company and its Shareholders in relation to retaining its listing on AIM. The Directors unanimously believe that a potential Cancellation is in the best interest of the Company and its Shareholders, and have considered the following key factors (amongst others) in reaching a decision:
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;