Falcon Oil & Gas Ltd.

11/28/2024 | Press release | Distributed by Public on 11/28/2024 01:13

Filing of Interim Financial Statements

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FALCON OIL & GAS LTD.

("Falcon" or "Company")

Filing of Interim Financial Statements

28 November 2024 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) announces that it has filed its interim financial statements for the three and nine months ended 30 September 2024 and the accompanying Management's Discussion and Analysis ("MD&A").

The following should be read in conjunction with the complete unaudited unreviewed interim financial statements and the accompanying MD&A for the three and nine months ended 30 September 2024, which are available on the Canadian System for Electronic Document Analysis and Retrieval ("SEDAR+") at www.sedarplus.ca and on Falcon's website at www.falconoilandgas.com

2024 financial highlights and other financial updates

  • Debt free with cash of $10 million at 30 September 2024 (31 December 2023: $8 million).
  • Continued focus on cost management and the efficient operation of the portfolio.

Ends.

CONTACT DETAILS:

Falcon Oil & Gas Ltd.
Philip O'Quigley, CEO +353 87 814 7042
Anne Flynn, CFO +353 1 676 9162

Cavendish Capital Markets Limited (NOMAD & Broker)

Neil McDonald / Adam Rae +44 131 220 9771

About Falcon Oil & Gas Ltd.

Falcon Oil & Gas Ltd is an international oil & gas company engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary. Falcon Oil & Gas Ltd is incorporated in British Columbia, Canada and headquartered in Dublin, Ireland with a technical team based in Budapest, Hungary.

For further information on Falcon Oil & Gas Ltd. please visit www.falconoilandgas.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Falcon assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Falcon. Additional information identifying risks and uncertainties is contained in Falcon's filings with the Canadian securities regulators, which filings are available at www.sedarplus.ca