NOSTRA TERRA OIL AND GAS COMPANY PLC

Share Issue/Capital Change • Jan 26, 2021

National Storage Mechanism | Additional information

RNS Number : 9744M

Nostra Terra Oil & Gas Company PLC

26 January 2021

26 January 2021

Nostra Terra Oil and Gas Company Plc

("Nostra Terra" or "the Company")

Block Listing Application Update

Exercise of Warrants

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 its announcement of 20 January 2021 it has modified its block listing application to now be for up to a total of 135,000,000 new Ordinary Shares to cover the potential exercise of Warrants (as further detailed below) in accordance with the block listing process under Rule 29 of the AIM Rules (the "Block Listing"). The Ordinary Shares subject to the block admission will not be allotted immediately, but rather will be issued and allotted on exercise of the Warrants from time to time. On issue, these new Ordinary Shares will be issued as fully paid and will rank pari passu in all respects with the existing Ordinary Shares of the Company. The Company will announce the number of any Ordinary Shares issued and admitted under the block listing at the end of each calendar month. The expected effective date of admission of these securities to AIM is on 28 January 2021.

In addition and under this Block Listing, the Company has today issued and allotted 8,000,000 Ordinary Shares pursuant to the 25 September 2020 issue of Warrants, as detailed below. These new Ordinary Shares  will be admitted to trading with admission on 28 January 2021 and will result in the Company's issued share capital being 687,520,534 Ordinary Shares.

Accordingly, 127,000,000 new Ordinary Shares remain under the Block Listing.

The Warrants for which the block listing applies are as follows:

·    25 September 2020 - 135,000,000 of the 212,000,000 warrants issued at £0.0035 per share

All Warrants have a two-year term.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

For further information, contact:

Nostra Terra Oil and Gas Company plc Matt Lofgran, CEO	Email:	+1 480 993 8933
Beaumont Cornish Limited (Nominated Adviser) James Biddle/ Roland Cornish	Tel:	+44 (0) 20 7628 3396
Novum Securities Limited (Broker) Jon Belliss Lionsgate Communications (Public Relations) Jonathan Charles	Tel: Tel:	+44 (0) 207 399 9425 +44 (0) 7791 892509

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