Samson Oil & Gas Lodges Form 10-K for the Year Ended June 30, 2015 and Annual Report for the Year Ended 30 June 2015
Samson Oil & Gas Limited (ASX: SSN, NYSE MKT: SSN) advises that it has
filed its Form 10-K and Annual Report for the year ended June 30th,
2015. The reports are now available on the Company’s website: www.samsonoilandgas.com.
Samson’s Ordinary Shares are traded on the Australian Securities
Exchange under the symbol "SSN." Samson's American Depository Shares
(ADSs) are traded on the New York Stock Exchange MKT under the symbol
"SSN." Each ADS represents 200 fully paid Ordinary Shares of Samson.
Samson has a total of 2,837 million ordinary shares issued and
outstanding (including 230 million options exercisable at AUD 3.8
cents), which would be the equivalent of 14.185 million ADSs.
Accordingly, based on the NYSE MKT closing price of US$0.65 per ADS on
September 15th, 2015, the Company has a current market
capitalization of approximately US$9.4 million (the options have been
valued at an exchange rate of 0.7114). Correspondingly, based on the ASX
closing price of A$0.005 for ordinary shares and a closing price of
A$0.001 for the 2017 options, on September 15th, 2015, the
Company has a current market capitalization of approximately A$14.4
million.
For and on behalf of the board of
SAMSON OIL & GAS LIMITED
TERRY BARR
Managing Director
Statements made in the presentation that is available on Samson’s
website that are not historical facts may be forward-looking statements,
including but not limited to statements using words like “may,”
“believe,” “expect,” “anticipate,” “should” or “will.”
Actual results may differ materially from those projected in any
forward-looking statement. There are a number of important factors that
could cause actual results to differ materially from those anticipated
or estimated by any forward-looking information, including uncertainties
inherent in estimating the methods, timing and results of exploration
activities.
A description of the risks and uncertainties that are generally
attendant to Samson and its industry, as well as other factors that
could affect Samson’s financial results, are included in the prospectus
and prospectus supplement for its recent Rights Offering as well as the
Company's report to the U.S. Securities and Exchange Commission on Form
10-K, which are available at www.sec.gov/edgar/searchedgar/webusers.htm.
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Copyright Business Wire 2015
Source: Business Wire
(September 15, 2015 - 9:30 PM EDT)
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