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Filing of Interim Financial Statements

By 29 Aug 2024No Comments

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FALCON OIL & GAS LTD.

(“Falcon)

Filing of Interim Financial Statements

29 August 2024 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) announces that it has filed its Interim Financial Statements for the three and six months ended 30 June 2024 and 2023 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 six months ended 30 June 2024, which are available on the Canadian System for Electronic Document Analysis and Retrieval (“SEDAR+”) at https://www.sedarplus.ca and on Falcon’s website at www.falconoilandgas.com.

2024 financial highlights and other financial updates

  • Debt free with cash of $11.5 million at 30 June 2024 (31 December 2023: $8 million).
  • Continued focus on cost management and the efficient operation of the portfolio.

 Ends.