From left to right top: Fairuz Ismail, Thomas Nyanat, Steve Richards, Josh Galloway, Awang Draup. From left to right bottom: Marc Bruner, Bolhassan Di, Gerry Murray.
Upland and Lost Soldier have agreed to a balanced bilateral investment structure, totaling ~ $USD 8.6 million:
Lost Soldier Investment into Upland
Lost Soldier will subscribe for GBP 3.3 million of new ordinary shares in Upland at 3.3 pence per share (100,000,000 shares). All new shares issued will be subject to a 12-month lock-up restriction, underscoring Lost Soldier’s long-term commitment to Upland.
Upland Investment into Lost Soldier
Upland will make a corresponding $USD 4.3 million investment into the Lost Soldier private placement, participating directly in the Wild Mustang Federal Unit development. Upland will establish a dedicated U.S. Corporation that will hold the relevant units and comply with all American regulatory, tax, and transactional requirements.
Lost Soldier is currently raising capital through a Regulation D 506(c) offering for accredited investors. Visit the following link to learn more: invest.lostsoldier.com.
About Upland Resources
Upland Resources Limited is listed on the main market of the London Stock Exchange (Ticker UPL) by way of a standard listing. The Company is focused on oil and gas development opportunities in South-East Asia. Upland has an exceptional team and is working with leading oil and gas contractors to effectively, and with the minimum risk, evolve its prospects.
For more information visit: https://upland.energy/
About Lost Soldier Oil and Gas
Lost Soldier is unlocking the largest natural gas discovery in the Western U.S. in 40 years - 6 TCF potential, 24,000 acres, and direct pipeline access. Lost Soldier is dedicated to responsibly developing Wyoming's Bison Basin oil and gas resources while preserving the surrounding environment. Operations are centered in the Wild Mustang Federal Unit, an area rich in history and wildlife, including grazing cattle, elk, antelope, and wild mustangs. Drawing inspiration from the nearby Lost Soldier oilfield, located 15 miles southeast of our discovery well, this field is one of Wyoming's oldest, and has produced over 400 million barrels of oil since its discovery. Today, it continues to produce over 1 million barrels per year. Lost Soldier leverages the area's proven geology to unlock its vast potential, using custom-built drilling rigs and skilled crews to ensure efficient, cost-effective resource extraction while maintaining a strong commitment to environmental stewardship. For more information visit: invest.lostsoldier.com
Contact Information:
Investor Relations
720-807-0440
invest@lsogllc.com