US Oil & Gas (USOPY)

[Sionica]

Total Voting Rights
18 June 2015
U.S. Oil & Gas Plc.

U.S. Oil & Gas Plc (GXG London: USOP, OTC New York: USOPY), the oil and gas exploration company with assets in Nevada, makes the following announcement.

On the 29 May the company announced that it had placed 1,111,112 New Ordinary Shares (the "Placing Shares") at a price of STG .27 per share (the "Placing Price") to raise gross proceeds of circa $430,000.

As the minimum underwriting has been reached the underwriter was not required to take up any shares under the underwriting agreement. However they did subscribe for 5,074 New Ordinary Shares (representing >1% of the placing) at the Placing Price to ensure the company raised $450,000 net of expenses.

The Placing is subject to allotment of the shares and admission to trading on the GXG Main Quote. On the 15 June 2015 the Board met to allot the shares and having met all other conditions have requested that the 1,111,112 New Ordinary Shares be admitted to trading on GXG Main Quote Market on 18 June 2015.

In accordance with the GXG rules, the Board of U.S. Oil and Gas plc confirms that following the Placing and the issue of 185,185 shares to Alexander David Securities Limited the Company has 42,978,653 ordinary shares of EURO 0.0001 each in issue, with each ordinary share holding one voting right.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company. The Company's total issued share capital is €4,298.

The Company holds 717,612 ordinary shares in its treasury, which represents 1.67% of the issued ordinary share capital of the Company.

The following parties have an interest of more than 3% in the shares of the Company:
Name No of Shares Percentage holding
Brian McDonnell 3,913,234 9.1%