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Tuesday, 07/07/2015 2:00:48 PM

Tuesday, July 07, 2015 2:00:48 PM

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U.S. Oil & Gas plc - Closure of the GXG Marketplace
7 July, 2015

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.

In a press release dated Monday, 6th July 2015 17:52 CEST, GXG Markets announced its intention to voluntarily relinquish its Danish Market Operator licenses. In the light of this development, the Board of US Oil & Gas plc wishes to assure shareholders that the priority for the Company will be to ensure that, if possible, trading in the company's securities continues with minimum disruption to shareholders.