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Canadian Overseas Petroleum Publication of Prospectus

August 23, 20181:00 PM Accesswire

Calgary, Alberta (FSCwire) – Canadian Overseas Petroleum Limited (the "Company") (TSXV: XOP) (LSE: COPL), an international oil and gas exploration and development company, is pleased to announce that, further to the announcement on August 17, 2018 with regard to the Common Share offering to raise gross proceeds of £3 million (US$ 3.8 million) (the "Placing"), pursuant to which the Company will issue 895,523,000 new common shares ("Placing Shares") at a price of 0.335 pence per Placing Share, the prospectus prepared in relation to the Placing has been approved by the UK's Financial Conduct Authority and has been published today. It will be available on the Company's website (http://www.canoverseas.com/) later today.

It is expected that admission to the standard listing segment of the Official List and to the London Stock Exchange plc will become effective and that dealings in the Placing Shares will commence at 8:00am (London time) on August 31, 2018.

Click on, or paste the following link into your web browser, to view the announcement in full.

http://www.rns-pdf.londonstockexchange.com/rns/7211Y_1-2018-8-23.pdf

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

To view the associated document to this release, please click on the following link:
public://news_release_pdf/CanOverSeas08232018.PDF

To view the original release, please click here

Source: Canadian Overseas Petroleum Limited (TSX Venture:XOP, LSE:COPL)

Maximum News Dissemination by FSCwire. https://www.fscwire.com

 
 

Copyright © 2018 FSCwire

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