1. Share Talk

Canadian Overseas Petroleum Limited

1Jun 2017

Share Talk highlight Oil & Gas AIM-listed companies: Part 1

 

We highlight a few Oil & Gas AIM-listed companies that have been gathering shareholder attention lately. A couple have relaunched themselves, some have suffered major setbacks from past heights, while others have gathered pace and are looking to expand. One thing is for sure, life is never dull on the Alternative Investment Market (AIM).

25May 2017

Canadian Ovrs Pet Ld (TSXV: XOP) (AIM: COPL) Common Share Offering

Canadian Overseas Petroleum Limited

Announce a Common Share offering to raise gross proceeds of £3.25 million (the “Placing”), pursuant to which the Company will issue 650,000,000 new common shares (“Placing Shares”) at a price of 0.5 pence per Placing Share. Management, including Arthur Millholland, President & CEO, representing approximately 3% of the existing share capital of the Company, and certain existing shareholders, plan to participate in the Placing for an amount approximately equal to their proportionate current holdings in the Company.