Canadian Overseas Petroleum Ltd - Calgary-based oil and gas company with operations focused in Wyoming, US - Issues 25.9 million common shares to settle USD1.3 million of conversion payments. Following the issue of the shares, the company will have a total of 477.5 million shares issued and outstanding.
Current stock price: 3.20 pence, down 8.6% on Friday
12-month change: down 82%
By Sophie Rose, Alliance News reporter
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