Canadian Overseas Petroleum Ltd - London and Calgary, Canada-based oil and gas exploration company with operations in Wyoming, US - Requests exemptions under Policy 4, Corporate Governance, Security Holder Approvals & Miscellaneous Provisions of the Canadian Securities Exchange. Says request is with respect to CES's requirement for security holder approval of an offering. Company believes it satisfies the majority of requirements for an exemption, in part due to being in "serious financial difficulty".
Current stock price: 0.12 pence, up 29% on Monday morning in London
12-month change: down from 15.45p on January 16, 2023
By Emma Curzon, Alliance News reporter
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