RE: COPL10 Mar 2021 22:36
Just been on the copl website, apologies if you have seen this or are aware of the wording.
this was from a release dated 9 March in relation to the recent placing
"The net proceeds of approximately £13 million from the Placing will be used for working capital
required post completion of the acquisition of Atomic Oil and Gas"
"Arthur Millholland, President and CEO, commented: "We are on track too close the Atomic
acquisition on March 15."
"Ryan Gaffney, CFO, added: “The funds from this placing will strengthen COPL’s balance sheet post
completion of Atomic."
"Atomic is currently a closely-held private oil and gas company incorporated under the laws of the
State of Colorado. COPL will acquire 100% of the shares of Atomic on closing of the acquisition on
March 15, 2021"