RNS5 Jul 2021 08:07
Mon, 5th Jul 2021 07:00
RNS Number : 0801E
Canadian Overseas Petroleum Ltd
05 July 2021
Canadian Overseas Petroleum Limited
Exercise of Warrants & Share Issuance
Calgary, Canada & London, United Kingdom, July 5, 2021 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE), an international oil and gas exploration and production company, announces that it issued 525,000,000 common shares of the Company on July 2, 2021 pursuant to an exercise of warrants and, issued 25,000,000 common shares of the Company on June 30, 2021 to its Financial Advisor in connection with the Company's acquisition of Atomic Oil & Gas LLC.
Applications will be made to the FCA for the 550,000,000 common shares to be admitted to the Official List and to the London Stock Exchange for the Shares to be admitted to trading on the London Stock Exchange's main market for listed securities within the next twelve months, in accordance with Listing Rule 14.3.4.
Following these issuances of common shares, the Company has a total of 15,503,619,791 common shares issued and outstanding. There are no common shares held in treasury and therefore the total number of voting rights in the Company is 15,503,619,791. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.