We’re only going one way today…1 Dec 2021 08:01
Announces Completion of USD 8,000,000 at 20 pence per share Accelerated Bookbuild
Calgary, Canada & London, United Kingdom, December 01, 2021 - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE), an international oil and gas exploration and development company, today announces the successful completion of the oversubscribed accelerated bookbuild process announced on November 30, 2021 raising gross proceeds of USD 8,000,000 (the "Placing"). A total of 30,250,000 common shares (the "Placing Shares") were placed by Tennyson Securities (the "Agent") with institutional investors at a price of 20 pence per Placing Share.