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IN BRIEF: Canadian Overseas issues 6.3 million shares for conversion

17th Feb 2023 10:32

Canadian Overseas Petroleum Ltd - Wyoming, US-focused oil and gas company - Issues 6.3 million shares for conversion of USD1.0 million worth of 2024 bonds. Also says that on Wednesday it issued 8.5 million shares as part of a share settlement option. Following the issue of shares, the company will have a total of 292.7 million shares issued.

Current stock price: 7.35 pence, up 3.1% in London on Friday morning

12-month change: down 76%

By Sophie Rose, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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