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IN BRIEF: Canadian Overseas Petroleum intends to raise GBP13 million

8th Mar 2021 21:18

Canadian Overseas Petroleum Ltd - oil and gas company focused on Sub-Saharan Africa - Intends to raise GBP13 million through placing and subscription of shares, for which Tennyson Securities will act as sole bookrunner.

Company did not disclose what the proceeds will go towards.

Current stock price: 0.38 pence, closed up 9.5% on Monday

Year-to-date change: up 58%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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