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IN BRIEF: Canadian Overseas Petroleum Repays GBP400,000 Loan In Cash

8th Feb 2021 13:23

Canadian Overseas Petroleum Ltd - oil and gas company focused on Sub-Saharan Africa - Announces it has repaid in cash the GBP400,000 loan from Riverfort Global Opportunities PCC and YA II PN Ltd that it received in June 2020. Says it has now met all terms and conditions of the lenders under the loan agreement.

"We would like to thank Riverfort and YA for providing the loan in June of last year which was strategic to the restructuring of the company. It has allowed us to proceed to where we are today nearing the completion of the Atomic acquisition," says President & Chief Executive Arthur Millholland.

Current stock price: 0.26 pence

Year-to-date change: up 10%

By Zoe Wickens; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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