17:00 Wed 30 Jul 2014
Canadian Ovrs Pet Ld - Offering of Units
Canadian Overseas Petroleum Limited Announces Offering of Units
The Offering will be led by
The Company will issue a minimum of 25,000,000 Units at a price of
The Offering is subject to customary conditions and the receipt of required regulatory approvals, including the approval of the
This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in
About the Company
COPL is an international oil and gas exploration and development company focused in the offshore
For Further Information Please Contact:
Mr.
Phone: 403.262.5441
Or
Investor and Public Relations
Mark Antelme or
North
Phone: +44 (0) 207 861 3800
Forward Looking Statements
This press release may contain forward-looking statements based on COPL's current expectations and assumptions as to a number of factors including weather, regulatory approvals and general economic and industry conditions. If those expectations and assumptions prove to be incorrect, or factors change, then actual results could differ materially from the forward-looking statements contained in this press release.
Generally, statements included in this press release that address activities, events or developments that COPL expects, believes or anticipates will or may occur in the future are forward-looking statements. Such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond COPL's control, including: the impact of general economic conditions in the areas in which COPL operates, civil unrest, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. In addition there are risks and uncertainties associated with the oil and gas industry, therefore COPL's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amounts of proceeds, which COPL will derive therefrom. Such statements are based on assumptions made by COPL based on its experience perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances.
The forward‐looking information contained in this press release is made as of the date hereof and COPL undertakes no obligation to update publicly or revise any forward‐looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws.
Neither the
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