The number of common shares issued for settlement of these Conversion Payments is based on the lowest 5-day VWAP following election of the share settlement option for the Conversion Payments.
Following these issuances of common shares, the Company has a total of 1,344,370,498 common shares issued and outstanding. There are no common shares held in treasury and therefore the total number of voting rights in the Company is 1,344,370,498.
Applications will be made for the Shares to be admitted to the FCA's Official List and to trading on the
About the Company
COPL is an international oil and gas exploration, development and production company actively pursuing opportunities in
Contact:
Mr.
Tel: + 1 (403) 262 5441
The Common Shares are listed under the symbol 'XOP' on the CSE and under the symbol 'COPL' on the
This news release contains forward-looking statements. The use of any of the words 'initial, 'scheduled', 'can', 'will', 'prior to', 'estimate', 'anticipate', 'believe', 'should', 'forecast', 'future', 'continue', 'may', 'expect', and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein are based on certain key expectations and assumptions made by the Company, including, but not limited to, the ability to raise the necessary funding for operations, delays or changes in plans with respect to exploration or development projects or capital expenditures. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements since the Company can give no assurance that they will prove to be correct since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties most of which are beyond the control of
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