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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (881)	7/31/2013 11:21:09 AM
From: Goose94	Read Replies (1) of 202843

Canadian Overseas completes $6-million offering July 25, 2013 - News Release Canadian Overseas Petroleum Ltd. has closed its previously announced marketed offering of common shares in the capital of the company. Pursuant to the offering, the company issued an aggregate 30 million common shares at 20 cents per share for aggregate gross proceeds of $6-million.COPL president and chief executive officer Arthur Millholland commented: "For a junior oil company to raise $6.0-million in such a difficult time for the natural resource sector strongly reflects the confidence our investors have in the company's management team and the assets in Liberia and New Zealand. We continue to evaluate projects that will allow us to develop COPL into a successful exploration and production company." The offering was led by FirstEnergy Capital Corp. on behalf of a syndicate of agents including Canaccord Genuity Corp. and GMP Securities LP. We seek Safe Harbor.

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