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Canadian Overseas Petroleum Ltd Announces $3 5m Equity Financing & Board Changes

Canadian Overseas Petroleum Ltd Announces $3 5m Equity Financing & Board Changes
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Canadian Overseas Petroleum Ltd Announces $3 5m Equity Financing &

Investegate |Canadian O Seas Petr Announcements | Canadian O Seas Petr: Senior Credit Facility for up to US$65 million

  Calgary, Canada & London, United Kingdom, February 18, 2021 - Canadian Overseas Petroleum Limited ( COPL or the Company ) (XOP: CSE) & (COPL: LSE), an international oil and gas exploration and development company, today announces that:   · The Company has been notified that its previously announced US$65 million Senior Credit Facility ( Credit Facility or Facility ) was approved by the Investment Committee of the Lender, a US based Global Investment Firm (the Lender ) · This represents a significant positive step in the previously disclosed planned process of obtaining financing and completing the closing of its acquisition of Atomic Oil and Gas LLC ( Atomic ) and its related entities, as announced on December 16, 2020.

Canadian Overseas Petroleum Limited (LSE:COPL) | RNS | Canadian O Seas Petr - Senior Credit Facility for up to US$65 million

Canadian Overseas Petroleum Limited (LSE:COPL) | RNS | Canadian O Seas Petr - Senior Credit Facility for up to US$65 million
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