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Canadian Overseas Petroleum Ltd Announces Canadian Court Approval Re. Cuda Wyoming Assets

Canadian Overseas Petroleum Ltd Announces Canadian Court Approval Re. Cuda Wyoming Assets
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Calima Energy Ltd completes strongly supported A$38 million capital raising

Calima Energy completes strongly supported A$38 million capital raising
Funds raised under the placement will be used to complete the recently announced acquisition of Blackspur Oil Corp.
The company anticipates being reinstated to ASX trading next week.
Calima Energy Ltd (ASX:CE1) has completed a strongly supported capital raising under its retail offer and institutional placement for total funds of A$37.9 million.
There were 5,425,783,115 fully paid ordinary shares issued at a price of A$0.007 per share.
The company received strong demand in the retail offer and scale backs have been applied with the scale-back funds to be remitted back to the investors on Friday, April 30, 2021. ....

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Calima Energy Ltd makes strong progress and expects suspension to end shortly

Calima Energy makes strong progress and expects suspension to end shortly
“We are extremely pleased with the exceptionally strong support for our capital raising, which validates the quality of the asset base and importantly the strong cash flows that the assets will generate in a rising energy market,” says CEO.
The company’s capital raising has been completed with A$38 million of shares to be issued.
Calima Energy Ltd is making considerable progress on the path to production and revenue generation from assets in the prolific Montney Formation in Canada and is confident of ending an ASX trading suspension in the near future. ....

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