Canadian Overseas Petroleum Limited Announces Approval of Application of Management Cease Trade Order and Provides First Bi-Weekly Status Report
Company ) (CSE:
XOP)(LSE:
COPL), is pleased to announced that further to its press release dated May 12, 2021, its application to its principal regulator, the Alberta Securities Commission (the
ASC ), for a management cease trade order (the
MCTO ) under National Policy 12-203 - Management Cease Trade Orders (
NP 12-203 ) has been granted as of May 18, 2021. As previously announced, the application for the MCTO was made by the Company in order to secure additional time for the Company to prepare its unaudited interim financial statements and the applicable CEO and CFO certifications in respect of such filings for the period ended March 31, 2021 (collectively the
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CALGARY, AB / ACCESSWIRE / May 12, 2021 / Canadian Overseas Petroleum Limited (the
Company ) (CSE:XOP)(LSE:COPL), an international oil and gas exploration and development company, today announces that is has requested a temporary Management Cease Trade Order (
MCTO ) from the Alberta Securities Commission (
ASC ) in connection with the Company s filing of its unaudited interim financial statements and the applicable CEO and CFO certifications in respect of such filings for the period ended March 31, 2021 (collectively the
Interim Filings ).
Atomic ) and Southwestern Production Corp. (
SWP ), two closely held oil and gas companies with producing oil and gas assets in Wyoming, United States (the
Acquisition ). The Acquisition closed on March 16, 2021 with an effective date of December 1, 2020. The Company has not yet received the audited financial statements of Atomic and SWP for the year ended December 31, 2020, which are required to complete the Interim Filings b
Canadian Overseas Petroleum Limited Provides Second Bi-Weekly Status Report
CALGARY, AB / ACCESSWIRE / April 15, 2021 / Canadian Overseas Petroleum Limited (the
Company ) (CSE:XOP)(LSE:COPL), is providing this bi-weekly default status report in accordance with National Policy 12-203 -
Management Cease Trade Orders (
NP 12-203 ).
MCTO Notice ) disclosing that it had voluntarily applied to the Alberta Securities Commission (the
ASC ) for a management cease trade order (
MCTO ) as it was not able to complete and file its audited annual financial statements and the applicable CEO and CFO certifications in respect of such filings for the financial year ended December 31, 2020 (collectively the
Annual Filings ) by the filing deadline of March 31, 2021. On April 1, 2021 the Company announced that the ASC granted the MCTO provided that the Company issue a bi-weekly default status report every two weeks, in accordance with NP 12-203, during the period of the MCTO. The Company
Canadian Overseas Petroleum Limited Announces Approval of Application of Management Cease Trade Order and Provides Bi-Weekly Status Report
Company ) (CSE:
XOP)(LSE:
COPL), is pleased to announced that further to its press release dated March 17, 2021, its application to its principal regulator, the Alberta Securities Commission (the
ASC ), for a management cease trade order (the
MCTO ) under National Policy 12-203 -
Management Cease Trade Orders (
NP 12-203 ) has been granted. As previously announced, the application for the MCTO was made by the Company in order to secure additional time for the Company to file its audited annual financial statements and the applicable CEO and CFO certifications in respect of such filings for the financial year ended December 31, 2020 (collectively the