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Canadian Overseas Petroleum Limited Announces Approval of Application of Management Cease Trade Order and Provides First Bi-Weekly Status Report


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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Canadian Overseas Petroleum Limited Requests Management Cease Trade Order to Allow for Additional Time to Prepare Interim Financial Statements for the Period Ending March 31, 2021


(1)
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 com ....

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FTSE 100 trims gains; house prices rise 2.1% in April, the largest monthly increase since 2004


FTSE 100 closes on the front foot, with AstraZeneca the top riser
Footsie finished Friday ahead by around eight points, or 0.12%, at 6,969,
FTSE 100 closes around eight points higher
AstraZeneca top blue-chip riser
5.05pm: FTSE closes ahead
FTSE 100 closed on the front foot at the end of the trading week, with drugs giant and much-in-the-news COVID-19 vaccine producer AstraZeneca (LON:AZN) the top dog.
Footsie finished ahead by around eight points, or 0.12%, at 6,969, with the psychologically significant 7,000 level now coming back into view.
Over the week as a whole , the FTSE 100 added around 0.45%.
AstraZeneca shares closed up over 4% at 7,715p as traders welcomed an upbeat first quarterly results statement, which showed sales of US$7.3 billion, around 15% higher compared to the first quarter of 2020. ....

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Driver Group plc slips after competitor poaches senior staff


Card Factory moves higher after physical stores do better than expected
A look at Friday s major share movers on the London Stock Exchange
Card Factory PLC (LON:CARD) added 7% to 84.3p before close after announcing that performance following the reopening of stores in England and Wales has topped expectations.
Sites in Scotland will resume trading on 26 April while those in Northern Ireland have reopened today.
The greeting cards retailer has also headline terms for refinancing with its banks, with more details to be released soon. The banks also extended waivers in respect of anticipated covenant breaches to 31 May 2021, taking account of the company s cash flow projections. ....

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