Canadian Overseas Petroleum Limited (LSE:COPL, CSE:XOP) in a short statement reported that it has now issued 48.9mln new shares in the company as the conversion of US$1.4mln of bonds (due 2027) and US$2.6mln (due 2028).
The company noted that it still has outstanding US$16mln of the 2027 series, and, US$17.4mln of 2028 bonds.