By Kyle Morris

Canadian Overseas Petroleum said Monday that it has issued 26.9 million shares pursuant to conversion of $1.4 million in 2027 bonds and $0.8 million in 2028 bonds.

Shares at 0834 GMT were down 0.25 pence, or 4.7%, at 5.13 pence.

Write to Kyle Morris at kyle.morris@dowjones.com

(END) Dow Jones Newswires

May 15, 2023 04:54 ET (08:54 GMT)

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