Aug 31 (Reuters) - Canadian Overseas Petroleum Ltd XOP.V :
* £3 MILLION COMMON SHARE OFFERING ADMITTED TO TRADING AND INTENTION TO SEEK A LISTING ON CSE EXCHANGE CALGARY, CANADA, AUGUST 31, 2018
* COMPANY IS PLEASED TO ANNOUNCE THAT WE HAVE CHOSEN TO FORGO AN IMMINENT SHARE CONSOLIDATION THAT HAS BEEN REQUIRED BY TSX VENTURE EXCHANGE IN ACCORDANCE WITH ITS RULES PROHIBITING SHARE ISSUANCES FOR LESS THAN $0.05 PER SHARE
* INSTEAD, COMPANY INTENDS TO DELIST FROM TSX VENTURE EXCHANGE AND APPLY FOR A LISTING ON CSE EXCHANGE WHERE THERE IS MORE LENIENCE CONCERNING CONSOLIDATIONS AND LOWER COSTS GENERALLY