Compton files Prospectus for Rights, Warrants and Common Shares pursuant to recapitalization

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[{"type":"text","content":"\n\n\n\n\n\nCALGARY, Aug. 11, 2011 /CNW/ - Compton Petroleum Corporation (TSX: CMT)\n (\"Compton\") announces that it has filed with securities regulatory\n authorities its final Short Form Prospectus qualifying the distribution\n of certain Rights, Cashless Warrants and Common Shares of Compton to be\n issued pursuant to the Recapitalization and outlining, among other\n things, the details of the offering of Rights and Cashless Warrants to\n certain stakeholders. The Prospectus can be found on SEDAR at www.sedar.com and on the Corporation's website at www.comptonpetroleum.com.\n\n\nThe Toronto Stock Exchange (\"TSX\") has approved the listing of the\n Rights, Cashless Warrants and Shares issuable pursuant to the\n Recapitalization. The Rights will trade under the symbol CMT.RT. The\n Cashless Warrants will trade under the symbol CMT.WT.A.\n\n\nKey dates related to the Recapitalization are updated as follows:\n\nEvent\n\n \n\nAnticipated Date \n\n\nRights Warrants listed on TSX trade on\na \"when issued\" basis\nShares trade on ex-rights/warrants basis\n\n \n\nAugust 18, 2011 \n\n \n \n \n\nShareholder Distribution Record Date\n\n \n\nAugust 22, 2011\n\n \n \n \n\nEffective Date of Arrangement, including\nNote Exchange\n\n \n\nAugust 23, 2011\n\n \n \n \n\nMailing of Prospectus\n\n \n\nAugust 26, 2011\n\n \n \n \n\nRights Trading Ends\n\n \n\nNoon EST on September 20, 2011\n\n \n \n \n\nRights Expiry Date\n\n \n\n5 pm MST on September 20, 2011\n\n \n \n \n\nCompletion of Rights Offering\n\n \n\nSeptember 27, 2011\n\n\nCompton's shares began trading on a post-consolidation basis on August\n 10, 2011. Shareholders are eligible for Rights and Cashless Warrants\n provided that they hold shares as of the Shareholder Distribution\n Record Date of August 22, 2011.  Shares acquired on or after August 18\n would normally settle after the Shareholder Distribution Record Date,\n and therefore such a shareholder would not receive Rights and Warrants.\n\n\nFurther information about the Recapitalization is available on SEDAR (www.sedar.com) and Compton's website (www.comptonpetroleum.com).\n\n\nAdvisories\n\n\nForward-Looking Statements\n\n\nCertain information regarding the Corporation contained herein\n...

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