Business
Compton Petroleum announces expected close of equity offering
Compton Petroleum announces expected close of equity offering
About this update from Cullinan Metals Corp
[{"type":"text","content":"\n\n\n\nOct. 2, 2009 (Canada NewsWire Group) -- CALGARY, Oct. 2 /CNW/ -- Compton Petroleum Corporation (TSX - CMT, NYSE - CMZ) announces that its underwriters have received confirmation that the United States Financial Industry Regulatory Authority, Inc. will issue a \"no-objection\" letter in respect of the previously announced public offering of units of Compton, and that formal closing of the offering will take place before markets open on Monday, October 5, 2009.Forward Looking StatementsCertain information regarding the Corporation contained herein constitutes forward-looking information and statements and financial outlooks (collectively, \"forward-looking statements\") under the meaning of applicable securities laws, including Canadian Securities Administrators' National Instrument 51-102 Continuous Disclosure Obligations and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include estimates, plans, expectations, opinions, forecasts, projections, guidance, or other statements that are not statements of fact, including statements regarding (i) cash flow and capital and operating expenditures, (ii) exploration, drilling, completion, and production matters, (iii) results of operations, (iv) financial position, and (v) other risks and uncertainties described from time to time in the reports and filings made by Compton with securities regulatory authorities. Although Compton believes that the assumptions underlying, and expectations reflected in, such forward-looking statements are reasonable, it can give no assurance that such assumptions and expectations will prove to have been correct. There are many factors that could cause forward-looking statements not to be correct, including risks and uncertainties inherent in the Corporation's business. These risks include, but are not limited to: crude oil and natural gas price volatility, exchange rate fluctuations, availability of services and supplies, operating hazards, access difficulties and mechanical failures, weather related issues, uncertainties in the estimates of reserves and in projection of future rates of production and timing of development expenditures, general economic conditions, and the actions or inactions of third-party operators, and other risks and uncertainties described from time to time in the reports and filing...