Compton Shares Trading Ex-rights and Ex-warrants

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[{"type":"text","content":"\n\n\n\n\n\nCALGARY, Aug. 18, 2011 /CNW/ - Compton Petroleum Corporation (TSX: CMT)\n (\"Compton\") announces that the Corporation's shares began trading\n \"ex-rights\" and \"ex-warrants\" on the Toronto Stock Exchange (\"TSX\") at\n the open of business today, August 18, 2011. The Rights and Cashless\n Warrants trade under the symbols CMT.RT and CMT.WT.A, respectively.\n\n\nShares purchased on or following August 18, 2011 will not be entitled to\n receive the Rights or Cashless Warrants. Trading of the Rights is\n expected to continue until noon (Toronto time) on September 20, 2011,\n at which time the Rights will be halted and Rights which are not\n exercised by 5:00 p.m. (Calgary time) on September 20, 2011 will be\n void and have no value.\n\n\nPackages containing the Short Form Prospectus qualifying the\n distribution of certain Rights, Cashless Warrants and Common Shares of\n Compton along with the Rights Certificate will be mailed to\n shareholders on August 26, 2011. Shareholders wishing to exercise their\n Rights must forward the completed Rights Certificate along with the\n applicable funds to Computershare Investor Services Inc. (the\n subscription agent) no later than 5:00 p.m. (Calgary time) on September\n 20, 2011.\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 constitutes forward-looking information and statements and financial\n outlooks (collectively, \"forward-looking statements\") under the meaning\n of applicable securities laws, including Canadian Securities\n Administrators' National Instrument 51-102 Continuous Disclosure\n Obligations and the United States Private Securities Litigation Reform\n Act of 1995.  Forward-looking statements include estimates, plans,\n expectations, opinions, forecasts, projections, guidance, or other\n statements that are not statements of fact, including statements\n regarding (i) the key dates in relation to the Recapitalization; (ii)\n the completion of the Recapitalization and its impact on the\n Corporation, (iii) cash flow and capital and operating expenditures,\n (iv) exploration, drilling, completion, and production matters, (v)\n results of operations, (vi...

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