Opal Energy cancels $35-million (U.S.) note offeriOpal Energy cancels $35-million (U.S.) note offering
2008-09-04 09:12 ET - News Release
Mr. Ronald Oligney reports
OPAL ENERGY DETERMINES NOT TO PROCEED WITH CONVERTIBLE SENIOR SECURED NOTES OFFERING
Opal Energy Corp. has determined not to proceed with the convertible senior secured notes offering announced in Stockwatch on July 9, 2008. The company is pursuing alternative means to finance its drilling initiatives.