03:32 PM EST - Compton Petroleum Corporation : announced that it has mailed to shareholders its Directors' Circular related to the takeover bid offer by MFC Industrial Ltd. announced on July 9. In addition, MFC has mailed its offer and takeover bid circular to Compton shareholders. Pursuant to the Bid, MFC is offering to acquire all of the outstanding shares for cash consideration of $1.25 per Common Share. Compton Petroleum Corporation
shares T.CMT are trading unchanged at $1.25.
