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EXCO Resources
XCO today
announced that it is rescheduling its previously scheduled analyst
meeting from December 10, 2013 to March 2014, with the specific date and
time to be determined. The rescheduling of the meeting is necessitated
by the Company's recently announced intention, subject to applicable
regulatory approvals, to conduct a rights offering, which will allow the
Company to raise equity capital through the sale of its common shares.
Certain terms of the rights and the record date to determine those
shareholders entitled to receive the rights will be announced at a later
date.
The distribution of the rights and the commencement of the rights
offering may occur only after
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