0.75% of the issued share capital of the Corporation immediately before Partial Joanne Yan and Mr. Yi He as independent non-executive directors. The net proceeds from the Placement, after deducting relevant expenses incurred "d": "DOW JONES Index" Hong LuoChief Executive Officer(1) 403-984-1450investorrelations@sunshineoilsands.comwww.sunshineoilsands.com, COMPANY:FOR: SUNSHINE OILSANDS LTD.HKSE SYMBOL: 2012, INDUSTRY: Energy and Utilities - Oil and GasRELEASE ID: 20170328CC0017, Press Release from Marketwired 1-866-736-3779. Check daily to find out the amount and who is raising capital for exploration, development, working capital or debt retirement. Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" CALGARY - Reference is made to the announcement dated October 16, 2020 (the 'Announcement') issued by Sunshine Oilsands Ltd ('Sunshine' or the 'Corporation') in relation to, among others, the proposed conversion of fixed rate convertible bonds in principal amount of HK$72,000,000 by the Subscriber and the application for Whitewash Wavier. of the existing business of the Corporation, including funding the operation subject to 4 months' holding period. Compare individual companies on the Financial tab on the company profile or benchmark a group of companies on the search comparative analysis screen using financial information provided by Morningstar. As data gatherers for over 30 years, Mining Intelligence is your trusted resource to put critical and timely information at your fingertips. The 40,000,000 Common Shares subscribed by Zhengwei represent (i) approximately "belowLineFillColorGrowing": "rgba(60, 188, 152, 0.05)", in relation to the placing of new Shares under the General Mandate to Zhengwei "s": "INDEX:TXCX", { "expect", "project", "plan", "target", "vision", "goal", "outlook", "may", }, }, "s": "INDEX:JX", }, The Corporation is currently focused on executing milestone undertakings in the West Ells project area. } "d": "Brent Crude" EnergyNow is an online energy news and data media service dedicated to providing essential up to-date information on the Canadian oil & gas industry. revise any forward-looking statements as a result of new information, future Any questions that arise due to the content or information provided in the press release should be directed to the company/organization Capital raisings are a barometer of the mining industry. Limited take no responsibility for the contents of this announcement, make no Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong assumptions and factors discussed in this announcement are not exhaustive and All prices, expected future production, the ability to access sufficient capital to general working capital of the Corporation and as funds for future development "d": "CAD/USD" Confirms Its Offer; Highlights the Key Benefits to Savanna Shareholders; and Asks for Savanna Shareholders’ Support, Bank of Canada Deputy Says Drag of Oil Shock `Behind Us', Five Things World Business Will be Talking About Today, ISA Automation Expo and Conference 2020 (AEC 2020), Operational Excellence in Oil and Gas 2020 - Online, CANWEA: Electricity Transformation Canada 2020, World Energy Capital Assembly (WECA X 2020), Operational Excellence in Energy, Chemicals & Resources 2020 - Online, Canadian Onshore Well Site Facilities Optimization & Methane Emissions Reduction Technology 2020, Williston Basin Petroleum Conference 2021, Canada Gas & LNG Exhibition and Conference 2021, Operational Excellence in Energy, Chemicals, and Resources 2021. expected reserves and contingent and prospective resources estimates, Access and download the latest documents for Sunshine Oilsands Ltd. Search within PDF documents. The Subscription Agreement expires on the date of this announcement and hence events or otherwise, subsequent to the date of this announcement, except as laws or regulations and the impact thereof and the costs associated with by such forward-looking statements are reasonable, there can be no assurance Readers are cautioned that the "will", "should", "believe", "intend", "anticipate", "potential", and similar TradingView.com "s": "FX_IDC:CADUSD", { "d": "TSX Venture" By Order of the Board of Sunshine Oilsands Ltd. As at the date of this announcement, the Board consists of Mr. Kwok Ping Sun, West Ells has an initial production Market quotes are powered by "s": "INDEX:TTEN", liability whatsoever for any loss howsoever arising from or in reliance upon "d": "CDN Light Sweet" "symbols": [ unanticipated costs and expenses, regulatory approval, fluctuating oil and gas Unless defined otherwise, terms used herein shall have the same meanings as those defined in the Announcement. lapsed. Quickly visualize current and historical Reserves & Resources of a property or company using charts and graphs comparing grade/tonnage, contained material and In Situ values. undertakings in the West Ells project area. "s": "INDEX:CDNC", This announcement contains forward-looking information relating to, among other "d": "TSX Energy" The subscribed shares are We provide live feeds designed to help energy professionals, field personnel, business owners, and senior business leaders get the latest energy news and data, energy industry press releases and energy job and event listings. "belowLineFillColorFalling": "rgba(255, 74, 104, 0.05)", "title": "Commodities", Michael John Hibberd, Mr. Jianzhong Chen and Ms. Xijuan Jiang as non-executive costs of the West Ells project. "title": "Indices", "symbolActiveColor": "#F2FAFE", On May 19, 2020 from Sedar Unlock in-depth intelligence about Sunshine Oilsands Ltd As data gatherers for over 30 years, Mining Intelligence is your trusted resource to put critical and timely information at … { }, Unless defined otherwise, terms used herein … Completion of the Placement and (ii) approximately 0.75% of the issued share { (approximately CDN$ 1,996,485 at the current exchange rate) will be used as { directors; and Mr. Raymond Shengti Fong, Mr. Gerald Franklin Stevenson, Ms. of Alberta, Canada with limited liability). been fulfilled and partial completion of the Placement took place on March 28, "s": "TVC:USOIL+NYMEX:WCW1! Rise Above the Ongoing Global Economic Challenge, Recent Advances in Becht’s HTHA Damage Modeling Approach, U.S. Election Will Help Canada’s Oilpatch No Matter Who Wins, Canada Weekly Rig Count Up 3 for Week Ending October 23, 2020, Canada’s Cenovus Energy to buy Husky Energy for $3.8 billion in shares – $23.6 billion deal value, U.S. oil and gas rigs rise to highest since May: Baker Hughes, Genoil Bolsters Management Team With Appointment of Executive Who Has Extensive Experience in Large International Transactions, Razor Energy Corp. { All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Sunshine Oilsands Ltd. (a corporation incorporated under the Business Corporations Act of the Province "s": "UKOIL", "largeChartUrl": "http://energynow.ca/data/", Set out below is the shareholding structure of the Corporation immediately "scaleFontColor": "#DADDE0", "height": "700", Only Shareholders as at the Record Date are entitled to receive notice of the Special General Meeting. "gridLineColor": "#e9e9ea", { Help us to improve EnergyNow, Give us your feedback, WHO’S NEXT? that such expectations will prove to be correct. "s": "INDEX:DJI", { "locale": "en", an invitation or offer to acquire, purchase or subscribe for securities of "d": "CDN Crude Index" in relation to the Subscription, amount to approximately HK$ 11,599,985 "s": "TVC:USOIL+NYMEX:ICL1! framework, including changes to regulatory approval process and land-use required under applicable securities legislation. beliefs, assumptions, information and perception of historical trends available foregoing lists are not exhaustive and are made as at the date hereof. { full discussion of the Corporation's material risk factors, see the 2016 (Hong Kong time) / December 28, 2016 (Calgary time) (the "Announcement") Forward-looking statements are based on the Corporation's experience, current Shareholders on record will be entitled to vote the Shares held by them as at the Record Date, unless any such Shareholder properly transfers the Shares after the Record Date and the transferee of those Shares, having produced properly endorsed certificates evidencing such shares or having otherwise established ownership of such Shares, demands, at least ten (10) days before the Special General Meeting, that the transferee's name be included in the list of Shareholders entitled to vote at the Special General Meeting, in which case such transferee shall be entitled to vote such Shares at the Special General Meeting.

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