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Sunshine Oilsands Ltd (2012.HK)

2012.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Sunshine Oilsands appoints Qiping Men as interim CEO
Friday, 1 Sep 2017 10:44am EDT 

Sept 1 (Reuters) - Sunshine Oilsands Ltd <2012.HK>::Qiping Men appointed as interim chief executive officer of corporation.Hong Luo will no longer serve as CEO, but will remain as executive director.  Full Article

Sunshine Oilsands Ltd announces financial assistance from a substantial shareholder
Thursday, 24 Aug 2017 08:02am EDT 

Aug 24 (Reuters) - Sunshine Oilsands Ltd <2012.HK>:Prime Union as lender and sunshine as borrower entered into shareholder's loan agreement.Prime Union agreed to provide a term loan to company in aggregate amount of HK$14.1 million.  Full Article

Sunshine Oilsands says Q2 net loss C$19.5 million
Monday, 14 Aug 2017 12:28am EDT 

Aug 14 (Reuters) - Sunshine Oilsands Ltd <2012.HK>::Q2 net loss narrowed to CAD $19.5 million from CAD $20.7 million for 2016 Q2.  Full Article

Sunshine Oilsands says chairman acquired 5 mln shares of co for consideration of hk$1.5 mln
Tuesday, 6 Jun 2017 09:35am EDT 

June 6 (Reuters) - Sunshine Oilsands Ltd <2012.HK>:Sun Kwok Ping, chairman of co acquired 5 million shares of co through on-market purchases for a consideration of hk$1.5 million.  Full Article

Sunshine Oilsands says corporation enters subscription agreement with subscriber Prime Union
Monday, 5 Jun 2017 07:48am EDT 

June 5 (Reuters) - Sunshine Oilsands Ltd <2012.HK>:Corporation entered into subscription agreement with subscriber prime union.Deal for an aggregate cash consideration of hk$ 106.5 million.corporation to allot and issue, an aggregate of 455.1 million subscription shares at subscription price of hk$0.234.net proceeds from subscription is expected to be approximately hk$106 million.intends to apply net proceeds as funds for future development of existing business , including funding op. Costs of west ells project.  Full Article

Sunshine Oilsands says The Corporation enters placing agreement with China Industrial Securities International Capital
Wednesday, 31 May 2017 06:31am EDT 

May 31 (Reuters) - Sunshine Oilsands Ltd <2012.HK>:Corporation entered into a placing agreement with China Industrial Securities International Capital Limited.‍Placing of up to 67.5 million common shares of company at price of hk$0.237 per share​.Net proceeds to be raised from placing will be approximately hk$ 15.9 million.  Full Article

Sunshine Oilsands says chairman acquired 4 mln shares of co
Thursday, 18 May 2017 05:15am EDT 

May 18 (Reuters) - Sunshine Oilsands Ltd <2012.HK>::Sun Kwok Ping acquired a total of 4 million shares of corporation through on-market purchases for an aggregate consideration of HK$1.1 million.  Full Article

Sunshine oil says daily production volume of West Ells project is up73 pct
Sunday, 14 May 2017 08:13pm EDT 

May 15 (Reuters) - Sunshine Oil<2012.HK>:Production Volume Increased By 73pct since January 2017 .expects West Ells Phase I to reach full production by end of q3 2017.  Full Article

Sunshine Oilsands says there can be no assurance it will be able to continue as a going concern
Friday, 12 May 2017 04:38am EDT 

May 12 (Reuters) - Sunshine Oilsands Ltd <2012.HK>:for the first quarter of 2017, co had a net loss of c$21.2 million compared to c$2.8 million for the same period in 2016.there can be no assurance company will be able to continue as a going concern..company's ability to continue as a going concern is dependent on continuing operations and development in west ells.west ells phase i project is expected to ramp up to its phase i design capacity of 5,000 bbls/day..company expects its current capital resources will not be sufficient to complete its development plans through next twelve months.  Full Article

Sunshine Oilsands announces issue of shares for settlement of indebtness
Wednesday, 5 Apr 2017 07:00am EDT 

Sunshine Oilsands Ltd <2012.HK> : Corporation entered into a debt settlement agreement with creditor a, being an independent third party and a creditor to corporation . Corporation will allot and issue relevant shares to creditor a as full and final settlement of partial debt. . Issue price is HK$0.241 Source (http://bit.ly/2oBhzLC) Further company coverage: [2012.HK] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article