Us Oil Sands Inc : Announces third quarter 2016 results . There is significant doubt and there can be no assurance company will be able to continue as a going concern .Is pursuing various strategies to improve its liquidity position, including asset-based and equity financing.
Us Oil Sands Inc : Us Oil Sands Inc. Announces pr spring project and liquidity update . Planning to start up Pr Spring Project in Q4 this year as previously announced . Pr Spring Project has also been completed and is ready for active mining operations . Project total installed cost is now targeted to be under US$62.5 million, approximately 4% over original budget .Completion, commissioning and start-up will need additional capital, co pursuing financing alternatives to meet liquidity requirements.