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Sunshine Oilsands ( (HK:2012) ) has provided an update.
Sunshine Oilsands Ltd. announced a further delay in the dispatch of a circular related to the Issue of Shares under Specific Mandate for Settlement of Debts. Initially expected by December 4, 2025, the circular’s dispatch has been postponed to on or before December 19, 2025, due to the need for additional preparation time. Shareholders and potential investors are advised to exercise caution as the completion of the transactions is subject to certain conditions.
The most recent analyst rating on (HK:2012) stock is a Hold with a HK$0.48 price target. To see the full list of analyst forecasts on Sunshine Oilsands stock, see the HK:2012 Stock Forecast page.
More about Sunshine Oilsands
Sunshine Oilsands Ltd. is a Calgary-based public corporation listed on the Hong Kong Stock Exchange since March 1, 2012. The company focuses on developing its extensive oil sands leases in the Athabasca region, owning interests in approximately one million acres of oil sands and petroleum and natural gas leases. Currently, Sunshine Oilsands is concentrating on the West Ells project area with an initial production target of 5,000 barrels per day.
Average Trading Volume: 5,048,725
Technical Sentiment Signal: Sell
Current Market Cap: HK$282.8M
See more insights into 2012 stock on TipRanks’ Stock Analysis page.