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Sunshine Oilsands ( (HK:2012) ) has provided an announcement.
Sunshine Oilsands has called a special meeting of holders of its Class A common voting shares to be held in Hong Kong on January 13, 2026 (January 12, 2026 Calgary time), asking shareholders to approve the issuance and listing of new shares under a series of settlement agreements. The proposed resolution would ratify the execution of these settlement agreements, grant directors a specific mandate to allot and issue the relevant shares once Hong Kong listing approval and other conditions are met, and authorize directors to take related actions and make immaterial amendments, signaling a further use of equity to settle obligations and potentially adjust the company’s capital structure.
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 an Alberta-incorporated oil and gas company focused on oil sands development, with its Class A common voting shares listed on the Hong Kong Stock Exchange, giving it exposure to Asian capital markets.
Average Trading Volume: 4,716,007
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$237.1M
Learn more about 2012 stock on TipRanks’ Stock Analysis page.