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Sunshine Oilsands Delays Circular Dispatch for Share Issue

Story Highlights
  • Sunshine Oilsands Ltd. delays circular dispatch for share issue under specific mandate.
  • Circular release postponed to December 4, 2025, pending additional information inclusion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sunshine Oilsands Delays Circular Dispatch for Share Issue

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The latest update is out from Sunshine Oilsands ( (HK:2012) ).

Sunshine Oilsands Ltd. announced a delay in the dispatch of a circular related to the issue of shares under a specific mandate for debt settlement. Initially expected by November 13, 2025, the circular’s release has been postponed to on or before December 4, 2025, to incorporate additional information. The completion of the transactions is contingent on meeting certain conditions, and stakeholders are advised to exercise caution in dealing with shares.

The most recent analyst rating on (HK:2012) stock is a Hold with a HK$0.50 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 2012. The company focuses on developing its extensive oil sands leases in the Athabasca region, with 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, aiming for an initial production target of 5,000 barrels per day.

Average Trading Volume: 3,181,023

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$211.4M

See more insights into 2012 stock on TipRanks’ Stock Analysis page.

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