Sunshine Oilsands (HK:2012) has released an update.
Sunshine Oilsands Ltd. has announced an extension for the closing date of its new share issuance to settle a debt, pushing it from October 31 to November 30, 2024. This extension comes after the company entered into a supplemental agreement with its creditor, as they await feedback from Canadian regulatory authorities. Existing terms and conditions of the original settlement agreement remain unchanged, keeping investors and market watchers keen on further developments.
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