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Sunshine Oilsands Issues Shares to Settle Debt

Sunshine Oilsands Issues Shares to Settle Debt

Sunshine Oilsands (HK:2012) has released an update.

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Sunshine Oilsands Ltd. has announced the issuance of shares under its general mandate to settle debts with a creditor. This financial move by the Alberta, Canada-based company, which is listed on the Hong Kong Stock Exchange (HKEX: 2012), is aimed at managing its liabilities. The announcement specifies that it is for information purposes and not an offer to acquire securities.

For further insights into HK:2012 stock, check out TipRanks’ Stock Analysis page.

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