Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Sunshine Oilsands ( (HK:2012) ).
Sunshine Oilsands Ltd. announced that shareholders have approved, by a poll vote, an ordinary resolution at a special meeting held on January 13, 2026 (Hong Kong time) / January 12, 2026 (Calgary time), concerning the issuance of new shares under certain settlement agreements. The resolution, supported by approximately 75.74% of votes cast, authorizes the issuance and allotment of the relevant shares, ratifies the execution of the settlement agreements and related documents, and grants directors a specific mandate to carry out all necessary actions for the share issuance, signaling shareholder backing for the company’s proposed capital and settlement arrangements.
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 an oil and gas company incorporated in Alberta, Canada, focused on the exploration and development of oil sands assets. The company is listed on the Hong Kong Stock Exchange under the stock code 2012, giving it access to Asian capital markets while operating primarily in the Canadian energy sector.
Average Trading Volume: 4,751,128
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$245.7M
Find detailed analytics on 2012 stock on TipRanks’ Stock Analysis page.