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2012 — Sunshine Oilsands News Story

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Brief: Sunshine Oilsands updates on placing agreement

March 16 (Reuters) - Sunshine Oilsands Ltd  2012.HK  
    * Corporation entered into a placing agreement with China 
Industrial Securities International Capital Limited 
    * Maximum gross proceeds to be raised from placing will be 
HK$ 70 million 
    * Corporation to place, through CISC, on a best efforts 
basis, up to 247.4 million common shares of company at a price 
of HK$0.283 per share 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS9l5SqB 
Further company coverage:  2012.HK  
 
 ((bangalore.newsroom@thomsonreuters.com;))

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