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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