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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. all relevant approvals and consents from governmental or other competent authority or in accordance with applicable laws having been obtained, if necessary.
The shareholding structure of the Corporation as at the date of this announcement and immediately after completion of the Issuance (assuming that there are no other changes to the shareholding structure of the Corporation from the date of this announcement to the date of completion of the Issuance) are as follows: REASONS FOR AND BENEFITS OF ENTERING INTO THE SETTLEMENT AGREEMENT.
Forward-looking statements are based on the Corporation's experience, current beliefs, assumptions, information and perception of historical trends available to the Corporation, and are subject to a variety of risks and uncertainties including, but not limited to those associated with resource definition and expected reserves and contingent and prospective resources estimates, unanticipated costs and expenses, regulatory approval, fluctuating oil and gas prices, expected future production, the ability to access sufficient capital to finance future development and credit risks, changes in Alberta's regulatory framework, including changes to regulatory approval process and land-use designations, royalty, tax, environmental, greenhouse gas, carbon and other laws or regulations and the impact thereof and the costs associated with compliance.
The Options were granted to the following directors of the Corporation :-. Sunshine Oilsands Ltd. published this content on 09 September 2019 and is solely responsible for the information contained therein. The forward-looking statements speak only as of the date of this announcement and are expressly qualified by these cautionary statements. Save as disclosed below, the Corporation has not conducted any other fundraising activities during the 12 months immediately preceding the date of this announcement.
Based on the Bank of Canada's nominal noon exchange rate (as at August 21, 2019) of CDN$1.00 =HK$5.9067. Here is a list of human resources highlights as appeared in the Daily Oil Bulletin for the week ending May 11, 2018: Crescent Point director nominees elected at AGM. West Ells has an initial production target of 5,000 barrels per day. Here is a list of human resources highlights as appeared in the Daily Oil Bulletin for the week ending May 11, 2018: During the May 4 annual general meeting of Crescent Point Energy Corp., shareholders elected the 10 director nominees proposed by management. Distributed by Public, unedited and unaltered, on 09 September 2019 …
Other than listed above, none of the Grantees is a substantial shareholder, chief executive or director of the Corporation, or an associate (as defined under the Listing Rules) of any of them. By Order of the Board of Sunshine Oilsands Ltd. As at the date of this announcement, the Board consists of Mr. Kwok Ping Sun and Ms. Gloria Pui Yun Ho as executive directors; Mr. Michael John Hibberd, Ms. Linna Liu and Ms. Xijuan Jiang as non- executive directors; and Mr. Yi He, Mr. Alfa Li and Mr. Guangzhong Xing as independent non-executive directors.
He was previously the company's chief operating officer and chief financial officer. The Corporation disclaims any intention or obligation to update or revise any forward- looking statements as a result of new information, future events or otherwise, subsequent to the date of this announcement, except as required under applicable securities legislation. The Relevant Shares will be allotted and issued pursuant to the General Mandate and the issue of the Relevant Shares is not subject to Shareholders' approval. Currently, he is the chief financial officer of North West Refining Inc.
Up to the date of this announcement, the Board has allotted and issued 158,590,480 Shares under the General Mandate.
Terms & Conditions, The role of Canada’s resources in delivering our modern world, Biden calls for 'transition' from oil, GOP sees opening, Hydrogen mega-project in Australia on approval fast-track, Alberta establishes large crude-by-rail working group: This week’s people news, Former Statoil head to chair BP: This week's people news, New CEO at Clearview following Bashaw takeover: This week's people news, Rising Star duo share passion for creating change in industry, Alberta to stop limits on oil production in December after nearly two years, $100 million fund to be used to cut oilpatch emissions, fuel new product development. As at the date of this announcement, the Corporation has 6,316,217,006 Shares in issue. FUND RAISING ACTIVITIES OF THE CORPORATION IN THE PAST 12 MONTHS. sunshine oilsands • west ells sagd project sunshine oilsands • 2018 annual report sunshine oilsands • west ells performance presentation • jun 2019 regulatory filings: sunshine oilsands • west ells figures - maps, plot plans and process drawings sunshine oilsands • application for the west ells sagd project • … The Corporation is currently focused on executing milestone undertakings in the West Ells project area. Distributed by Public, unedited and unaltered, on 11 October 2019 09:45:06 UTC, End-of-day quote Hong Kong Stock Exchange - 10/23, a discount of approximately 9.22% as to the average closing price of HK$0.0694 per Share as quoted on the Hong Kong Stock Exchange for the last five consecutive trading days immediately prior to and including October 10, 2019; and. Readers are cautioned that the assumptions and factors discussed in this announcement are not exhaustive and readers are not to place undue reliance on forward-looking statements as the Corporation's actual results may differ materially from those expressed or implied. Although the Corporation believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Get the latest stock price for Sunshine Oilsands Ltd. (SUNYF:US), plus the latest news, recent trades, charting, insider activity, and analyst ratings.
As the Issuance may or may not proceed, Shareholders and potential investors are reminded to exercise caution when dealing in the Shares. Distributed by Public, unedited and unaltered, on 09 September 2019 10:11:06 UTC, End-of-day quote Hong Kong Stock Exchange - 10/23, An aggregate of 10,000,000 Options in respect of 10,000,000 Shares, HK$0.073 (approximately equivalent to CDN$0.012), Chief Financial Officer & Executive Director. The Corporation is focused on the development of its significant holdings of oil sands leases in the Athabasca oil sands region.
Corporation at the annual general meeting held on June 24, 2019 (Hong Kong time) and June 23, 2019 (Calgary time) of, the Corporation authorizing the Directors to allot and issue up, to 20% of the issued and outstanding shares of the, Corporation as at the date of the annual general meeting, the Hong Kong Special Administrative Region of the People's, independent third party who is not a connected person (as, defined in the Listing Rules) of the Corporation and is, independent of and not connected with the connected persons, the allotment and issue of the Relevant Shares to the Trade, Creditor in accordance with the terms and conditions of the, the Rules Governing the Listing of Securities on the Stock, CDN$ 402,875.52 (approximately HK$ 2,376,864.73), being, the amount of the Partial Trade Payable outstanding as at the, date of the Settlement Agreement due from the Corporation to, 37,728,000 new Shares, which represents the amount of, Partial Trade Payable divided by the Issue Price to be allotted, and issued by the Corporation to the Trade Creditor on, the Class A common voting shares of the Corporation that is, Canadian dollars, the lawful currency of Canada, Hong Kong dollars, the lawful currency of Hong Kong. The Relevant Shares will be issued under the General Mandate and will rank pari passu in all respects among themselves and with the existing Shares in issue on the Completion Date.
The Relevant Shares, which shall rank pari passu in all respect with the existing Shares, will be allotted and issued under the General Mandate. The grant of Options to the Grantees has been approved by the Board of directors of the Corporation, including all of the independent non-executive directors of the Corporation in accordance with Rule 17.04(1) of the Listing Rules and the rules of the Share Option Scheme. On May 6, he advised the board of his wishes to pursue other opportunities.
Such forward-looking information is subject to various risks, uncertainties and other factors.
As at the date of the Settlement Agreement, the Corporation has a Trade Payable balance of CDN$ 415,375.52 with the Trade Creditor, this Trade Payable will be settled by cash and the remaining balance of CDN$ 402,875.52 (approximately HK$2,376,846.73), being the Partial Trade Payable , will be fully settled by the Issuance. Privacy Policy Athabasca Oil Corporation has announced the appointment of Tom Ebbern as an independent board director. No shareholders' approval is required for the allotment and issue of the Relevant Shares. Sunshine Oilsands Ltd. is an exploration company, which engages in the exploration and development of oil properties. Sunshine’s West Ells SAGD project, which achieved commercial production on March 1, 2017, is being ramped up to capacity of 5,000 bbls/d. Meanwhile, four nominees proposed by private investment firm Cation Capital Inc., a Crescent Point shareholder, were not elected.
Oilsands & Heavy Oil. During the May 4 annual general meeting of Crescent Point Energy Corp., shareholders elected the 10 director nominees proposed by management.
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