Osum Oil Sands closes $500M private placement; new investors include government of Singapore
Green Car Congress
DECEMBER 24, 2011
Canada-based Osum Oil Sands Corp. The financing was led by a combination of new and existing shareholders. Osum filed a commercial application and Environmental Impact Assessment for the 35,000 barrel per day Taiga Project at Cold Lake in December 2009 and is targeting regulatory approval in 2012.
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