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. 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. Stikeman Elliot LLP acted as legal counsel to the KERN led shareholder group.
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