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. Preparatory work for a second commercial project in the region is also ongoing with an extensive core well and seismic program planned on both the Saleski East and West project areas for this winter.
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