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. In anticipation of regulatory approval, the Company continues to advance its detailed and long-lead engineering with completion expected in 2012. The placement will consist of 21.2 million common shares at $12.50
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