US Oil Sands Inc. , an innovator of oil extraction technologies, today announces that it has commenced a sale solicitation process for the sale of the Company or its assets. On September 14, 2017, US Oil Sands announced that the Court of Queen's Bench of Alberta granted the application of the Company's lender, ACMO S.à R.L., to appoint FTI [...]
CALGARY, ALBERTA--(Marketwired - Sep 14, 2017) - US Oil Sands Inc. ("US Oil Sands" or the "Company") (TSX VENTURE:USO), an innovator of oil extraction technologies, announces that the Court of Queen's Bench of Alberta has granted the application of the Company's lender, ACMO S.à R.L., to appoint FTI Consulting Canada Inc. (the "Receiver") as [...]
CALGARY, ALBERTA--(Marketwired - Sep 13, 2017) - US Oil Sands Inc. (TSX VENTURE:USO) ("US Oil Sands" or the "Company"), an innovator of oil extraction technologies, announces that Harry Quarls has resigned as Chairman and a director of the Company. US Oil Sands is thankful for the contributions that Mr. Quarls has made to the Company. ABOUT US OIL [...]
CALGARY, ALBERTA--(Marketwired - Sep 1, 2017) - US Oil Sands Inc. ("US Oil Sands" or the "Company") (TSX VENTURE:USO), an innovator of oil extraction technologies, announces that Ed Chwyl and Mark Brown have resigned as members of the Board of Directors. US Oil Sands is thankful for the contributions that both Messrs. Chwyl and Brown have made to [...]
CALGARY, ALBERTA--(Marketwired - Aug 17, 2017) - US Oil Sands Inc. ("US Oil Sands" or the "Company") (TSX VENTURE:USO), an innovator of oil extraction technologies, announces that it has filed its unaudited interim financial statements ("Interim Report") for the three and six-month period ended June 30, 2017 ("Q2 2017") along with the management [...]
CALGARY, ALBERTA--(Marketwired - Jun 30, 2017) - US Oil Sands Inc. ("US Oil Sands" or the "Company"), an innovator of oil extraction technologies, announces it has closed the first US$2.5 million tranche of its previously announced US$5 million senior secured convertible loan facility with ACMO S.à R.L. ("ACMO"), the Company's largest [...]
CALGARY, ALBERTA--(Marketwired - Jun 28, 2017) - US Oil Sands Inc. ("US Oil Sands" or the "Company") (TSX VENTURE:USO), an innovator of oil extraction technologies, announces it approved entering into of an amendment to the loan agreement with ACMO S.à R.L. ("ACMO"), the Company's largest shareholder, to provide the previously announced US$5 [...]
CALGARY, ALBERTA--(Marketwired - Jun 13, 2017) - US Oil Sands Inc. ("US Oil Sands" or the "Company") (TSX VENTURE:USO), an innovator of oil extraction technologies, announces that it has entered into a non-binding letter of intent with ACMO S.à R.L. ("ACMO"), the Company's largest shareholder, for a US$5 million senior secured convertible [...]
CALGARY, ALBERTA--(Marketwired - May 23, 2017) - US Oil Sands Inc. ("US Oil Sands" or the "Company") (TSX VENTURE:USO), an innovator of oil extraction technologies, announces that it has filed its unaudited interim financial statements ("Interim Report") for the three-month period ended March 31, 2017 ("Q1 2017") along with the management [...]
CALGARY, ALBERTA--(Marketwired - April 13, 2017) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. US Oil Sands Inc. ("US Oil Sands" or the "Company") (TSX VENTURE:USO), an innovator of oil extraction technologies, announces [...]
CALGARY, ALBERTA--(Marketwired - Feb. 17, 2017) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. US Oil Sands Inc. ("US Oil Sands" or the "Company") (TSX VENTURE:USO), an innovator of oil extraction technologies, announces [...]
CALGARY, ALBERTA--(Marketwired - Jan 12, 2017) - US Oil Sands Inc. ("US Oil Sands" or the "Company") (TSX VENTURE:USO), an innovator of oil extraction technologies, announced today that it has closed the Company's previously announced US$7.5 million financing (the "Financing") with ACMO S.à R.L. ("ACMO"), the Company's largest shareholder [...]
