Alberta Oilsands is pleased to announce that it has filed with Canadian securities authorities its unaudited interim consolidated financial statements and its management's discussion and analysis as at and for the period ended June 30, 2016. Copies of the filed documents may be obtained through www.sedar.com. Alberta Oilsands holds bitumen leases [...]
Alberta Oilsands announces that further to its press release on August 23, 2016, AOS has provided notice to Smoothwater Capital that, due to the fact that the notice received from Smoothwater on August 22, 2016, under the AOS advance notice by-laws is contradictory to the business proposed in the requisition of a shareholder meeting received f...
Alberta Oilsands wishes to clarify certain allegations made by Smoothwater Capital, as well as provide an update on the annual general meeting of the Corporation originally scheduled for September 23, 2016. SMOOTHWATER ALLEGATIONS On August 21, 2016, Smoothwater issued a press release expressing their disapproval of the Corporation's acquisition of [...]
Smoothwater Capital responded to the proposed plan of arrangement announced by Alberta Oilsands and Marquee Energy. Smoothwater (together with a joint actor) is the largest shareholder of AOS holding over 16.6% of the issued and outstanding shares of AOS. Smoothwater holds no shares of Marquee. Smoothwater will not support the proposed merger by [...]
Marquee Energy and Alberta Oilsands are pleased to announce that they have entered into an arrangement agreement whereby Alberta Oilsands will acquire all of the issued and outstanding common shares of Marquee pursuant to a plan of arrangement under the Business Corporations Act (Alberta). Immediately following the completion of the Arrangement [...]
Alberta Oilsands AOS continues in pursuit and evaluation of opportunities under its strategic review process, and as a result of the current trend of recovering oil prices since January 2016, the Company remains optimistic. The Board of Directors of the Company initially estimated that the strategic review would be substantially completed by mid to [...]
Calgary, Alberta (FSCwire) - Alberta Oilsands Inc. ("AOS" or the "Company") (TSXV: AOS) is pleased to announce that it has filed with Canadian securities authorities its unaudited interim consolidated financial statements and its management's discussion and analysis as at and for the period ended March 31, 2016. Copies of the filed documents may [...]
Calgary, Alberta (FSCwire) - Alberta Oilsands Inc. ("AOS" or ”the "Company") (TSXV: AOS) is pleased to announce that it has filed with Canadian securities authorities its audited financial statements and its management's discussion and analysis as at and for the year ended December 31, 2015. Copies of the filed documents may be obtained through [...]
Alberta Oilsands AOS continues to actively evaluate opportunities in connection with its strategic review process. The evaluation of such opportunities are based on certain criteria that includes, but is not limited to: the quality of proposed management and board members, the valuation of a party’s assets, and the proposed go-forward business [...]
Calgary, Alberta (FSCwire) - Alberta Oilsands Inc. (“AOS” or the “Company”) (TSXV:AOS) today announced the appointment of Mr. Lane Dewar as the Company's interim Chief Financial Officer in replacement of Mr. Michael Galloro who is resigning effective February 4, 2016. Mr. Dewar, who works with Energy Accounting Services Inc., is a Chartered [...]
Alberta Oilsands Since May 2015, the Company has been involved in active discussions with various parties in connection with its strategic review process. AltaCorp Capital was engaged by the Company in December 2014 to provide financial advisory services in connection with this strategic review process. However, AltaCorp Capital has been [...]
Calgary, Alberta (FSCwire) - Alberta Oilsands Inc. (“AOS” or the “Company”) (TSXV:AOS) is pleased to announce that it has filed with the Canadian securities authorities its consolidated financial statements and management’s discussion and analysis for the period ended September 30, 2015. Copies of the filed documents may be obtained through [...]