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Sunshine Oilsands Resolves Financial Dispute, Withdraws Winding-Up Petition

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Sunshine Oilsands Resolves Financial Dispute, Withdraws Winding-Up Petition

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Sunshine Oilsands ( (HK:2012) ) has provided an announcement.

Sunshine Oilsands Ltd. has announced the withdrawal of a winding-up petition after fully settling outstanding sums with Keystone Finance Limited. This resolution, ordered by the High Court, marks a significant step in stabilizing the company’s financial standing and may positively impact its operations and stakeholder confidence.

The most recent analyst rating on (HK:2012) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Sunshine Oilsands stock, see the HK:2012 Stock Forecast page.

More about Sunshine Oilsands

Sunshine Oilsands Ltd. is a corporation incorporated under the Business Corporations Act of the Province of Alberta, Canada. It operates in the oil sands industry, focusing on the exploration and development of oil sands resources.

Average Trading Volume: 3,049,422

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$217.1M

See more data about 2012 stock on TipRanks’ Stock Analysis page.

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