Sunshine Oilsands (HK:2012) has released an update.
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Sunshine Oilsands Ltd. is actively engaged in due diligence and valuation for a potential acquisition of equity interest in a Nobao Energy Holding (China) Company Limited subsidiary. The company is negotiating transaction terms and aims to expedite the process, promising to keep stakeholders updated on the acquisition’s progression.
For further insights into HK:2012 stock, check out TipRanks’ Stock Analysis page.