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An announcement from Sunshine Oilsands ( (HK:2012) ) is now available.
Sunshine Oilsands Ltd. has confirmed a new long-term forbearance agreement with its noteholders, termed as the Forbearance Reinstatement and Amending Agreement (FRAA2025). This agreement will extend from September 1, 2025, to August 31, 2027, allowing the company more time to manage its financial obligations by refinancing or repaying the notes, while reducing financing costs due to the absence of forbearance fees and yield maintenance premiums.
More about Sunshine Oilsands
Sunshine Oilsands Ltd. is a corporation incorporated under the Business Corporations Act of the Province of Alberta, Canada. It is listed on the Hong Kong Stock Exchange and operates in the oil sands industry, focusing on the development and production of unconventional oil resources.
YTD Price Performance: 0%
Average Trading Volume: 968
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $16.59M
Learn more about 2012 stock on TipRanks’ Stock Analysis page.
