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Sunshine Oilsands ( (HK:2012) ) has provided an update.
Sunshine Oilsands Ltd. has entered into an interest waiver agreement with its Forbearing Holder, resulting in a waiver of interest accrued during 2025, amounting to approximately USD 31.5 million. This strategic move is expected to significantly reduce the company’s liability and lower its gearing ratio, which is considered beneficial for both the corporation and its shareholders.
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 industry, focusing on the exploration and development of oil resources. The company is listed on the Hong Kong Stock Exchange under the ticker HKEX: 2012.
YTD Price Performance: 0%
Average Trading Volume: 968
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $16.59M
For a thorough assessment of 2012 stock, go to TipRanks’ Stock Analysis page.
