Osum Oil Sands closes $500M private placement; new investors include government of Singapore
Green Car Congress
DECEMBER 24, 2011
Canada-based Osum Oil Sands Corp. has entered into definitive agreements with a group of investors to issue, on a private placement basis, $500 million in equity securities. McCarthy Tetrault LLP acted as Canadian legal counsel while Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as United States legal counsel to Osum.
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