Sunshine Oilsands Obtains Conditional Approval to List on the Toronto Stock Exchange

Sunshine Oilsands Obtains Conditional Approval to List on the Toronto Stock 
HONG KONG, Nov. 8, 2012 /CNW/ - Sunshine Oilsands Ltd. ("Sunshine") (Stock 
Code: 2012.HK) is pleased to announce that it has obtained conditional 
approval to list its Class "A" Common Voting Shares (the "Common Shares") on 
the Toronto Stock Exchange (the "TSX") under the symbol "SUO". The Common 
Shares are expected to commence trading on the TSX after the TSX's conditions 
for listing are satisfied and the TSX issues its final exchange bulletin and 
its approval of the listing of the Common Shares. 
Sunshine will issue an announcement once the TSX confirms satisfaction of its 
listing conditions and will then advise of the expected listing date. Sunshine 
will maintain its primary listing on The Stock Exchange of Hong Kong. 
Mr. Songning Shen, Co-Chairman of Sunshine Oilsands, said, "The Company is 
planning for a secondary listing in Toronto, which will not raise additional 
funds as it is a listing by introduction. A dual listing on Hong Kong and 
Canada has always been part of the Company's business development plans, and 
the management remains committed to its strategic development in Asia and 
"Sunshine Oilsands has focused on the development of its oil sands business in 
Canada since 2007. A secondary listing in Canada will help expand the 
Company's investor base and boost the liquidity of its shares. In addition to 
strong support from its cornerstone investors in Asia, such as Sinopec, CIC, 
Bank of China Group Investment, China Life and Orient Group, the Company has a 
strong financial position which is sufficient to meet its future development 
needs," said Mr. Shen. 
About Sunshine Oilsands Ltd. 
Sunshine Oilsands Ltd. is one of the largest non-partnered holders of oil 
sands leases by area in the Athabasca oil sands region, which is located in 
the province of Alberta, Canada. Since the Company's incorporation on 22 
February 2007, Sunshine has secured over 464,897 hectares (1,148,785 acres) of 
oil sands leases (equal to approximately 7% of all granted leases in this 
The Company's principal operations are the exploration, development and 
production of its diverse portfolio of oil sands leases. Its principal 
operating regions in the Athabasca area are at West Ells, Thickwood, Legend 
Lake, Harper, Muskwa, Goffer, Pelican and Portage. Sunshine's oil sands leases 
are grouped into three main asset categories: clastics, carbonates and 
conventional heavy oil. 
For further enquiries, please contact: 
Sunshine Oilsands Ltd. Mr. John Zahary President & CEO  or Mr. David Sealock 
Executive VP, Corporate Operations Tel: +1-403-984-1446 Email: Website: 
SOURCE: Sunshine Oilsands Ltd. 
To view this news release in HTML formatting, please use the following URL: 
CO: Sunshine Oilsands Ltd.
-0- Nov/08/2012 13:39 GMT
Press spacebar to pause and continue. Press esc to stop.