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Sunshine Oilsands Taps China for Output Boost: Corporate Canada

Sunshine Oilsands Ltd., the first Canadian oil-sands operator to list shares on the Hong Kong exchange, is in “advanced” talks with joint-venture partners to boost production to a potential 1 million barrels a day.

Sunshine, whose shares slumped 47 percent to the lowest close yesterday since its Hong Kong trading debut last February, is in conversations with “more than two and less than 10” investors, Chief Executive Officer John Zahary said in an interview.