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Tag "the-concerned-shareholders-of-alberta-oilsands-inc"

$50 mil Farm-in Deal for Algar Lake and Immediate Non-Dilutive Financing Announced by Concerned Shareholders of Alberta Oilsands Inc. 0

TORONTO, ONTARIO — (Marketwire) — 06/24/12 — The Concerned Shareholders ("New Board") of AOS are pleased to announce that an agreement in principle ("Farm-in Agreement") has been reached with a large, private US based E & P company ("Company") whereby the Company would be prepared to farm into AOS-s 51 exploration permits at Algar Lake, after the election of the New Board.The Company would have the option to earn up to 80% of AOS-s working interests in the

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