Osum Announces Board Resignation

Calgary, Alberta (February 18, 2021) – Osum Oil Sands Corp. (“Osum” or “the Company”) announces that Mr. Francesco Mele, Chief Operating Officer at Azimuth Capital Management, resigned from the Company’s Board of Directors on February 16, 2021. Osum would like to thank Mr. Mele for his contributions to the Company during his tenure.

About Osum

Established in Alberta in 2005, Osum Oil Sands Corp. is a private oil sands producer focused on the responsible application of in situ recovery technologies within Canada’s oil sands and carbonates. Additional information on the Company is available at osumcorp.com.

Recent News

  1. Waterous Energy Fund announces the final step of its acquisition of Osum Oil Sands Corp; shareholder meeting to be held April 30, 2021 to approve the transaction

  2. Waterous Energy Fund Announces Successful Take-Over Bid for Osum Oil Sands Corp., Commencement of Mandatory 10-Day Tender Extension Period, and Voluntary Resignation of Osum Directors and Officers

  3. Osum Board Withdraws its Recommendation that Shareholders Reject the Offer from Waterous Energy Fund

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