Waterous Energy Fund Announces the Completion of the Final Step of its Acquisition of Osum Oil Sands Corp.

Calgary, AB, April 30, 2021 /CNW/ – Waterous Energy Fund (“WEF“) and Osum Oil Sands Corp. (“Osum“) are pleased to announce that a special meeting of shareholders (the “Meeting“) of Osum was held earlier today to approve the amalgamation (the “Amalgamation“) of Osum and WEF Osum Acquisition Corp. (“WOAC“), an entity wholly-owned by WEF. Osum shareholders overwhelmingly voted to approve the Amalgamation, with 97.7% of votes cast by Osum shareholders represented at the Meeting (holding 89.8% of all issued and outstanding Osum Shares) voting in favour of the Amalgamation.  The Amalgamation received “minority approval” in accordance with Multilateral Instrument 61-101. The Amalgamation was completed following the Meeting.  The amalgamated entity is now wholly-owned by WEF and will continue on business under the name “Osum Oil Sands Corp.”.

Click here to read the full release.

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. Celebrating the International Day of Women and Girls in Science

  3. Hayley Wickenheiser shares her journey with Cold Lake and Bonnyville High School Students

Previous Articles

Arrow up