Sunshine Oilsands Ltd. (stock code: 02012) disclosed that it has issued 140,000,000 new ordinary shares under a specific mandate granted on January 13, 2026. The new shares were issued on February 2, 2026, at HKD 0.43 per share.

Following this issuance, the total number of issued shares increased from 571,354,444 to 711,354,444, reflecting a 24.5% expansion in the company’s share capital.