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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.