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Oilsands Quest Inc.

Oilsands Quest Inc.
Bergbau
Kanada
November 2011
Umstrukturierung


  • Oilsands Quest Secures CDN$3.75 million Financing; Agrees to Sell Non-Core Eagles Nest Asset for CDN$4.4 million

    CUSIP# 678046 10 3
    NYSE Amex: BQI

    CALGARY, Feb. 3, 2012 /CNW/ - Oilsands Quest Inc.

    ('Oilsands Quest,' or 'the Company') has secured a commitment for debtor-in-possession ('DIP') financing of CDN$3.75 million (the 'DIP Facility'), for the purposes of funding operating costs and other expenses while the Company proceeds with its previously-announced solicitation process while under creditor protection.

    The

    [...]
    weiterlesen
    03.02.2012
    von CNW
  • Oilsands Quest to Conduct Solicitation Process

    CUSIP# 678046 10 3
    NYSE Amex: BQI

    CALGARY, Jan. 12, 2012 /CNW/ - Oilsands Quest Inc.

    ('Oilsands Quest,' 'OQI' or 'the Company') has requested and obtained approval from the Alberta Court of Queen's Bench (the 'Court') to conduct a process to solicit offers to acquire, restructure or recapitalize the Company (the 'Solicitation Process'). The Company is also pursuing Debtor-in-Possession financing to provide [...]
    weiterlesen
    12.01.2012
    von CNW
  • Oilsands Quest Inc. Granted Extension of NYSE Amex Listing; Trading Halt Continues

    CALGARY, Jan. 10, 2012 /CNW/ - Oilsands Quest Inc.

    ('Oilsands Quest,' 'OQI' or 'the Company') has been granted an extension until February 17, 2012 to regain compliance with the listing standards of the NYSE Amex. Trading in the common shares of Oilsands Quest remains halted in the interim.

    On September 12, 2011 Oilsands Quest received notice from the Staff of the NYSE Amex LLC (the 'Exchange') that, based on

    [...]
    weiterlesen
    10.01.2012
    von CNW
  • Oilsands Quest Extends Creditor Protection; Reduces Size of Board of Directors

    CUSIP# 678046 10 3
    NYSE Amex: BQI

    CALGARY, Dec. 21, 2011 /CNW/ - Oilsands Quest Inc.

    ('Oilsands Quest,' 'OQI' or 'the Company') has requested and obtained an extension of the Order from the Alberta Court of Queen's Bench (the 'Court') providing creditor protection under the Companies' Creditors Arrangement Act (Canada) ('CCAA') until February 17, 2012, unless further extended as required and approved by the [...]
    weiterlesen
    21.12.2011
    von CNW
  • Oilsands Quest files form 10-Q quarterly report with status update

    CUSIP# 678046 10 3
    NYSE Amex: BQI

    CALGARY, Dec. 9, 2011 /CNW/ - Oilsands Quest Inc.

    ('Oilsands Quest,' 'OQI' or 'the Company') has filed its Form 10-Q Quarterly Report for the quarter ended October 31, 2011 with the United States Securities and Exchange Commission. The full document is available online at www.sec.gov and www.sedar.com; the Management's Discussion and Analysis (MD&A) is presented below [...]
    weiterlesen
    09.12.2011
    von CNW
  • Oilsands Quest Enters Into Creditor Protection Following End of Negotiations on Wallace Creek Sale: Trading in BQI Suspended

    NYSE Amex: BQI

    CALGARY, Nov. 29, 2011 /CNW/ - Oilsands Quest Inc.

    ('Oilsands Quest,' 'OQI' or 'the Company') has requested and obtained an Order from the Alberta Court of Queen's Bench (the 'Court') providing creditor protection under the Companies' Creditors Arrangement Act (Canada) ('CCAA'). While under CCAA protection, the Company will continue with its day to day operations.

    On November 28, 2011, the

    [...]
    weiterlesen
    29.11.2011
    von CNW
  • Extension Requested in Oilsands Quest's proposed Wallace Creek sale

    NYSE Amex: BQI

    CALGARY, Nov. 22, 2011 /CNW/ - Oilsands Quest Inc.

    ('Oilsands Quest,' 'OQI' or 'the Company') announces that the potential purchaser of the Wallace Creek assets has requested an extension of the planned timeline to complete its due diligence and financing arrangements. Oilsands Quest may therefore extend the termination date for finalizing the definitive Purchase and Sale Agreement to January [...]
    weiterlesen
    22.11.2011
    von CNW
  • Oilsands Quest Receives Preliminary Approval for Settlement of Derivative Lawsuit

    CUSIP# 678046 10 3

    NYSE Amex: BQI

    CALGARY, Nov. 10, 2011 /CNW/ - Oilsands Quest Inc.

    ('Oilsands Quest' or 'the Company') has received approval from the United States District Court for the District of Colorado to issue the Summary Notice set forth below relating to the derivative lawsuit captioned Make a Difference Foundations, Inc. v. Hopkins, et al., # 10-cv-00498 WYD-MJW (D. Colo.) ('Lawsuit').

    In the

    [...]
    weiterlesen
    11.11.2011
    von CNW
  • Oilsands Quest proceeding to finalize Wallace Creek asset sale

    CUSIP# 678046 10 3
    NYSE Amex: BQI

    CALGARY, Nov. 4, 2011 /CNW/ - Oilsands Quest Inc.

    ('Oilsands Quest,' 'OQI' or 'the Company') continues to work with a third party to finalize the definitive Purchase and Sale Agreement ('PSA') for its Wallace Creek assets, according to the terms of the Letter of Intent announced on September 27, 2011.

    While it has taken longer than originally expected to finalize the

    [...]
    weiterlesen
    04.11.2011
    von CNW
  • Oilsands Quest secures up to $12 million in equity financing

    CUSIP# 678046 10 3
    NYSE Amex: BQI

    CALGARY, Oct. 17, 2011 /CNW/ - Oilsands Quest Inc.

    ('Oilsands Quest,' 'OQI' or 'the Company') has entered into a $12 million securities purchase agreement with Socius CG II, Ltd., a subsidiary of Socius Capital Group ('Socius'). This financing ensures the Company's near-term liquidity while it pursues the planned sale of the Wallace Creek asset, prepares to advance the Axe [...]
    weiterlesen
    17.10.2011
    von CNW
  • Oilsands Quest to sell Wallace Creek assets

    CUSIP# 678046 10 3
    NYSE Amex: BQI

    CALGARY, Sept. 27, 2011 /CNW/ - Oilsands Quest Inc.

    ('Oilsands Quest,' 'OQI' or 'the Company') has entered into a non-binding Letter of Intent with a third party to sell its Wallace Creek assets for total consideration of $60 million, which includes $40 million cash at closing and a $20 million contingent payment that is subject to certain future events. The sale of the [...]
    weiterlesen
    27.09.2011
    von CNW
  • Oilsands Quest files form 10-Q quarterly report; Receives non-compliance notification from NYSE; Negotiates letter of intent for possible Wallace Creek sale

    CALGARY, Sept. 14, 2011 /CNW/ --
    CUSIP# 678046 10 3

    NYSE Amex: BQI


    CALGARY, Sept. 14, 2011 /CNW/ - Oilsands Quest Inc. (NYSE Amex:BQI)
    ('Oilsands Quest', 'OQI' or 'the Company') has filed its Form 10-Q
    Quarterly Report for the quarter ended July 31, 2011 with the United
    States Securities and Exchange Commission. The full document is
    available online at www.sec.gov and www.sedar.com; the Management's

    [...]
    weiterlesen
    15.09.2011
    von CNW

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