CALGARY, Oct. 28, 2013 /CNW/ - US Oil Sands Inc. ("US Oil Sands" or the "Company") (TSXV: USO) confirms receipt of remaining subscription proceeds from the previously announced $81 million private placement financing (the "Financing") with strategic investors Blue Pacific Investments Group Ltd. (through Oil Associates, S.A.), Anchorage Capital Group, L.L.C. (through ACMO S.à.r.l.) and Spitfire Ventures, LLC and certain accredited investors. Pursuant to the second closing of the Financing, the Company issued an additional 7,068,000 common shares ("Common Shares") to certain accredited investors at a price of $0.15 p...
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