US Oil Sands today announced that, in connection with the previously announced $9,000,000 private placement financing, the Company and Dundee Securities Ltd., on behalf of a syndicate including FirstEnergy Capital have determined to increase the maximum size of the financing. Including the Agents' 15% over-allotment option, the Company plans to issue up to 61,224,735 units (the "Units") at a price of $0.18 per Unit
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