Andrew Williams
Long/short equity, special situations, opportunistic

The Long Case For Alberta Oilsands Inc.

Elevator Pitch

Alberta Oil Sands (TSE:$AOS) has filed an application with the Province of Alberta for $56 mm reimbursement following the cancellation of oil sand leases. The company's market cap is currently $30.7 mm.

Thesis & Catalyst For Alberta Oilsands Inc. (AOSDF)

AOS $.145

Shares 211,482,057

Mkt Cap $30.7 mm

Roughly $1.5 mm in cash as of 9/30

No Debt

Options (potentially in the money)

650,735 @ $.16 strike

9,050,000 @ $.10 strike

AOS is a Calgary based oil exploration company listed on the TSX Venture exchange. AOS also trades in the grey market with ticker $AOSDF. AOS' head office has 2 employees (Binh Vu, Interim President, CEO & Corp. Secretary and Michael Galloro, Interim CFO). A proxy battle in...

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