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)
Mkt Cap $30.7 mm
Roughly $1.5 mm in cash as of 9/30
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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