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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CusterInvestor who wrote (103680)	6/25/2008 11:46:42 AM
From: Kayaker	of 206179

Does Canadian Oil Sands Trust plan to list on a U.S. exchange? Canadian Oil Sands does not have a listing on a U.S. exchange and has no plans to acquire one at this time. In order for Canadian Oil Sands Trust to maintain its status as a mutual fund trust for the purposes of the Income Tax Act in Canada, the Trust must be considered to be primarily for the benefit of Canadian residents or hold 90% of its assets in certain non-taxable Canadian property. The Trust indenture under which the Trust was created currently provides that no more than 49% of the units of Canadian Oil Sands Trust can be held by non-Canadian residents. cos-trust.com

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