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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (13603)	7/16/2015 7:05:44 PM
From: Goose94	Read Replies (1) \| Respond to of 203329

Interesting comment on AOS-V stockhouse.com I own shares...

To: Goose94 who wrote (13603)	6/15/2016 9:39:14 AM
From: Goose94	Read Replies (2) \| Respond to of 203329

Alberta Oilsands (AOS-V) June 15, '16 continues in pursuit and evaluation of opportunities under its strategic review process, and as a result of the current trend of recovering oil prices since January 2016, the Company remains optimistic. The Board of Directors of the Company (the “Board”) initially estimated that the strategic review would be substantially completed by mid to late July 2016. The Board now expects to complete its strategic review in August 2016, prior to the mailing of shareholder meeting materials on or before September 1, 2016. The Company’s annual and special meeting of shareholders is scheduled for September 23, 2016. “The strategic review process will continue throughout the coming weeks,” said Mr. Robert Metcalfe, Chairman of the Board. Mr. Metcalfe continued saying that, “The recent confluence of the recovering oil prices combined with the increased availability of oil & gas assets unable to attract traditional institutional financing is generating some very interesting prospects for AOS to review and consider.” The evaluation of such opportunities is based on certain criteria which include, but are not limited to: the quality of proposed management and board members, the quality of the business and/or underlying assets, and the proposed go-forward business plan to further enhance shareholder value. Should no suitable opportunity be identified within the estimated timelines, the Company intends to make arrangements to distribute its net cash to shareholders. Prospective interested parties should contact Warren Holmes at Tiger Capital Advisors Inc. at 403-860-1944. While the Company continues its strategic review process, there can be no assurance that any agreement or transaction will occur, or if a transaction is undertaken, as to its terms or timing. Given the nature of the strategic review process and the need for confidentiality during this process among all parties, the Company does not intend to provide detailed updates until such time as the Board has approved a definitive course of action and/or the Company has entered into a definitive agreement, unless otherwise required by law or unless circumstances exists whereby disclosure is deemed appropriate. About Alberta Oilsands Inc. Alberta Oilsands Inc. is engaged in the exploration and development of drill-defined domestic assets, and owns a portfolio of international assets. AOS holds bitumen leases in the Athabasca oil sands region of northeast Alberta. In addition, the Company's Africa portfolio is focused on active and known onshore and offshore basins on the East Africa Rift System and offshore Africa. The Company's head office is located in Calgary, Alberta, Canada and its common shares are traded on the TSX Venture Exchange under the trading symbol AOS. ------------------------------------------------------------------------ For further information please contact: Binh Vu Interim CEO & President +1 416 951 8800 bvu@aboilsands.ca aboilsands.ca