Osum Oil Sands Corp Announces $275 Million Financing

Osum Oil Sands Corp, a privately-held company focused on bitumen extraction, today announced that it has closed a private equity financing for a total of CDN$275 million at a price of CDN$10.50 per share. The financing was led by Warburg Pincus LLC and included a substantial investment by Blackstone Capital Partners V LP. Osum is currently the only junior player with a material position in the thermal... 

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