Revitalized Business Plan for Alberta Oilsands Inc.
Shareholders Urged to Vote FOR Change by Voting the GREEN Proxy
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 06/20/12 -- The concerned shareholders ("New Board") of Alberta Oilsands Inc. ("AOS" or the "Company") see multiple routes to accelerate share-price growth for AOS shareholders.
In general terms, the concerned shareholders wish to outline several overriding next steps:
It is the concerned shareholders' belief that the current board does not have the wherewithal, relationships, or the capacity to bring about higher share prices. This has to be driven by a group of merchant /investment banking-savvy experts with the experience and ability to structure transactions in the context of a publicly traded company with a superior asset base comprising prime oilsands fairway, and cash. The incumbent group of engineers may be highly valuable as employees once the Clearwater plans are approved, but they simply lack the capital markets experience required to understand how to drive share prices higher and how to capitalize on, and optimize all relevant assets within AOS at the same time.
Indeed, at the risk of repeating itself, the New Board believes that the time for value generation is now, not next year as shareholders continue to wait for the Incumbents' one trick pony - the slow, up to now painful, and uncertain Clearwater regulatory approval. Shareholders have waited long enough, especially while there are clear ways to unlock shareholder value immediately, under confident and seasoned management with a diverse experience and skill set that includes finance and capital markets, not just engineering.
Fellow AOS shareholders are urged to read the information circular prepared by the concerned shareholders, and to seize this opportunity and vote the GREEN proxy for the concerned shareholder nominees.
Shareholders who have voted the management proxy and wish to support the concerned shareholders have the right to change their vote by simply executing a GREEN proxy. A later-dated GREEN proxy replaces a previous recorded vote.
Time is of the essence, GREEN proxies must be returned no later than June 25, 2012 at 5:00 P.M. (Calgary Time).
For assistance and ease with voting your GREEN proxy, please contact Phoenix Advisory Partners (toll-free) at 1-800-294-4817 or visit where the GREEN proxy can be easily voted by clicking on the large green "Vote Now" button and simply inputting the Control number on your GREEN proxy.
Contacts:
Phoenix Advisory Partners
Susy Monteiro
Senior Vice President
(647) 351-3085 ext. 222
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 20.06.2012 - 11:00 Uhr
Sprache: Deutsch
News-ID 158126
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Oil & Gas
Diese Pressemitteilung wurde bisher 259 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Revitalized Business Plan for Alberta Oilsands Inc."
steht unter der journalistisch-redaktionellen Verantwortung von
The Concerned Shareholders of Alberta Oilsands Inc. (Nachricht senden)
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