Oilsands Quest to Conduct Solicitation Process

CALGARY, Jan. 12, 2012 /PRNewswire/ - Oilsands Quest Inc. (NYSE Amex: BQI) ("Oilsands Quest," "OQI" or "the Company") has requested and obtained approval from the Alberta Court of Queen's Bench (the "Court") to conduct a process to solicit offers to acquire, restructure or recapitalize...