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Sunshine heads to HK for $1bn as Chinese oil sands investment grows

Frik Els | June 08, 2011 | 6:38 pm Energy 

Canadian oilsands firm Sunshine Oilsands Ltd aims to raise $1bn in an initial public offering in Hong Kong, Ming Pao daily reported on Tuesday, citing market sources. The company, which owns 1.14 million acres of oil sands reserves in Athabasca...