Waterous Energy Fund Seeks Full Takeover Of Osum Oil Sands

Waterous Energy Fund (WEF) intends to launch a formal takeover bid through a subsidiary of WEF to the shareholders of Osum Oil Sands Corp. to acquire up to a maximum of 52.5 million of Osum's outstanding common shares, representing 40 per cent of the outstanding common shares of Osum.

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