Oilsands Canada Corp

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Name - Oilsands Canada Corporation

Address: Box 192, 5800 - First Cdn Pl  Toronto  ON  M5X 1A6

Phone: 416 362 0714  Fax: 416 362 7925
Website - http://www.middlefield.com/

Warrant Symbol - OCF.WT
Number  Trading - 2,500,000
Expiration Date - July 31, 2010
Cusip -  678044 11 6
Warrants called to trade news:

 

OilSands shares, warrants to trade separately on TSX

 

2007-08-30 19:20 MT

TSX bulletin 2007-1241

Further to Toronto Stock Exchange bulletin 2007-1100, dated July 31, 2007, which describes an initial public offering of units by OilSands Canada Corp., the equity shares and transferable equity share purchase warrants comprising the units will trade separately commencing at the open on Tuesday, Sept. 4, 2007, at which time the units will be delisted. Under the trading information set out below:

1. 7.7 million equity shares will be listed, of which five million equity shares will be issued and outstanding; and 2.7 million equity shares will be reserved for issuance;

2. 2.5 million warrants will be listed, all of which will be issued and outstanding

Equity shares

Symbol:  OCF

Cusip No.:  678044 10 8

Trading currency:  Canadian dollars

 

Warrants

Warrant symbol:  OCF.WT

Cusip No.:  678044 11 6

Trading currency:  Canadian dollars

Designated market-maker:  Orion Securities Inc.

 

 

2007-08-30 07:47 MT - News Release

 

Ms. Nancy Tham reports

 

EQUITY SHARES AND WARRANTS OF OILSANDS CANADA CORPORATION COMMENCE TRADING INDEPENDENTLY

Effective Sept. 4, 2007, the equity shares and equity share purchase warrants comprising the units of OilSands Canada Corp. will separate and commence trading independently on the Toronto Stock Exchange under the symbols OCF and OCF.WT, respectively. Each unit will divide into one equity share and one-half of one equity share purchase warrant. Each whole equity share purchase warrant entitles the holder to purchase one equity share of the fund at a subscription price of $10.25 at any time during the three-year period ending July 31, 2010.

Based upon the analysis provided by the special adviser to the fund, Groppe, Long & Littell, it is Middlefield's view that favourable fundamentals continue to underpin long-term oil and gas prices, providing attractive opportunities for investment in the Canadian oil sands sector. Additionally, the adviser's prudent approach to investing the fund's assets since the completion of its initial public offering has enabled the fund to capitalize on the recent volatility experienced in the equity markets. As at Aug. 29, 2007, approximately 60 per cent of the fund's assets were held in cash and cash equivalents.

 

 

OilSands closes $50-million IPO

 

 

2007-08-02 08:34 MT - News Release

Ms. Nancy Tham reports

OILSANDS CANADA CORPORATION - IPO CLOSES AT $50 MILLION

OilSands Canada Corp. has completed its initial public offering of five million units at a price of $10 per unit for gross proceeds of $50-million. Each unit consists of one equity share and one-half equity share purchase warrant. Each whole warrant is exercisable at a price of $10.25 and expires on July 31, 2010.

Middlefield Capital Corp. will act as the adviser responsible for managing the OilSands investments, including asset mix and security selection. With approximately $4.0-billion in assets under management, Middlefield has specialized in the oil and gas, and mining sectors for many years.

Groppe, Long & Littell, an oil and gas consulting firm based in Houston, Tex., will be the special adviser to Middlefield, providing it with an analysis of the global economic and political forces impacting the prices of oil and natural gas. Henry Groppe, the founder of the special adviser, will be the individual primarily involved in providing services to OilSands. Mr. Groppe has over 50 years of experience in the oil, natural gas and petrochemical industries.

OilSands has been created to provide long-term capital appreciation by investing in an actively managed, diversified portfolio consisted primarily of publicly listed, energy-related equity securities of issuers that operate in or have exposure to the Canadian oil sands sector. Additionally, up to 20 per cent of the portfolio may be invested in securities of private issuers, which, in the view of the adviser, are acquisition targets or are likely to become publicly listed in the near term to the midterm, thereby offering the potential for capital appreciation.

Based upon the analysis provided by the special adviser, it is the view of the adviser that the Canadian oil sands sector will continue to offer attractive opportunities for investment and considerable growth prospects for oil sands participants. Important attributes of the Canadian oil sands sector include the quality and size of the oil sands resource base, Canada's politically stable investment environment, and Canada's strategic proximity to the United States, the world's largest energy consumer.

The syndicate of agents was co-led by CIBC World Markets Inc. and RBC Capital Markets, and included BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Canaccord Capital Corp., Raymond James Ltd., Dundee Securities Corp., HSBC Securities (Canada) Inc., Blackmont Capital Inc., Wellington West Capital Inc., Berkshire Securities Inc., Desjardins Securities Inc., Middlefield Capital Corp., Research Capital Corp. and Richardson Partners Financial Ltd.