Waterous Energy Fund Announces the Completion of the Final Step of its Acquisition of Osum Oil Sands Corp.
WEF") and Osum Oil Sands Corp. (" Osum") are pleased to announce that a special meeting of shareholders (the " Meeting") of Osum was held earlier today to approve the amalgamation (the " Amalgamation") of Osum and WEF Osum Acquisition Corp. (" WOAC"), an entity wholly-owned by WEF. Osum shareholders overwhelmingly voted to approve the Amalgamation, with 97.7% of votes cast by Osum shareholders represented at the Meeting (holding 89.8% of all issued and outstanding Osum Shares) voting in favour of the Amalgamation. The Amalgamation received "minority approval" in accordance with Multilateral...