Oilsands Quest Receives Court Approval of CCAA Extension
May 11, 2012 – 2:07 pm
CUSIP# 678046 10 3 NYSE Amex: BQI CALGARY, May 11, 2012 /CNW/ – Oilsands Quest Inc. (NYSE Amex: BQI) (“Oilsands Quest” or “the Company”) has requested and obtained an extension of the order from the Alberta Court of Queen’s Bench (the “Court”) providing creditor protection under the Companies’ Creditors Arrangement Act (Canada) (“CCAA”), which was to expire May 18, 2012. Creditor protection under the CCAA will now expire on June 29, 2012, unless further extended as required and approved by the C…continued
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