BM was the owner of 10M shares of the former Marquee EnergyNEWS RELEASE FOR CANADIAN DISCLOSURE
FOR IMMEDIATE RELEASE
Bruce Mitchell files Early Warning Report with regards to the acquisition of Common Shares of Marquee Energy Ltd (formerly Alberta Oils Sands Inc.)
December 13, 2016, Ottawa, Ontario, Bruce Mitchell (“Security Holder”) has filed an early warning report dated December 13, 2016, advising of the acquisition of 16,367,772 common shares of Marquee Energy Ltd. (formerly Alberta Oilsands Inc) representing 3.904525% of the 419,200.00 shares outstanding, to hold in total 50,091,972 shares or 11.94942% of the shares outstanding. These latter 16,367,772 shares were obtained by exchanging 9,801,062 shares of the former Marquee Energy Ltd for the new shares in Marquee Energy Ltd (formerly Alberta Oilsands Inc.)
Previously the Securityholder held 15.9052% of Marquee Energy Ltd (formerly Alberta Oilsands Inc.) when there were 212,032,057 shares outstanding compared to the now 419,200,000.
The Securityholder holds the shares of the Company for investment purposes and may from time to time acquire additional shares of the Company either on the open market or through private acquisitions or sell shares of the Company either on the open market or through private dispositions. This news release is being issues under the early warning provisions of Canadian provincial securities legislation.