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First oil sands project in the US takes a step closer

Frik Els | May 03, 2012 | 10:07 pm Energy Europe 

US Oil Sands (TSX-V:USO) defied a weak market on Thursday and added almost 3% in thin trade after announcing a private placement to raise $9.1 million. By the close the explorer and developer was trading up 2.9% at $0.18, the...

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