Sunshine: Sunshine Oilsands Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

Sunshine Oilsands Ltd. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported revenue was CAD 5.23 million compared to CAD 24.28 million a year ago. Net loss was CAD 10.97 million compared to net income of CAD 5.75 million a year ago. Basic loss per share from continuing operations was CAD 0.05 compared to basic earnings per share from continuing operations of CAD 0.02 a year ago. Diluted loss per share from continuing operations was CAD 0.05 compared to diluted earnings per share from continuing operations of CAD 0.02 a year ago. For the six months, revenue was CAD 4.65 million compared to CAD 32.63 million a year ago. Net loss was CAD 33.12 million compared to CAD 5.83 million a year ago. Basic loss per share from continuing operations was CAD 0.14 compared to CAD 0.02 a year ago. Diluted loss per share from continuing operations was CAD 0.14 compared to CAD 0.02 a year ago.