US Oil Sands Inc. Announces Earnings Results for the Fourth Quarter and Year Ended December 31, 2015
For the fourth quarter of 2015, the company had a net loss of CAD 1,153,096 compared to CAD 236,456 for the same period in 2014. The increased loss is attributable to the higher staff count in 2015, associated with the construction of and anticipation of operating the Project.