Alberta Oilsands Inc share offer closes next week

Alberta OIlsands has been issued a final receipt for its short form prospectus dated June 30, 2011 filed in connection with the public offering of 15,431,200 common shares in the capital of the company at a price of $0.315 per common share for gross proceeds of approximately $4.86m. The Offering is expected to close during the week of July 4, 2011.