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EX-99.1 - EXHIBIT 99.1 - Oilsands Quest Inceh1100918_ex9901.htm


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 20, 2011

Oilsands Quest Inc.
(Exact name of registrant as specified in its charter)


Colorado
 
001-32994
 
98-0461154
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)

1333 - 8th Street SW
Calgary, Alberta, Canada
 
T2R 1M6
(Address of principal executive offices)
 
(Zip Code)
 
Registrant’s telephone number, including area code (403) 263-1623
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 


 
 
 

 
 
 
Item 5.02             Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
(b)                  Effective December 20, 2011, Mr. Gordon Tallman and Ms. Pamela Wallin, O.C.,  resigned from the Board of Directors.
 
Item 8.01.            Other Events.
 
On December 21, 2011, the Company issued a press release announcing that it had obtained an extension of the Order from the Alberta Court of Queen’s Bench providing creditor protection under the Companies’ Creditors Arrangement Act (Canada) until February 17, 2012. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01.            Financial Statements and Exhibits.

(d)                  Exhibits.


Exhibit
Number
Exhibit
Description
 
99.1
 
Press Release dated December 21, 2011.
 
 
 
 

 

 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date: December 21, 2011
Oilsands Quest Inc.
 
 
(Registrant)
 
     
 
/s/ Garth Wong
 
 
Name:
Garth Wong
 
 
Title:
President and Chief Executive Officer
 
 

 
 
 

 

EXHIBIT INDEX

Exhibit
Number
Exhibit
Description   
   

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