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EX-99.1 - EXHIBIT 99.1 - Oilsands Quest Inceh1200357_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) March 1, 2012

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 8.01. 
Other Events.
 
On March 1, 2012 Oilsands Quest Inc. (the “Company”) issued a press release announcing that NYSE Amex LLC (the “Exchange”) accepted the Company’s plan of compliance and that the Company was granted an extension until May 18, 2012 to regain compliance with the listing standards of the Exchange, the Company extended the strategic solicitation timeline and reopened the Eagles Nest sales process.  A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.  The press release is also available on the Company’s website at www.oilsandsquest.com.

Item 9.01.
Financial Statements and Exhibits.

(d)   Exhibits.
 
Exhibit
Number
Exhibit Description    
   
99.1
Press Release dated March 1, 2012.
 
 
 
 
 
 
 
 

 
 
 

 
 
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: March 1, 2012   
Oilsands Quest Inc.
(Registrant)
 
         
         
 
By:
 /s/ Garth Wong  
    Name:    Garth Wong  
    Title: 
President and Chief Executive
Officer 
 
         


                                                                                                                                        
 
 
 
 
 
 
 

 

EXHIBIT INDEX

Exhibit
Number
Exhibit Description