Sunshine Oilsands Q1 FY26 net loss widens to CAD 20.53 million

• Sunshine Oilsands posted a net loss attributable to owners of CAD 20.39 million for three months ended March 31, 2026, widening from CAD 9.72 million a year earlier.
• Finance costs climbed to CAD 13.52 million from CAD 3.11 million, primarily on higher interest expense on senior notes.
• Operating costs fell 34.93% to CAD 1.22 million, while general and administrative expense edged down 4.42% to CAD 5.07 million.
• Production remained halted at West Ells with average bitumen output and sales at no volumes, leaving petroleum sales at no revenue.
• Working capital deficiency widened to CAD 118.1 million at March 31, 2026 from CAD 99.26 million at Dec. 31, 2025; cash totaled CAD 0.99 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunshine Oilsands Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260514-12159099), on May 14, 2026, and is solely responsible for the information contained therein.