The board of directors of Sunshine Oilsands Ltd. is pleased to announce that it has unanimously approved and appointed Mr. Kwok Ping Sun as a non-executive director of the Corporation with effect from May 27, 2015. There are no disagreements among the members of the Board and there are no special matters relating to this appointment that need to be brought to the attention of the shareholders of the Corporation.

Mr. Sun, aged 51, is the founder of Nobao Renewable Energy Holdings Limited and has served as the chairman of the board, director and chief executive officer of Nobao since its inception in 2007. Prior to founding Nobao, Mr. Sun was the general manager of Shanghai Nobao Electric Appliance Co., Ltd from 2005 to 2007. In 2003, Mr. Sun started his own research and development with respect to ground source heat pump systems and gained over 10 years of experience in this area. From 1999 to 2002, Mr. Sun served as the general manager of Dynamic Co., Ltd of Denmark and was responsible for developing wind power projects in China in cooperation with Chinese local companies.

Tags: Sunshine Oilsands Ltd.