EDITOR: | May 27th, 2014

Alberta Oilsands Inc. Announces Stock Option Grant

| May 27, 2014 | No Comments

Alberta-Oilsands-IncMay 27, 2014 (Source: FSC Wire) — NOT FOR DISSEMINATION IN THE U.S.A.

Alberta Oilsands Inc. (“AOS” or ”the “Company”) (TSXV: AOS) announces that subject to regulatory filings, the Company has granted an aggregate of 3,900,000 stock options (“Options”) to directors, officers, and consultants, pursuant to the Company’s Stock Option Plan.  Each Option has an exercise price of $0.15 per common shares and expires on May 27, 2019.

About Alberta Oilsands Inc.

Alberta Oilsands Inc. is engaged in the exploration and development of drill-defined domestic assets, and an expanding portfolio of international projects.  AOS holds bitumen leases in the Athabasca oil sands region of northeast Alberta. In addition, the Company’s new Africa initiative is focused on active and known onshore and offshore basins on the East Africa Rift System and the offshore in pursuit of additional Cretaceous and Miocene aged critical mass opportunities. The Company’s head office is located in Calgary, Alberta, Canada and its common shares are traded on the TSX Venture Exchange under the trading symbol AOS.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


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