Sunshine Oilsands Announces Overseas Regulatory Announcement

CALGARY, Alberta and HONG KONG, June 26, 2014 /CNW/ - Management's Discussion and Analysis for the year ended December 31, 2013 of Sunshine Oilsands Ltd. (HKEX: 2012, TSX: SUO) has been amended to include additional disclosure required by applicable Canadian regulatory requirements with respect to its disclosure controls and procedures ("DC&P"). The original disclosure did not provide the Officers' conclusion on the effectiveness of DC&P.

The additional disclosure does not impact the audited consolidated financial statements of the Company for the year ended December 31, 2013.

Please see related documents on SEDAR (www.sedar.com).

SOURCE Sunshine Oilsands Ltd.

For further information:

Mr. David Sealock, Interim President & CEO, +1-403-984-1446, investorrelations@sunshineoilsands.com