Select Sands Appoints Zig Vitols as Chief Operations Officer
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 21, 2015) - Select Sands Corp. (TSX VENTURE:SNS)(OTC PINK:CLICF) (the "Company") is pleased to announce the appointment of Zig Vitols as Chief Operations Officer (C.O.O.) of the Company.
Mr. Vitols, a resident in Houston, Texas, has served as the President, Mid-South Division, of Martin Marietta Material, Inc. Martin Marietta, a U.S.-based company included in the S&P 500 Index, is a leading supplier of aggregates and heavy building materials, with operations spanning 32 states, Canada, and the Caribbean. Mr. Vitols worked as the Northeast Regional Manager for W. R. GRACE & Co, a publicly traded company which produces specialty chemicals and materials and operates in over 40 countries. Mr. Vitols has a Masters of International Business (MBA) from Heriot Watt University, Edinburgh, Scotland.
As C.O.O., Mr. Vitols will be responsible for planning the Company's rail and transportation distribution network, managing its logistics and distribution functions, optimizing operational costs, providing a major role in business development including the negotiations of contracts, and generally assisting the Company to obtain and increase market share and help advance the Company's industrial sand project in Arkansas. Mr. Vitols will remain a member of the Select Sands' Board of Directors.
About Select Sands Corp.
Select Sands Sandtown property, located in Northeast Arkansas, USA, is underlain by the Ordovician St. Peter sandstone formation, the source of 'Ottawa White' Tier-1 frac sand/industrial sand selling into major US oil and gas basins as well as industrial and speciality end markets. The Sandtown property is located 3.1 miles from Highway 167, near a natural gas pipeline, has an active power line on the property, and is about 14.7 miles away from the nearest rail system (See December 4, 2014 News Release). Sandtown has a competitive location advantage of 650 rail miles closer to Texas/Louisiana oil/gas plays and Houston port and industrial hub over Wisconsin sand mines.
As per Tetra Tech of Golden Colorado and Vancouver, BC, Canada recently completed report, 40% of the Sandtown property contains 22 million tons of Indicated resources of silica sand with a pre-tax NPV valued at US $160 million (See June 10,2015 News Release).
The Company also owns high-grade gold deposits in the La Ronge Gold Belt, northern Saskatchewan.
Cameron Bartsch, M.Sc., P.Geo., of Tetra Tech, a Qualified Person as defined by National Instrument 43-101, has reviewed the scientific and technical information disclosed in this News Release.
Neither 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.
FORWARD-LOOKING INFORMATION
This News Release includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Information and statements which are not purely historical fact are forward-looking statements. Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein. Although the Company believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward looking information and statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.
Contact
Select Sands Corp.
Rasool Mohammad, B.Sc. (Mining)
President & CEO
604-639-4533
www.selectsandscorp.com