Canadian Premium Sand Inc. is pleased to announce shareholder approval of a new Restricted Share Unit Plan . At the Company's annual and special meeting of shareholders held on March 30, 2021 , the Company's disinterested shareholders approved the resolution to adopt the new RSU Plan. Under the new RSU Plan, restricted share units may be granted to [...]
Canadian Premium Sand Inc. is pleased to announce a shift in the direction of the Company's business strategy to focus on developing its Wanipigow silica sand deposit into a sustainable float glass manufacturing and coating facility. This facility would be designed to utilize the best available technology with a focus on sustainability initiatives [...]
Canadian Premium Sand Inc. is pleased to announce that an updated Preliminary Feasibility Study and Mineral Resource Report effective March 19, 2020 has been completed for the Company’s Wanipigow Sand Project by APEX Geoscience Ltd. and John T. Boyd Company. The Updated Technical Report incorporates the results of the previously announced [...]
Canadian Premium Sand Inc. has granted its directors and officers options to acquire an aggregate of 260,000 common shares of CPS at an exercise price of $0.35 per share until March 2, 2025. 90,000 options were granted to the Company's President and Chief Executive Officer and Director, 50,000 options were granted to the Company's Vice President [...]
This press release is being issued pursuant to section 5.2 of National Instrument 62-104 -Take-Over Bids and Issuer Bids. Paramount Resources Ltd. has acquired $900,000 in principal amount of 12.0% secured convertible debentures of Canadian Premium Sand Inc. . The acquisition was made as part of a private placement of an aggregate of $1,975,000 in [...]
Canadian Premium Sand Inc. is pleased to announce that it has completed its previously announced non-brokered private placement of secured convertible debentures . Pursuant to the Offering, the Company accepted subscriptions for Debentures totaling approximately $2 million. The net proceeds of the Offering will be used for the continued development [...]
Canadian Premium Sand Inc. has amended the pricing and extended the closing for its previously announced non-brokered private placement of secured convertible debentures . The price at which the Convertible Debentures are convertible into common shares has been reduced from $1.25 to $0.75 per Common Share and the volume weighted average trading [...]
Canadian Premium Sand Inc. is pleased to announce that it has concluded a comprehensive capital optimization review relating to the Company’s Wanipigow Sand Project . CPS estimates a revised capital cost of CAD $120 million for facilities required to extract, produce and market silica sand at a production rate of 1.25 million metric tonnes [...]
Canadian Premium Sand Inc. is pleased to announce that it has entered into a non-binding letter of interest with Hi-Crush Inc. , a leading provider of proppant and logistics services. The Company also wishes to provide an update on its previously announced comprehensive capital optimization review relating to the Company’s Wanipigow Sand [...]
Canadian Premium Sand Inc. is pleased to announce that it intends to conduct a non-brokered private placement of secured convertible debentures for total gross proceeds of up to $10 million at a price of $1,000 and integral multiples thereof per Convertible Debenture. The net proceeds of the Offering will be used for the continued development of [...]
Canadian Premium Sand Inc. is pleased to announce its first shipment of Northern White silica sand to a customer's terminal in Western Canada. This shipment was sourced from an operating mine in Wisconsin located directly on the CN Rail network and results from the Company's efforts to establish sales channels into Western Canada. CPS customers now [...]
Canadian Premium Sand Inc. is pleased to provide a corporate update on its previously announced comprehensive capital optimization review, the conductivity and permeability test results for its 40/70 mesh-size product and its ongoing efforts to secure offtake and transload location agreements. Capital Optimization Review Update: The Company is [...]
