Three binding commercial off-take agreements have been signed representing a minimum of 62% of planned output capacity, with optionality to increase to 77% Multiple memorandums of understanding have been signed, representing an additional 170% of planned output capacity, that are expected to convert into commercial off-take agreements such that the Project is 100% contracted Pre-construction engineering and design is [...]
Canadian Premium Sand Inc. is pleased to announce that it has engaged an international consortium of Engineering, Procurement and Construction firms to complete detailed design and pre-construction engineering related to its patterned solar glass manufacturing facility being developed in Selkirk, Manitoba. The EPC consortium consists of five complementary professional services firms: Henry F. Teichmann, Inc. - a U.S [...]
Canadian Premium Sand Inc. is pleased to announce that it has closed its previously announced brokered and concurrent non-brokered private placements . Pursuant to the Offerings, the Company issued an aggregate of 32,100,000 units of the Company at a price of $0.30 per Unit for gross proceeds to the Company of $9,630,000. Each Unit consists of one common share of the Company and one common share purchase warrant . Each [...]
Canadian Premium Sand Inc. is announcing the inaugural grant of share options to acquire common shares under its new omnibus equity incentive compensation plan . The Plan's objective is to create an incentive compensation program that is aligned with the Company's long-term objectives. The Options are granted in accordance with Policy 4.4 - Security Based Compensation of the TSX Venture Exchange and the terms and [...]
Canadian Premium Sand Inc. is pleased to announce it has engaged Green City Glass LLC to be its client technical representative for the next phase of development of its Manitoba based solar glass manufacturing facility and integrated silica sand supply quarry. After concluding an in-depth selection process, the Company has retained Green City Glass to assist the Company in its selection of the key service providers needed [...]
Canadian Premium Sand Inc. is pleased to announce it will be participating in an exclusive investor conference with UAE-based funds, on the margins of Expo Dubai on March 18, 2022. The Company will be one of several companies presenting investment-ready projects from across the transportation, infrastructure and renewable energy sectors to senior executives at key sovereign wealth funds and offices that represent over $1 [...]
Canadian Premium Sand Inc. is pleased to announce the initiation of a formal process to raise external capital to fund the development and construction of its planned solar glass manufacturing facility. This decision is supported by the Company's recently completed Front End Engineering and Design study that was prepared by an internationally recognized specialty glass manufacturing engineering firm. "We are delighted to [...]
Canadian Premium Sand Inc. is pleased to announce that it has chosen the City of Selkirk, Manitoba as the preferred location for its solar glass manufacturing facility. The decision follows an extensive evaluation of possible options in Canada and the United States. Selkirk provides logistical, operational efficiency and environmental advantages over alternatives and meets the following key selection criteria: Proximity [...]
Canadian Premium Sand Inc. is pleased to announce that it has decided to focus its future manufacturing operations on the North American patterned solar glass market. This decision is based on an in-depth analysis of various end market segments for glass manufacturing and is supported by the Company's NI 43-101 compliant Technical Report which was completed for the Company's Wanipigow Sand Deposit by APEX Geoscience Ltd [...]
Canadian Premium Sand Inc. is pleased to announce that it has appointed Cameron Deller as the Company's Chief Financial Officer and engaged Patrick Kenny as an advisor to the Company. Cameron Deller is joining the Company as Chief Financial Officer effective September 07, 2021. Mr. Deller brings over 20 years of financial leadership, investment management and capital markets experience gained across a wide variety of [...]
Canadian Premium Sand Inc. is pleased to announce that it has closed a non-brokered private placement . Pursuant to the Offering, the Company issued an aggregate of 3,572,000 common shares at a price of CAD $0.35 per Common Share for gross proceeds of CAD $1,250,200. After giving effect to the Offering, the Company will have 45,615,660 common shares issued and outstanding. "We are delighted to welcome Equinox Partners, a [...]
Canadian Premium Sand Inc. is pleased to announce that it has initiated a Front End Engineering and Design study for its proposed flat glass manufacturing facility and plans to conduct a non-brokered private placement based on receiving unsolicited interest from a U.S. institution. FEED Study The Company has engaged CM Project Ing GmbH , a global expert and independent firm, to conduct its FEED study. CMP's staff have [...]
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