Canadian Premium Sand Inc. is pleased to provide an operational update of important achievements relating to the development of its Wanipigow Sand Extraction Project north of Winnipeg, Manitoba as well as announce the appointment of Mr. Glenn Leroux as President and Chief Executive Officer of the Company. OPERATIONAL UPDATE The Company has successfully completed a fall/winter 2018 drill program that included 93 new sonic [...]
Canadian Premium Sand Inc. is pleased to announce today that it has entered into an Economic Participation Agreement with Hollow Water First Nation for the Company's Wanipigow Silica Sand Extraction Project near Seymourville, Manitoba. The Participation Agreement reflects each party's commitment and support to advancing the Wanipigow Sand Project, and provides various economic and social benefits and opportunities [...]
Canadian Premium Sand Inc. is pleased to announce that its common shares will commence trading on the TSX Venture Exchange under its new name "Canadian Premium Sand Inc." at the market open on November 16, 2018 following a 15:1 consolidation of its outstanding shares. The Company's shares will continue to trade under the existing symbol "CPS". CPS was formerly named Claim Post Resources Inc. The share consolidation and [...]
Claim Post Resources Inc. has granted options to acquire an aggregate of 1,750,000 common shares of Claim Post at an exercise price of $0.145 per share until October 5, 2021. 1,500,000 options were granted to a director of the Company and 250,000 options were granted to a consultant. The options are exercisable over a 3 year period ending October 5, 2021, with one-third of the options vesting immediately, one-third [...]
Claim Post Resources Inc. is pleased to announce that field activities have commenced at its Seymourville silica sand deposit. Lowell Jackson, Claim Post’s Executive Chairman stated: "Claim Post is pleased to report that the Company is on track both operationally and corporately with its plan to develop this significant surface tier 1 sand deposit." Operational Update A 80-hole core drilling program is underway on [...]
Paramount Resources announces that it acquired today ownership and control of 41,390,909 common shares of Claim Post Resources at a price of $0.10 per share in connection with a private placement by CPRI over the facilities of the TSX Venture Exchange of 130,000,000 common shares of CPRI for gross proceeds of $13 million. Paramount owns and controls approximately 13.1% of the outstanding CPRI Shares following the [...]
Alberta, Aug. 02, 2018 -- Claim Post Resources Inc. is pleased to announce that it has completed a non-brokered private placement of 130 million common shares priced at $0.10 per share for total proceeds of $13 million. The previously announced private placement was increased in size in order to accelerate the development of the Company's silica sand deposit and as a result of significant interest from high quality and [...]
Alberta, July 17, 2018 -- Claim Post Resources Inc. is pleased to announce that it plans to conduct a non-brokered private placement of up to approximately 100 million common shares at a price of $0.10 per Common Share for gross proceeds of up to $10 million. The net proceeds of the Offering will be used to fund working capital and to expedite the development of the Company's Tier 1 sand deposit at Seymourville. Lowell [...]
CALGARY, Alberta, May 28, 2018 -- Claim Post Resources Inc. is pleased to announce that it has acquired title to and control over nine quarry leases from a number of third parties, including Char Crete Ltd., Simmons Construction Ltd. and O/S Investment Corp. for a total investment of $1.3 million. These leases are directly adjacent to Claim Post’s existing quarry leases, consolidating Claim Post’s strategic [...]
TORONTO, Feb. 12, 2018 -- Claim Post Resources Inc. is pleased to announce the appointment of Mr. Robert D. Archibald as Chief Operating Officer of the Company. Mr. Archibald has over 40 years of technical, operational and executive experience in mining, construction materials, aggregates and industrial minerals industries. Mr. Archibald has been involved in a variety of frac sand operations located in the states of [...]
TORONTO, Jan. 24, 2018 -- Claim Post Resources Inc. has granted options to acquire an aggregate of 7,800,000 common shares of Claim Post at an exercise price of $0.085 per share until January 24, 2021. 1,800,000 options were granted to the Company's Executive Chairman and Interim President and 1,500,000 options were granted to each of the other directors. The options are exercisable over a 3 year period ending January 24 [...]
Claim Post Resources is pleased to announce that it has sold its Timmins exploration properties for $350,000 in cash and up to a 2% net smelter royalty. This strategic, non-core, asset sale is the culmination of the previously announced review process to maximize the value of its legacy mining assets in order to focus on the development of its Seymourville frac sand deposit. "This strategic transaction allows Claim Post [...]