Associated tags: CPS, Nature, Glass, SEDAR, Risk management, Transport, EBITDA, Legislation, Safety, Health
Locations: CALGARY, AB, CA, ALBERTA, MANITOBA, NORTH AMERICA, SELKIRK, ONTARIO, BRITISH COLUMBIA
Retrieved on:
Thursday, February 22, 2024
CALGARY, Alberta, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce its first quarter 2024 financial results.
Key Points:
- CALGARY, Alberta, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce its first quarter 2024 financial results.
- The Company’s interim financial statements and notes thereto and Management’s Discussion and Analysis for the three months ended December 31, 2023, are available under CPS’s SEDAR+ profile.
- The Company devoted its time and resources during the three-month period ended December 31, 2023, to advancing its patterned solar glass manufacturing facility in Selkirk, Manitoba (the “Project”).
- “We look forward to making continued progress in 2024 with our efforts to raise capital for the construction of our integrated patterned solar glass manufacturing facility.
Retrieved on:
Thursday, February 15, 2024
CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce the acknowledgement of support for its project from the Province of Manitoba.
Key Points:
- CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce the acknowledgement of support for its project from the Province of Manitoba.
- At a press conference held in Selkirk, Manitoba on February 14, 2024, the Manitoba government announced that it is moving forward with its support for the Company’s integrated solar glass manufacturing facility to be constructed in Selkirk using low iron silica sand extracted near Hollow Water First Nation.
- “We are very pleased to see this announcement from the Premier of Manitoba and the Environment and Climate Change Minister,” said Glenn Leroux, President and CEO of CPS.
- “Using Manitoba’s clean hydro electric energy, our project will produce solar glass with 50% less embedded carbon than Asia-Pacific competitors.”
Manitoba Premier Wab Kinew and the Environment and Climate Change Minister, Tracy Schmidt made the announcement in Selkirk and the associated news release can be found here:
Retrieved on:
Thursday, December 21, 2023
CALGARY, Alberta, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) announces the grant of share options (“Options”) to acquire common shares (“Common Shares”) under its omnibus equity incentive compensation plan (the “Plan”).
Key Points:
- CALGARY, Alberta, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) announces the grant of share options (“Options”) to acquire common shares (“Common Shares”) under its omnibus equity incentive compensation plan (the “Plan”).
- The Company granted 1,077,000 Options, including 285,000 granted to its independent directors and 792,000 to its executive officers and employees.
- The Options are exercisable at $0.31 per Common Share expiring December 21, 2028.
- As of the date hereof, there are 83,420,752 Common Shares issued and outstanding, and therefore, a maximum of 8,342,075 Options, RSUs, DSUs, PSUs and other share-based awards that may be issued under the Plan on a combined basis are issuable under the Plan, of which an aggregate of 5,437,000 Options have been granted.
Retrieved on:
Thursday, December 14, 2023
CALGARY, Alberta, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce its fiscal year end 2023 financial results.
Key Points:
- CALGARY, Alberta, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce its fiscal year end 2023 financial results.
- The Company’s audited financial statements and notes thereto and Management’s Discussion and Analysis for the three months and year ended September 30, 2023, are available under CPS’s SEDAR+ profile.
- The Company devoted its time and resources during the financial year ended September 30, 2023, investing $7.2 million to achieve “shovel ready” status for its patterned solar glass manufacturing facility in Selkirk, Manitoba (the “Project”).
- “We are pleased with the significant development milestones achieved by CPS in 2023.
Retrieved on:
Monday, December 11, 2023
Additionally, the Company has reached an agreement with the holders of its outstanding convertible debentures to extend the maturity date by one year from February 26, 2024 to February 26, 2025.
Key Points:
- Additionally, the Company has reached an agreement with the holders of its outstanding convertible debentures to extend the maturity date by one year from February 26, 2024 to February 26, 2025.
- All holders of the convertible debentures are insiders or key strategic investors in the Company.
- “Despite a challenging macro-economic and fundraising landscape, we continue to make progress toward a successful Project financing.
- The convertible debenture maturity extension is subject to the approval of the TSX Venture Exchange.
Retrieved on:
Wednesday, August 2, 2023
CALGARY, Alberta, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce the receipt of an Environment Act Licence for its Wanipigow sand extraction and processing facility and provide an operational update regarding its development of North America’s first vertically integrated patterned solar glass manufacturing facility (the “Project”).
Key Points:
- CALGARY, Alberta, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce the receipt of an Environment Act Licence for its Wanipigow sand extraction and processing facility and provide an operational update regarding its development of North America’s first vertically integrated patterned solar glass manufacturing facility (the “Project”).
- The Company’s Notice of Alteration application was approved by the Manitoba Environment and Climate Department on July 27, 2023.
- The new Environment Act Licence permits the Company to construct and operate its proposed Wanipigow extraction and processing facility which will supply rare, low-iron silica sand to the Company’s patterned solar glass manufacturing facility in Selkirk, Manitoba.
- “The receipt of the Environment Act Licence for Wanipigow marks another important milestone for the Company,” stated Company President & CEO, Glenn Leroux.
Retrieved on:
Tuesday, January 31, 2023
CALGARY, Alberta, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce the results of its bulk sand testing project.
Key Points:
- CALGARY, Alberta, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce the results of its bulk sand testing project.
- This final sand testing exercise simulated the industrial scale processes required to produce solar glass specification sand as the primary feedstock for the Company’s patterned solar glass manufacturing facility being developed in Selkirk, Manitoba.
- “With these sand testing results in hand, we have completed an important milestone in the development of our integrated solar glass manufacturing project.
- We remain on track to bring our solar glass manufacturing project to shovel-ready status by the end of Q1 2023,” continued Glenn Leroux.
Retrieved on:
Monday, September 19, 2022
Glass,
Health,
Safety,
Legislation,
EBITDA,
Nature,
Intention,
Company,
Growth,
Industry,
Forward-looking statement,
Risk,
Phrase,
EPC,
Transport,
SEDAR,
Risk management Forward-looking statements are necessarily based upon a number of estimates and assumptions made by the Company that are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.
Key Points:
- Forward-looking statements are necessarily based upon a number of estimates and assumptions made by the Company that are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.
- Forward-looking statements are not guarantees of future performance.
- Projected operational information contains forward-looking information and is based on a number of material assumptions and factors, as are set out above.
- These projections may also be considered to contain future oriented financial information or a financial outlook.
Retrieved on:
Monday, September 12, 2022
MOU,
Glass,
Health,
Safety,
Legislation,
EBITDA,
Nature,
Intention,
Company,
Growth,
Industry,
Forward-looking statement,
Risk,
Phrase,
Transport,
SEDAR,
Risk management Forward-looking statements are necessarily based upon a number of estimates and assumptions made by the Company that are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.
Key Points:
- Forward-looking statements are necessarily based upon a number of estimates and assumptions made by the Company that are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.
- Forward-looking statements are not guarantees of future performance.
- The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
- Projected operational information contains forward-looking information and is based on a number of material assumptions and factors, as are set out above.
Retrieved on:
Wednesday, September 7, 2022
Phrase,
Safety,
Option,
Legislation,
EBITDA,
Glass,
Risk,
Intention,
Company,
SEDAR,
Site,
Growth,
Industry,
Health,
Transport,
Forward-looking statement,
Nature,
Risk management,
Facility Forward-looking statements are necessarily based upon a number of estimates and assumptions made by the Company that are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.
Key Points:
- Forward-looking statements are necessarily based upon a number of estimates and assumptions made by the Company that are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.
- Forward-looking statements are not guarantees of future performance.
- The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
- Projected operational information contains forward-looking information and is based on a number of material assumptions and factors, as are set out above.
