Canadian Premium Sand Inc. announces an addition to the
CALGARY, Alberta, June 28, 2021 (GLOBE NEWSWIRE) – Canadian Premium Sand Inc. (âCPSâ or the âCompanyâ) (TSXV: CPS) is pleased to announce that Alasdair Knox will join the company as Vice President, Project Engineering effective July 1, 2021. Mr. Knox brings a wealth of project management experience gained on projects in Canada, UK United Kingdom (United Kingdom), New Zealand and the Middle East, from the new terminal at Calgary International Airport to Public Private Partnerships (P3) in the United Kingdom and the restoration of Shackleton Hut in Antarctica. Mr. Knox is a Professional Engineer registered with the Association of Professional Engineers and Geoscientists of Alberta and the Institution of Civil Engineers in the United Kingdom. He holds an MBA and is a Project Management Professional (PMP). Mr. Knox will be responsible for the Company’s capital projects with his short-term focus being managing the preliminary engineering and design and associated licensing processes for the flat glass installation and quarry operations. proposed.
The Company has granted options to its directors and officers to acquire a total of 1,190,000 common shares of CPS at an exercise price of $ 0.38 per share. A total of 540,000 options were granted to the management and employees of the Company and a total of 650,000 options were granted to the independent board of directors of the Company. The options expire on June 25, 2026 and a third of the options vest immediately, a third vest on the first anniversary date of the grant and a third on the second anniversary date of the grant.
About Canadian Premium Sand Inc.
The company is evaluating the potential for sustainable manufacturing of high-transparency flat glass at a company-owned facility in the greater Winnipeg area that uses high-quality silica sand from its wholly-owned Wanipigow silica sand deposit. The Company is a reporting issuer in Ontario, Alberta and British Columbia. Its shares trade on the TSX Venture Exchange under the symbol “CPS”.
Neither the 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.
Canadian Premium Sand Inc.
President and CEO