Canadian Premium Sand Inc. is pleased to announce that it has successfully applied for and received a US$75 million tax credit allocation to re-purpose a former glass manufacturing site in southern US to produce pattern solar glass . The Company is also pleased to announce an addition to its board of directors. Tax Credit Allocation To support the development of the US Project, after receiving a letter of encouragement [...]
Canadian Premium Sand Inc. is pleased to announce the conclusion of the previously announced warrant exercise and its fiscal year end 2024 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, 2024, are available under CPS's SEDAR+ profile. Warrant Exercise and Expiration of all outstanding Warrants [...]
Canadian Premium Sand Inc. announces the completion of two financing initiatives in support of the ongoing process to advance project financing of the Company's pattern solar glass manufacturing facility in Selkirk, Manitoba and Company's plans for a US pattern solar glass manufacturing facility. Two of the Company's largest shareholders in addition to all board members and management that hold common share purchase [...]
Canadian Premium Sand Inc. announces that Chief Financial Officer, Cameron Deller will be leaving the Company to accept a new opportunity. CPS is pleased to announce the appointment of Isha Kular as Chief Financial Officer for the Company effective October 3, 2024. Ms. Kular returns to CPS from her previous role as Corporate Controller between 2019 and 2020. Cameron Deller, CFA, has held the position of CFO of the Company [...]
Canadian Premium Sand Inc. is pleased to announce that further to its August 23, 2024 news release its application to extend the expiry date of an aggregate of 26,494,908 warrants to purchase an aggregate of 26,494,908 common shares of the Company has been approved by TSX Venture Exchange. The Warrants are now set to expire on December 31, 2024. All other terms of the Warrants, including the exercise price of $0.40 per [...]
Canadian Premium Sand Inc. is pleased to announce that it intends to extend the expiry date of an aggregate of 26,494,908 warrants to purchase an aggregate of 26,494,908 common shares of the Company. The Warrants were issued pursuant to a private placement unit offering that closed August 31, 2022 and are currently set to expire on August 31, 2024. The Company intends to extend the expiry date by 4 months to December 31 [...]
Canadian Premium Sand Inc. is pleased to announce its third quarter 2024 financial results. The Company's interim financial statements and notes thereto and Management's Discussion and Analysis for the three and nine months ended June 30, 2024, are available under CPS's SEDAR+ profile. Highlights The Company devoted its time and resources during the three-month period ended June 30, 2024, to advancing its integrated [...]
Canadian Premium Sand Inc. 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. Highlights The Company devoted its time and resources during the three-month period ended December 31, 2023, to advancing its patterned solar [...]
Canadian Premium Sand Inc. 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. Highlights The Company devoted its time and resources during the financial year ended September 30, 2023, investing $7.2 million to [...]
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. announces the grant of share options to acquire common shares under its omnibus equity incentive compensation plan . The Company granted 1,695,000 Options, including 475,000 granted to its independent directors and 1,220,000 to its executive officers and employees. The Options are exercisable at $0.59 per Common Share expiring May 23, 2028. As of the date hereof, there are 78,549,660 Common [...]
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 [...]