Select Sands announced today that it has filed an early warning report in respect of its acquisition of 2,635,400 units of Comstock Metals pursuant to the non-brokered private placement completed by Comstock on July 3, 2018. Each unit is comprised of one common share in the capital of Comstock and one common share purchase warrant of Comstock . Each Warrant entitles the holder thereof to purchase one additional common [...]
Improved Margins Drove Adjusted EBITDA Higher in Q1 2018 by More than 300% from Q4 2017 Recent Logistics Enhancements Increase Q2 2018 Sales Volumes Guidance to 130,000 to 150,000 Tons Executing on Plans to Expand Production Capacity by 67% to 1 Million Tons Per Year VANCOUVER, British Columbia, May 17, 2018 -- Select Sands Corp. today announced operational and financial results for the first quarter of 2018 and the [...]
VANCOUVER, British Columbia, May 09, 2018 -- Select Sands Corp. will release financial and operational results for the first quarter of 2018 on Thursday May 17th after the market closes, and will host a conference call on Friday, May 18th at 11:00 AM EDT . Zig Vitols, President and CEO of Select Sands states, “Following our tremendous progress over the course of last year, we are pleased to continue our success into [...]
VANCOUVER, British Columbia , May 03, 2018 -- Select Sands Corp. is pleased to announce that it has secured a US$3.89 million capital expenditure line of credit subject to a 5.25% annual interest rate to fund the Company’s previously announced expansion project to increase production capacity of its high quality silica sands to 1 million tons per annum to meet the growing demand of its existing client base. Zig [...]
VANCOUVER, British Columbia, April 27, 2018 -- The board of directors of Select Sands Corp. is pleased to announce the appointment of Mr. Daniel A. Gillett as Chairman of the Board. Mr. Gillett brings over 30 years’ experience serving as a director, investment banker, consultant and senior executive, including serving as chief executive officer and chief financial officer. Throughout his career he has completed over [...]
VANCOUVER, British Columbia , April 13, 2018 -- Select Sands Corp. today announced that certain officers and directors have been issued an aggregate of 2,400,000 options pursuant to the Company’s option plan. Each option is exercisable into one common share at an exercise price of Cdn$0.39 at any time on or before the fifth anniversary of its issuance. The vesting terms for the grants vary with a portion vesting on [...]
Frac and Industrial Sand Sales Volumes Grew at 71% Quarterly Rate from Q1 to Q4, With Stronger Pricing Seen Throughout the Year Continued to Generate Positive Net Income and Adjusted EBITDA in the Fourth Quarter VANCOUVER, British Columbia, April 11, 2018 -- Select Sands Corp. today announced operational and financial results for the full year and fourth quarter of 2017 and the filing of its 2017 full year financial [...]
Project anticipated to be completed in 2H 2018 VANCOUVER, British Columbia, April 10, 2018 -- Select Sands Corp. is pleased to announce the Company has exercised its option to purchase a 223-acre property located in Independence County, Arkansas to serve as a platform to support the Company’s long-term operational and capacity expansion initiatives. Under the terms of a revised US$1,630,000 purchase agreement, the [...]
VANCOUVER, British Columbia, March 27, 2018 -- Select Sands Corp. is pleased to announce that it will be releasing its fourth quarter and full 2017 year end results on Wednesday, April 11, 2018 before market open. A conference call to discuss these results will be held on the same day at 8:45 AM EST . Zig Vitols, President and CEO of Select Sands states, “We have made tremendous progress over the course of the year [...]
VANCOUVER, British Columbia, March 06, 2018 -- Select Sands Corp. is pleased to announce it has appointed Mr. Daniel Gillett and Mr. Steven Goldman to the board of directors. Mr. Gillett joins the board with over 30 years experience serving as a director, investment banker, consultant and senior executive, including serving as chief executive officer and chief financial officer. Throughout his career he has completed over [...]
VANCOUVER, British Columbia, March 01, 2018 -- Select Sands Corp. is pleased to announce that the Company has increased its line of credit with First Community Bank of Arkansas, USA from $2M USD to $5M USD. The Company plans to draw down on these funds, when necessary for growth and working capital requirements. No draws have been made to date. Zig Vitols, President and CEO of Select Sands, commented, “With these [...]
VANCOUVER, British Columbia, Feb. 15, 2018 -- Select Sands Corp. is pleased to announce, as part of its plans to improve logistics and create better efficiencies, the Company has completed a new private road to gain direct access to a recently rebuilt Federal Highway from its producing Sandtown Quarry in Arkansas. Mr. Vitols, President and CEO of Selects Sands states, “We continue to see strong demand for our [...]
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