Canadian Premium Sand Inc. Announces Warrant Expiry Extension
Canadian Premium Sand Inc. Announces Warrant Expiry Extension
CALGARY, Alberta — Canadian Premium Sand Inc. (CPS) is thrilled to share some exciting news regarding its warrants. Following a recent application to extend the expiry date for a substantial number of its warrants, the TSX Venture Exchange has granted approval. This decision relates to a total of 26,494,908 warrants that gives holders the option to purchase an equivalent number of common shares.
Details of the Warrant Extension
The new expiry date for these warrants is set for December 31, 2024. It's important to note that the exercise price remains unchanged at $0.40 per common share, ensuring that existing and potential investors have the same buying opportunity as before. This development highlights the company’s commitment to enhancing shareholder value and providing flexibility for current investors.
About Canadian Premium Sand Inc.
Canadian Premium Sand Inc. is at the forefront of innovation in the manufacturing of ultra high-clarity patterned solar glass. The company is constructing state-of-the-art facilities in Selkirk, Manitoba, specifically designed to utilize the high-purity, low-iron silica sand sourced from its completely owned Wanipigow quarry leases. By leveraging renewable hydroelectric power from Manitoba, the company is poised to produce exceptional products while minimizing its environmental footprint.
Market Presence and Future Prospects
CPS is positioned as a key player in the renewable energy sector, trading publicly on the TSX Venture Exchange under the symbol "CPS." The focus on sustainable manufacturing processes aligns with the global shift towards greener energy solutions, highlighting the company’s potential for growth in an ever-expanding market.
Company Leadership
Canadian Premium Sand Inc. is led by a dedicated team that is committed to driving the company’s vision forward. Under the leadership of Glenn Leroux, President and Chief Executive Officer, and Cam Deller, Chief Financial Officer, the company is strategically navigating the complexities of the market to deliver robust results for its stakeholders.
Contact Information
For inquiries or further details regarding Canadian Premium Sand Inc., investors and interested parties can reach out via the following contact methods:
Glenn Leroux
President and Chief Executive Officer
Email: glenn.leroux@cpsmail.com
Cam Deller
Chief Financial Officer
Email: cam.deller@cpsmail.com
For Investor Relations, please contact:
Email: IR@cpsmail.com
Phone: 587.355.3714
Visit our website for more information: www.cpsglass.com
Frequently Asked Questions
What are the details of the warrant extension announced by Canadian Premium Sand Inc.?
The company has received approval to extend the expiry date of its warrants to December 31, 2024, with an exercise price of $0.40 per share.
Why is the warrant extension important for investors?
This extension provides investors more time to exercise their warrants, ensuring continued engagement and potential financial benefits.
Who leads Canadian Premium Sand Inc.?
The company is led by Glenn Leroux as President and CEO and Cam Deller as CFO, both bringing extensive experience to their roles.
What products is Canadian Premium Sand Inc. focused on developing?
They are developing ultra high-clarity patterned solar glass, leveraging innovative manufacturing techniques and sustainable energy sources.
How can I contact Canadian Premium Sand Inc. for more information?
Interests can reach out via email or phone as listed in the company’s contact information, or visit their official website.
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