Canadian Premium Sand Announces Appointment of Vice President, Business Development and Share Option Grant
21 June 2019 - 7:49AM
Canadian Premium Sand Inc. ("CPS" or the
"Company") (TSXV:CPS) is pleased to
announce the appointment of Mr. Anshul Vishal as Vice-President,
Business Development. Mr. Vishal has more than 12 years of varied
experience in midstream and large EPC projects and construction as
well as experience in business development and financial modeling.
Most recently he was involved in the early stage development of a
silica project in Western Canada. Mr. Vishal holds a B.Sc. in
Mechanical Engineering (Honors First Class) from Queens University,
is a registered professional engineer with APEGA and is currently
completing an MBA through Warwick Business School in the UK.
In conjunction with this appointment, the
Company has granted Mr. Vishal options to acquire 100,000 common
shares (the "Shares") in the capital of the
Company at an exercise price of $1.10 per Share until June 20,
2022. The options are exercisable over a three year period
ending June, with one-third of the options vesting immediately,
one-third vesting on the first anniversary date of the grant, and
one-third on the second anniversary date of the grant.
300,000 options were also granted to the Company's President and
Chief Executive Officer with the same terms.
About Canadian Premium Sand Inc.
The Company is an exploration stage company and
a reporting issuer in Ontario, Alberta and British Columbia, and
its shares trade on the TSX Venture Exchange under the symbol
"CPS".
CONTACT INFORMATION:
Canadian Premium Sand
Inc. Glenn Leroux President and Chief Executive
Officer 403.815.9907glenn.leroux@cpsmail.com
www.canadianpremiumsand.com
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