Canadian Premium Sand Announces Share Option Grants
03 March 2020 - 9:14AM
Canadian Premium Sand Inc. ("CPS" or the
"Company") (TSXV:CPS) has granted its
directors and officers options to acquire an aggregate of 260,000
common shares of CPS at an exercise price of $0.35 per share until
March 2, 2025. 90,000 options were granted to the Company's
President and Chief Executive Officer and Director, 50,000 options
were granted to the Company's Vice President, Business Development
and 20,000 options were granted to each of CPS' other directors.
The options are exercisable over a five year period ending March 2,
2025, 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.
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".
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.
CONTACT
INFORMATION:
Canadian Premium Sand
Inc. Glenn Leroux President and Chief Executive
Officer 587.350.5772glenn.leroux@cpsmail.com
Investor
RelationsIR@cpsmail.com
www.canadianpremiumsand.com
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