Canadian Premium Sand Inc. announces an addition to the Executive Team and Share Option Grants
28 June 2021 - 9:00PM
Canadian Premium Sand Inc. ("CPS" or the "Company") (TSXV:
CPS) is pleased to announce that Alasdair Knox will
be joining the Company as Vice President, Project Engineering
effective July 01, 2021. Mr. Knox brings a wealth of project
management experience gained on projects in Canada, the United
Kingdom (UK), New Zealand and the Middle East ranging from the new
Calgary International Airport Terminal to Public-Private
Partnerships (P3) in the UK and the Shackleton Hut Restoration in
Antarctica. Mr. Knox is a Professional Engineer registered
with the Association of Professional Engineers and Geoscientists of
Alberta and the Institution of Civil Engineers in the UK. He has an
MBA and is a Project Management Professional (PMP). Mr. Knox will
be responsible for the Company’s capital projects, with his
near-term focus being the management of the Front-End Engineering
and Design and associated permitting processes for the proposed
flat glass facility and quarry operations.
The Company has granted its directors and officers options to
acquire an aggregate of 1,190,000 common shares of CPS at an
exercise price of $0.38 per share. A total of 540,000 options were
granted to the Company's management and employees and a total of
650,000 options were granted to the Company’s independent Board of
Directors. The options expire June 25, 2026 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 evaluating the potential for
sustainable manufacturing of high clarity flat glass through a
Company owned facility in the greater Winnipeg area that utilizes
the high-quality silica sand from its wholly-owned Wanipigow silica
sand deposit. The Company is a reporting issuer in Ontario, Alberta
and British Columbia. Its shares trade on the TSXV 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 LerouxPresident and Chief Executive
Officerglenn.leroux@cpsmail.com
Investor
RelationsIR@cpsmail.com587.355.3714
www.canadianpremiumsand.com
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