Canadian Premium Sand Inc. appoints Chief Financial Officer and adds Glass Expertise
17 August 2021 - 9:00PM
Canadian Premium Sand Inc. (“
CPS”
or the “
Company”) (TSXV: CPS) is pleased to
announce that it has appointed Cameron Deller as the Company’s
Chief Financial Officer and engaged Patrick Kenny as an advisor to
the Company.
Cameron Deller is joining the Company as Chief Financial Officer
effective September 07, 2021. Mr. Deller brings over 20 years of
financial leadership, investment management and capital
markets experience gained across a wide variety of industries in
both public and private sectors. He holds a Bachelor of
Commerce from the University of Calgary and is a CFA charter
holder. With a proven track record of managing complex
financial structures, he has deep proficiencies in corporate
strategy, financial planning and analysis and capital raising
initiatives. Most recently, Mr. Deller served as Vice President,
Corporate Development for Mosaic Capital Corporation, a publicly
traded investment holding company with diversified operations
across Canada. As a component of his total compensation
package, Mr. Deller has been awarded 125,000 options to acquire
common shares of CPS at an exercise price of $0.47 per share.
The Company has contracted Patrick Kenny through his wholly
owned company, Value INgineering Consulting LLC, to provide
independent advice and expertise to Company’s management and Board
of Directors. Mr. Kenny is a well-respected 35-year veteran of
the flat glass industry. His long career with major North
American glass producers PPG Industries, Inc. and Vitro
Architectural Glass, Inc, the past 21 years in executive roles,
equips Mr. Kenny with deep knowledge in strategic planning,
marketing, business development and business start-up of flat glass
operations, specifically in new markets. As an independent
consultant, Mr. Kenny will work closely with the Company’s
management team and Board of Directors to ensure the Company’s
strategic planning and project execution aligns with the elements
needed for success in the North American flat glass industry.
“Cameron’s experience in capital markets, corporate strategy and
investor relations adds significant strength to our management team
as CPS pursues its goal of manufacturing high specification flat
glass,” states Glenn Leroux, President & CEO. “Patrick’s depth
of knowledge in the flat glass industry is at a level that allows
him to quickly see both opportunities and risks. Cameron and
Patrick’s contribution to the development of a sound business,
operations and capital deployment plan that moves CPS from an early
design phase through to glass production and sales cannot be
overstated.”
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.cpsglass.com
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