Select Sands Corp V.SNS

Alternate Symbol(s): SLSDF

Metals & Mining Industrial Metals & Minerals

Select Sands Corp. is a Canada-based industrial silica product company, which wholly owns a Tier-1 silica sands property and related production facilities located near Sandtown, Arkansas. The Company is engaged in mining its 520-acre site in Arkansas named the Sandtown quarry. The property is underlain by the Ordovician St. Peter sandstone formation, the source of industrial silica sand Ottawa White frac sand, selling into various United States oil and gas and industrial and specialty end markets. These properties include sand sphericity and roundness, crush (K Value), acid solubility, turbidity and silicon dioxide (SiO2) content. The Company is focused on developing this business to enable commercial silica sand sales to industrial and energy customers. Its Plant Reconfiguration Project includes installation of dry-process equipment at the Diaz Rail Facility.

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Select Sands Corp

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Comment by murrarmson Sep 12, 2017 9:01pm

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Post# 26687928

RE:Taking a hard look.

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Offer to Purchase Select Sands' Ownership Position in Comstock Metals Withdrawn

13 Sep 2017 00:31 ET

GlobeNewswire

Select Sands Corp. ("Select Sands" or the "Company") (TSX-V:SNS) (OTC:SLSDF) today announced that the offer from SJ Strategic Investments, LLC, Gracetree Investments, LLC, Gregory Asset Partners, LLC and the Gregory Irrevocable Equalizing Trust (together referred to as the "Syndicate") to purchase the 20,000,000 common shares of Comstock Metals Ltd (TSX-V:CSL) ("Comstock") held by the Company has been withdrawn.

The Company has been advised that the decision of the Syndicate to exercise its option to withdraw its offer to purchase the Comstock shares was made in light of the regulatory requirements, time and expense that were to be imposed in order to obtain the additional board representation that the Syndicate sought in connection with the proposed transaction. The decision not to proceed with the proposed transaction was not, however, made as a result of any due diligence matters uncovered. The Syndicate remains a significant shareholder of Comstock, and the Syndicate has confirmed that its overall view of its current investment, and support for, Comstock remains unchanged.

About Select Sands Corp.

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