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Select Sands Corp V.SNS

Alternate Symbol(s):  SLSDF

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.


TSXV:SNS - Post by User

Post by Traderstock101on Jul 09, 2021 8:33am
95 Views
Post# 33520265

********* Select Sands appoints Harris as director *********

********* Select Sands appoints Harris as director *********

2021-07-08 16:34 ET - News Release

Mr. Zigurds Vitols reports

SELECT SANDS APPOINTS MR. WESLEY HARRIS TO THE BOARD OF DIRECTORS

Select Sands Corp. has appointed Wesley Harris, CPA, to the board of director replacing John Kime, who has resigned for medical reasons. Mr. Harris will also replace John Kime as chair of the audit committee.

Mr. Harris joins the board with extensive investment relations and finance experience. He is a partner in Al Petrie Advisors, an investment relations and financial consulting firm, which he joined in 2017. Mr. Harris was previously an executive with roles as a business analysis and investor relations with CVR Energy in Houston. He has a degree in business administration and accounting from Texas A&M and an MBA from Houston Baptist University in Houston. Mr. Harris lives in the Houston, Tex., area and continues to maintain his CPA status.

The appointment of Mr. Harris is effective immediately but remains subject to TSX Venture Exchange approval.

At the same time, John Kime has resigned from the board due to an advancing medical condition. Mr. Kime has been an instrumental contributor to the board and helped guide the company through the recent years. He joined the board in December of 2015.

The company will continue be in contact with Mr. Kime and wish him the best during his challenging time.

Zig Vitols, president and chief executive officer of Select Sands, states: "We have been very fortunate to have John Kime as a member of Select Sands' board of directors and as chair of its audit committee. Mr. Kime has always made a tremendous contribution to the company. He has always been an active, professional and valuable member of the board of directors. While we will certainly miss Mr. Kime and wish him well, we are delighted to have Wes Harris join the board. I personally have had a chance to work with Mr. Harris during the past few years and found him insightful and significant contributor in helping Select Sands develop and execute its communications. I look forward to working with Mr. Harris who will also be assuming the chairmanship of the audit committee."

About Select Sands Corp.

Select Sands is an industrial silica product company, which wholly owns a Tier 1 (Northern White), silica sands property and related production facilities located near Sandtown, Ark. Select Sands' goal is to become a key supplier of premium industrial silica sand and frac sand to North American markets. Select Sands' Arkansas properties have a significant logistical advantage of being significantly closer to oil and gas markets located in Oklahoma, Texas, Louisiana and New Mexico than sources of similar sands from the Wisconsin area. Select Sands also operates a transload facility in George West, Tex., in Live Oak county, that serves customers operating in the Eagle Ford shale basin. The facility has a capacity for 180 rail cars and is equipped with two offload/loading stations with dedicated silos for a high throughput capacity.

The Tier 1 reference is a classification of frac sand developed by PropTester Inc., an independent laboratory specializing in the research and testing of products utilized in hydraulic fracturing and cement operations, following ISO 13503-2:2006/API RP19C:2008 standards. Select Sands' Sandtown project has an NI 43-101-compliant indicated mineral resources of 42 million tons. The Sandtown deposit is considered Northern White finer-grade sand deposits of 40 to 70 mesh and 100 mesh.

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