Athabasca Minerals Inc ABCAF

Primary Symbol: V.AMI

Building Materials Building Materials

Athabasca Minerals Inc. is an integrated industrial minerals company focused on the production and delivery of frac sand to Canada and the United States. Its AMI Silica division has resource holdings and business interests in Alberta, North-East BC, and the United States. Its AMI Aggregates division produces and sells aggregates from its corporate pits and manages the Coffey Lake Public Pit on behalf of the Government of Alberta. The Company’s Metis North Sand & Gravel division has a strategic partnership with the McKay Metis Group to deliver aggregates to the energy, infrastructure, and construction sectors in the Wood Buffalo region. Its AMI RockChain division is a midstream, technology-enabled business using its RockChain digital platform, automated supply chain and logistics solutions, and safety programs to deliver products across Canada. Its TerraShift Engineering division conducts resource exploration, regulatory, and mining, and is also the developer of the TerraMaps software.

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Athabasca Minerals Inc

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Comment by trac3on Dec 17, 2013 6:28pm

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Post# 22015936

RE:Not good news when they rush out and do a financing with

I have to agree with Mr Noon, this financing deal seems a little strange not only the timing of but the dollar value
5mil doesn't go very far for capital expenitues these days especilly in Ft Mac!
More like a maintance budget or perhaps a very small expansion
Hope I wrong but something doesn't add up here with this financing

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