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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

Bullboard Posts
Post by gasiouson Oct 18, 2016 3:56pm
209 Views
Post# 25357542

New Offer

New OfferI hear that 3-4 US Energy funds are taking at least $7.5M of the new offer and that it will close quickly. Nice to see interest building in the US. It is also a good sign that they did not need add a warrant sweetener.

It is surprising - in a positive way - that the share price has stayed consistently well above that of the new offer.

Any other tidbits?
Bullboard Posts