Canadian Premium Sand Inc. Announces Option Grants
21 Décembre 2023 - 1:00PM
Canadian Premium Sand Inc. (“
CPS”
or the “
Company”) (TSXV: CPS) announces the grant
of share options (“Options”) to acquire common shares (“Common
Shares”) under its omnibus equity incentive compensation plan (the
“Plan”).
The Company granted 1,077,000 Options, including
285,000 granted to its independent directors and 792,000 to its
executive officers and employees. The Options are exercisable at
$0.31 per Common Share expiring December 21, 2028. As of the date
hereof, there are 83,420,752 Common Shares issued and outstanding,
and therefore, a maximum of 8,342,075 Options, RSUs, DSUs, PSUs and
other share-based awards that may be issued under the Plan on a
combined basis are issuable under the Plan, of which an aggregate
of 5,437,000 Options have been granted.
About Canadian Premium Sand
Inc.
The Company is developing manufacturing capacity
for ultra high-clarity patterned solar glass through a
Company-owned facility to be located in Selkirk, Manitoba that
utilizes the high-purity, low-iron silica sand from its wholly
owned Wanipigow quarry leases and renewable Manitoba
hydroelectricity. 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 Leroux |
Cam Deller |
President and Chief Executive Officer |
Chief Financial Officer |
glenn.leroux@cpsmail.com |
cam.deller@cpsmail.com |
|
|
Investor
RelationsIR@cpsmail.com587.355.3714www.cpsglass.com
Canadian Premium Sands (TSXV:CPS)
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