Select Sands Announces Departure of Director
February 05 2018 - 10:33AM
Select Sands Corp. (“Select Sands” or the “Company”) (TSXV:SNS)
(OTC:SLSDF) today announced the resignation, effective February 4,
2018, of David Giannini from the Company’s Board of Directors (the
“Board”). Mr. Giannini decided to leave the Board to focus on other
pursuits, and the Company will review potential replacement
directors in the coming weeks.
Zig Vitols, President and Chief Executive
Officer, commented, “We appreciate David’s service and wish him
well for the future. The Company has accomplished much during
David’s time on the Board, and we look forward to further
significant progress both operationally and financially as we move
through 2018 and beyond.”
About Select Sands Corp.
Select Sands Corp. is an industrial Silica
Product company developing its 100% owned, 520-acre Northern White,
Tier-1, silica sands project located in Arkansas, U.S.A. Select
Sands’ Arkansas property has a logistical advantage of being
significantly closer to oil and gas markets located in Oklahoma,
Texas, New Mexico, Colorado and Louisiana than Wisconsin sources.
The Tier-1 reference above 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 & cement operations, following ISO
13503-2:2006/API RP19C:2008 standards.
Select Sands’ Sandtown project has Indicated
Mineral Resources of 42.0MM tons (TetraTech Report; February, 2016)
and Bell Farm has Inferred Mineral Resources of 49.6MM tons
(Kleinfelder Report; April, 2017). Both deposits are considered
Northern White finer-grade sand deposits of 40-70 Mesh and 100
Mesh.
Forward-Looking Statements
This news release includes forward-looking
information and statements, which may include, but are not limited
to, information and statements regarding or inferring the future
business, operations, financial performance, prospects, and other
plans, intentions, expectations, estimates, and beliefs of the
Company. Information and statements which are not purely
historical fact are forward-looking statements. The forward-looking
statements in this press release relate to the review of
replacement directors and its potential significant operation and
financial progress in 2018. Forward-looking information and
statements involve and are subject to assumptions and known and
unknown risks, uncertainties, and other factors which may cause
actual events, results, performance, or achievements of the Company
to be materially different from future events, results,
performance, and achievements expressed or implied by
forward-looking information and statements herein. Although the
Company believes that any forward-looking information and
statements herein are reasonable, in light of the use of
assumptions and the significant risks and uncertainties inherent in
such information and statements, there can be no assurance that any
such forward-looking information and statements will prove to be
accurate, and accordingly readers are advised to rely on their own
evaluation of such risks and uncertainties and should not place
undue reliance upon such forward-looking information and
statements. Any forward-looking information and statements herein
are made as of the date hereof, and except as required by
applicable laws, the Company assumes no obligation and disclaims
any intention to update or revise any forward-looking information
and statements herein or to update the reasons that actual events
or results could or do differ from those projected in any
forward-looking information and statements herein, whether as a
result of new information, future events or results, or otherwise,
except as required by applicable laws.
Contact
Please visit www.selectsandscorp.com or
call:Zigurds VitolsPresident & CEOPhone: (604) 639-4533
Neither 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.
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