Select Sands Corp. today shared developments concerning its strategic direction and operational status. Each of the members of the Company's board of directors, other than Zigurds Vitols, as well as the Chief Financial Officer have provided their resignations in light of the fact that the Company has largely ceased operations. Zigurds Vitols will continue in his role as the Company assesses its strategic options, and [...]
Select Sands Corp. is issuing an update regarding the Company's status. As previously disclosed in the Company's April 29, 2024 and July 22, 2024 news releases, the Company's normal operations have been shut down and the Company's primary lender, First Community Bank issued a demand letter threatening foreclosure of the Company's collateralized assets if the Company did not make loan payments that were past due by August [...]
Select Sands Corp. is issuing an update regarding the Company's operations and future direction. On July 16, 2024, our primary lender issued a demand letter serving as final notice of default to bring our account current by August 1, 2024 to avoid foreclosure and the invocation of power of sale on collateralized assets and associated costs. As of July 16, 2024, the past due amount is US$249,863, the total outstanding [...]
Select Sands Corp. , announces that the British Columbia Securities Commission issued a cease trade order against the Company effective May 8, 2024, for failing to file audited annual financial statements, management's discussion and analysis and annual certifications for the year ended December 31, 2023 within the time period prescribed by securities regulation. In addition, as a result of the BCSC cease trade order, the [...]
VANCOUVER, BC, May 8, 2024 /CNW/ - The following issues have been halted by CIRO Company: Select Sands Corp. TSX-Venture Symbol: SNS All Issues: Yes Reason: Cease Trade Order Halt Time : 7:45 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
VANCOUVER, BC, April 29, 2024 /CNW/ - Trading resumes in: Company: Select Sands Corp. TSX-Venture Symbol: SNS All Issues: Yes Resumption : 1:45 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and [...]
Select Sands announced a shuttering of the operations of its operating subsidiary, Select Sands America Corp., due to a confluence of factors negatively impacting the frac sand industry and the Company. The decision comes as a response to the challenges posed by weak oil and gas activity in the basins served by the Company, a diminished 2024 sales forecast, low product pricing, a slower-than-expected pivot to industrial [...]
VANCOUVER, BC, April 29, 2024 /CNW/ - The following issues have been halted by CIRO Company: Select Sands Corp. TSX-Venture Symbol: SNS All Issues: Yes Reason: Pending News Halt Time : 12:55 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
~ Targeted Ongoing Internal Growth Initiatives Complemented by Aggressive Pursuit of Near and Long - HOUSTON, TX, USA - Select Sands Corp. , today announced operational and financial results for the three months ended September 30, 2023 , and a discussion concerning the opportunities to expand the sale of the Company's product offerings beyond the oil and gas industry. In addition, Select announced the filing of its [...]
Houston, August 25, 2023 - Select Sands Corp. today announces operational and financial results for the three months ended June 30, 2023 , and the filing of its financial statements and associated management's discussion and analysis on www.sedar.com by end of day. All dollar references in this release are in U.S. dollars. KEY HIGHLIGHTS Sold 53,894 tons of frac and industrial sand during Q2 2023 compared to 83,027 tons [...]
MAY 30 - HOUSTON, TX, USA - Select Sands Corp. , today announced operational and financial results for the three months ended March 31, 2023 , and the filing of its financial statements and associated management's discussion and analysis on www.sedar.com. All dollar references in this release are in U.S. dollars. KEY HIGHLIGHTS Sold 83,027 tons of frac and industrial sand during Q1 2023 compared to 81,451 tons in the [...]
Houston, May 1, 2023 - Select Sands Corp. today announced operational and financial results for Q4 and full year 2022, and the filing of its financial statements and associated management's discussion and analysis on www.sedar.com. All dollar references in this release are in U.S. dollars. KEY HIGHLIGHTS Sold 81,451 tons of frac and industrial sand during Q4 2022 compared to 83,222 tons in Q3 2022 and 94,670 tons in Q4 [...]
