Athabasca Minerals Inc. has received, together with Métis North Sand & Gravel, a notice of award from a major oil sands operator to supply approximately 1 million tonnes of filter sand in 2022 from AMI’s Firebag and Kearl Resources located north of Ft. McMurray, Alberta, Canada.
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Athabasca Acquires Sand Plant, Storage, Transloads
Athabasca Minerals Inc. entered into a definitive agreement for the acquisition of strategic sand assets located in the United States from an “independent, arms-length vendor,” according to the company. In support of the strategic acquisition, JMAC Resources Limited has agreed to purchase 7,375,000 AMI common shares at a price of $0.20 per share for gross proceeds of C$1,475,000 in a…
Read MoreAthabasca Minerals Revenues Strong in Third-Quarter
Athabasca Minerals Inc. announced its financial statements for the third quarter ending Sept. 30. Athabasca reported consolidated revenue of $4.3 million (versus $0.4 million in third quarter 2020) and $8.8 million for nine months (versus $1.5 million, nine months ending 2020), with contributions from all four divisions: AMI Aggregates, AMI RockChain, AMI Silica and TerraShift Engineering.
Read MoreFirst Look – October 2021
TOP NEWS MINExpo Held in Las VegasMINExpo International 2021 was held at the Las Vegas Convention Center Sept. 13-15, the largest and most comprehensive industry event this year to explore cutting-edge equipment, technologies and innovations for all mining sectors. Athabasca Minerals Revenues Leap ForwardAthabasca reported consolidated revenue of $3.2 million ($0.2 million in the second quarter of 2020) with divisional…
Read MoreAthabasca Minerals Touts Recent Progress
Athabasca Minerals Inc. reported financial statements for the second quarter ending June 30. In the second quarter of 2021, Athabasca reported consolidated revenue of $3.2 million ($0.2 million in the second quarter of 2020) with divisional contributions from AMI Aggregates, AMI RockChain, AMI Silica and TerraShift Engineering. Robert Beekhuizen, chief executive officer, stated, “AMI is on track for strengthened and…
Read MoreAthabasca Minerals Revenues Leap Forward
Athabasca Minerals Inc. reported financial statements for the second quarter ending June 30. In the second quarter of 2021, Athabasca reported consolidated revenue of $3.2 million ($0.2 million in the second quarter of 2020) with divisional contributions from AMI Aggregates, AMI RockChain, AMI Silica and TerraShift Engineering.
Read MoreAthabasca Minerals Announces Financial Results
Athabasca Minerals Inc. announced its first-quarter financial statements reporting revenue increased to $1.1 million from $0.5 million in the fourth quarter of 2020 and $0.8 million in the first quarter of 2020, driven primarily by AMI Aggregates resuming operations at Coffey Lake in January 2021 after a period of inactivity.
Read MoreAthabasca Reports Lower Aggregates Sales Revenue for 2020
Athabasca Minerals Inc. announced financial results for the fourth-quarter and year ended Dec. 31, 2020. In the fourth quarter of 2020, Athabasca reported consolidated revenue of $0.5 million versus $1.1 million in the fourth quarter of 2019 with a total loss and comprehensive loss of $0.9 million, compared to loss of $1.1 million in the fourth quarter of 2019 and a loss of $2.7…
Read MoreAthabasca Secures Strategic Contracts
Athabasca Minerals Inc. announced that AMI RockChain Inc. including its subsidiary TerraShift Engineering Ltd. recently secured the following strategic contracts as follows:
Read MoreAthabasca Commits to Advance Montney, Duvernay Projects
Athabasca Minerals Inc. (AMI) has bought out the “at arm’s length” partners of Privco1 and Privco2 to secure 100% ownership of each company, which respectively hold the Montney and Duvernay premium domestic sand deposits in Alberta, Canada. These transactions were combined and concluded for eight million AMI shares (plus $1.00), to be issued in three milestone installments and valued at…
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