Athabasca Minerals Inc. announced its financial results for the first quarter ended March 31. Revenue was $434,000 (net after royalty), up 281% compared to first quarter of 2018 revenue (net after royalty) of $114,000.
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Aggregates Marketing Inc. Scores Big Contract
Athabasca Minerals Inc. reported that its wholly-owned subsidiary Aggregates Marketing Inc. has secured a CDN $1,500,000 order to supply aggregates for a major industrial operator located in the Regional Municipality of Wood Buffalo in northern Alberta, Canada.
Read MoreAthabasca to Manage Coffey Lake Public Pit
Athabasca Minerals Inc. (AMI) was awarded a 15-year contract by the Province of Alberta, Canada, to construct, operate and manage the Coffey Lake Public Pit north of Fort McMurray, Alberta. This Crown resource is situated on approximately 1,345 acres of land about 90 km north of Fort McMurray.
Read MoreAthabasca Minerals Acquires Privco2
Athabasca Minerals Inc. entered into an agreement to acquire ownership of private corporation Privco2 that holds the Duvernay Frac Sand Project in Alberta, Canada. The Duvernay Project adds to and further strengthens the corporation’s objective of becoming the leading in-basin frac sand supplier of premium domestic sand in Western Canada through its wholly owned subsidiary, AMI Silica Inc.
Read MoreAthabasca Scores Test Results for Montney Project
Athabasca Minerals Inc. (AMI) has provided its initial test results for the Montney in-basin frac sand project (MIB project) in Canada.
Read MoreAthabasca Minerals Creates Two Wholly Owned Subsidiaries
Athabasca Minerals announced the creation of two wholly owned subsidiaries: AMI Silica Inc. and Aggregates Marketing Inc.
Read MoreAthabasca Seeks to Build Storage and Distribution Hub
Athabasca Minerals Inc. entered into a Letter of Intent with a property owner in the town of Mayerthorpe, Alberta, Canada, for a storage and distribution hub to serve its Firebag Frac Sand Project.
Read MoreAthabasca Lands Big Order
Athabasca Minerals Inc. announced that the corporation has been awarded a Cdn $1.6 million order for aggregates from a major oil sands entity. Aggregates will be provided from the corporation’s 100-percent-owned corporate stockpile site located near Conklin, Alberta, Canada. It is anticipated that deliveries will commence in April 2018.
Read MoreAthabasca Minerals Announces Financial Results; Hires CFO
Athabasca Minerals Inc. announced its financial results for the three months ended Sept. 30, 2017. Revenue decreased 7 percent to $3,479,022 versus $3,745,532 in the comparable three-month period ending Sept. 30, 2016.
Read MoreMerger and Acquisition Activity Heats Up
One of the key indicators of an expanding construction-materials market is merger and acquisition activity. We are starting to see a little bit of that right now.
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