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 $2.0 million…
Read MoreTag: Sand Deposits
Hi-Crushes Buys Former Recreation Area for Sand Deposits
Houston-based Hi-Crush Partners purchased a recreation area formerly known as The Dunes at Kermit, in Kermit, Texas, and has started preparing the site for frac sand production.
Read More