Athabasca Announces Financing for Expansion of Frac Sand Operations

Athabasca Minerals Inc. announced that its joint venture partnership, AMI Silica LLC has finalized a non-dilutive financing for $2.7 million to support expansion initiatives at its Hixton, BC, Canada, frac sand operations. The corporation also announced that it has entered into an arms-length investor-relations agreement with Boardmarker Group, led by Dean Stuart.

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Continental Offers Rugged Fortress XP Conveyor Belt

The Fortress XP from Continental is a rugged fabric-reinforced conveyor belt designed to withstand high-abuse applications. Manufactured with revolutionary Fortress Technology for exceptional performance in the most demanding applications delivering up to three times longer belt life, Fortress XP delivers the lowest cost-per-ton, to protect your business from unexpected and unscheduled conveyor belt changeouts, according to the company.

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New Home Sales Up but Rising Rates Portend Weakening Market

A brief decline in mortgage rates helped to boost new home sales in August but sales are expected to move on a downward trend in the months ahead as rates have since moved higher and builder sentiment continues to fall due to declining housing affordability and ongoing supply chain bottlenecks. Sales of newly built, single-family homes in August increased 28.8%…

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