Athabasca Minerals Inc. announced that its subsidiary AMI Silica LLC has entered into a multi-year Transload Agreement with CRL Transload Services Ltd. for sand transloading and storage services at its Taylor, British Columbia, Canada, location.
Read MoreTag: Athabasca Minerals Inc
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.
Read MoreBeekhuizen Resigns at Athabasca Minerals
Athabasca Minerals Inc. announced that Robert Beekhuizen has provided notice of his resignation as chief executive officer and director of the corporation, effective immediately. Dana Archibald, chief operating officer, has been appointed as interim chief executive officer while the board of directors assesses a permanent successor.
Read MoreThis Week’s Market Buzz
• Oil prices edged higher at press time, still above $100 a barrel, but were set for a second straight weekly loss, after a volatile trading week with no easy replacement for Russian barrels in a tight market. Brent crude futures rose 38 cents, or 0.7%, to $107.02 a barrel. U.S. West Texas Intermediate (WTI) crude futures were up 77…
Read MoreAthabasca Minerals Updates Business Plans
Athabasca Minerals Inc. (AMI) along with its wholly owned subsidiary, AMI Silica Inc. announced:
Read MoreThis Week’s Market Buzz
• The Jackson County, Wis., Board of Adjustment approved a variance request by Taylor Frac to allow for a second sand screener and storage structure to be built at its current facility near Taylor, Wis. According to the Jackson City Chronicle, the structure will stand to a height of 105 ft., which is higher than the maximum structure height of…
Read MoreAthabasca Sells Three Leases
Athabasca Minerals Inc. announced the closing of the sale of Athabasca’s rights, title and interests surrounding three leases bordering the Obed Transloading Facility to Wayfinder Corp. for a purchase price of $800,000 Canadian.
Read MoreAthabasca Touts Firebag in Annual Report
Athabasca Minerals Inc. announced its financial results for the fourth quarter and 13 months ended Dec. 31, 2014. The company focused part of its report on its Firebag Silica Sand Project development. The company reported:
Read MoreAthabasca Minerals Gets Approval to Mine
Athabasca Minerals Inc. has received approval from Alberta Environment and Sustainable Resource Development for the right to work and remove sand from SML 130021for a term of 10 years commencing on Aug. 25, 2014.
Read MoreAthabasca Minerals Inc. Reports Advances
Athabasca Minerals Inc. reported that the company completed aggregate production at its Cowper corporate-owned aggregate operation, its fourth corporate-owned pit and first under agreement with DeneCo Aggregates Ltd., a First Nations company. Reclamation efforts are underway.
Read More