Athabasca Minerals Inc. announced results for the second quarter ending June 30, and a strategic refocusing as part of the new emphasis on its core business and initiatives.
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Beekhuizen 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 MoreAthabasca Announces Executive Appointments
Athabasca Minerals Inc. announced that David Churchill was appointed chief financial officer (CFO) and Philip Schuman, was appointed vice president, AMI RockChain Inc. Churchill is a senior financial and accounting executive and joins Athabasca with more than 30 years of experience spanning multiple sectors, including oil and gas services, manufacturing and construction, maintenance and environmental services, and public practice. Churchill…
Read MoreAthabasca Reports Massive Gross Revenue Growth
In the fourth quarter of 2021, Athabasca reported consolidated gross revenue growth of 538% to $3.28 million vs. $0.5 million in Q4 2020 with a total loss and comprehensive loss of $0.64 million vs. $0.9 million in Q4 2020. The corporation increased its gross revenue by 494% to $12.1 million in 2021 vs. $2.0 million in 2020 with a total…
Read MoreFirst Look – April 2022
AMI to Use Treated Wastewater at Sand Plant
Athabasca Minerals Inc. (AMI) announced a definitive agreement with Alberta-Pacific Forest Industries Inc., effective March 1, for the construction, operation and supply of treated industrial wastewater for AMI’s Prosvita Sand Project, which borders Al-Pac’s industrial operations in Athabasca County, Alberta, Canada.
Read MoreAthabasca Minerals Closes Wisconsin Acquisition
Athabasca Minerals Inc. closed the strategic acquisition of an operational U.S. sand mine and facilities in Wisconsin. The assets include real estate of 1,100 acres, a fully functional and staffed mine and processing plant capable of 2 million tpy of sand, fixed storage, rail transload with unit-train capability (i.e. loading/unloading 100 railcar shipments), mobile equipment and active supply chain contracts.
Read MoreAthabasca Minerals Gets Rolling at Firebag
Athabasca Minerals Inc. (AMI) announced that mining and delivery of premium domestic sand from its Firebag resource north of Ft. McMurray has commenced. This product is in support of AMI’s partnership with Métis North Sand & Gravel and the contract announced on Dec. 20, 2021, with a major industry operator requiring approximately 1 million tonnes of filter sand.
Read MoreAthabasca, Métis North Sand & Gravel Strike Deal
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.
Read MoreAthabasca 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…
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