Athabasca 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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Athabasca Minerals Revenues Strong in Third-Quarter

Athabasca Minerals Inc. announced its financial statements for the third quarter ending Sept. 30. Athabasca reported consolidated revenue of $4.3 million (versus $0.4 million in third quarter 2020) and $8.8 million for nine months (versus $1.5 million, nine months ending 2020), with contributions from all four divisions: AMI Aggregates, AMI RockChain, AMI Silica and TerraShift Engineering.

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Athabasca Minerals Touts Recent Progress

Athabasca Minerals Inc. reported financial statements for the second quarter ending June 30. In the second quarter of 2021, Athabasca reported consolidated revenue of $3.2 million ($0.2 million in the second quarter of 2020) with divisional contributions from AMI Aggregates, AMI RockChain, AMI Silica and TerraShift Engineering. Robert Beekhuizen, chief executive officer, stated, “AMI is on track for strengthened and…

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Athabasca Minerals Revenues Leap Forward

Athabasca Minerals Inc. reported financial statements for the second quarter ending June 30. In the second quarter of 2021, Athabasca reported consolidated revenue of $3.2 million ($0.2 million in the second quarter of 2020) with divisional contributions from AMI Aggregates, AMI RockChain, AMI Silica and TerraShift Engineering.

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Athabasca Reports Lower Aggregates Sales Revenue for 2020

Athabasca Minerals Inc. announced financial results for the fourth-quarter and year ended Dec. 31, 2020. In the fourth quarter of 2020, Athabasca reported consolidated revenue of $0.5 million versus $1.1 million in the fourth quarter of 2019 with a total loss and comprehensive loss of $0.9 million, compared to loss of $1.1 million in the fourth quarter of 2019 and a loss of $2.7…

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Athabasca Commits to Advance Montney, Duvernay Projects

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…

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