Select Sands Corp. announced as part of its plans to improve logistics and create better efficiencies, the company has completed a new private road to gain direct access to a recently rebuilt Federal Highway from its producing Sandtown Quarry in Arkansas. Zig Vitols, president and CEO of Selects Sands said, “We continue to see strong demand for our Northern White…
Read MoreTag: Claim Post Resources
Claim Post Financial Offering to Benefit Seymoursville Project
Claim Post Resources Inc. announced that it intends to conduct a non-brokered private placement of unsecured convertible debentures for total gross proceeds of up to $3 million at a price of $1,000 and integral multiples thereof per Debenture, the company said.
Read MoreClaim Post Amends Gossan Resources Agreement
Claim Post Resources Inc. amended its Manigotagan Agreement with Gossan Resources Ltd. to provide an extension in the due date of a $430,000 payment for six months to Dec. 18, 2015, subject to interest at 1 percent per month, and a payment of 1,000,000 common shares of Claim Post, as well as an increase in the advance royalty provisions. The…
Read MoreThis Week’s Market Buzz
According to madison.com, 30 workers at U.S. Silica’s Sparta, Wis., plant will be laid off July 15, when the plant cuts back production because of the trickle-down effect of the lagging oil market, a company spokesman said. “We will operate the plant with a smaller workforce because we’ve seen a significant decrease in oil drilling, which has reduced demand for…
Read MoreCanada’s Pursuit of Frac Sand Sources
Canada is a major consumer of premium frac sand from the Midwest of the United States, although they have sources that are currently mined in Alberta and Saskatchewan, with others in Manitoba scheduled to come online in 2015.
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