Select Sands Corp announced record operational and financial results for the second quarter of 2018. The company sold a record 164,872 tons of frac and industrial sand, which was significantly higher than Select Sands’ original outlook for the sale of 120,000 to 140,000 tons.
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This Week’s Market Buzz
• The Wisconsin Department of Natural Resources issued a permit allowing OmniTRAX Logistics Services to fill in more than four acres of wetlands in Jackson County, Wis., in order to install nearly 10 miles of track in a loop along the banks of Halls Creek, a Class II trout stream that feeds into the Black River. OmniTRAX said it will…
Read MoreSelect Sands Secures Option Purchase Property in Arkansas
Select Sands Corp announced that it has recently entered into an agreement for the option to purchase 223 acres of property in Newark, Ark., to serve as a platform to support the company’s near- and long-term operational and capacity expansion initiatives.
Read MoreSelect Sands’ Revenues Grow 148 Percent
Select Sands Corp. announced financial and operational results for the third quarter of 2017 Third Quarter 2017 financial highlights include:
Read MoreSelect Sands Doubles Revenue in Second Quarter
Select Sands Corp announced financial and operational results for the second quarter of 2017. Revenue more than doubled to $3.1 million CAD from $1.5 million in the first quarter 2017. Second quarter revenue would have been greater, except for lost sales volumes of 8,000 to 12,000 tons due to a pause in shipping during the May flood in Arkansas, and…
Read MoreSelect Sands Sees Sales Volume Increases
Select Sands Corp. provided an operations update, including higher than previously expected sales volumes for the second quarter of 2017.
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• According to the Winona Post, the Land Stewardship Project (LSP) made a move to join the legal battle over Winona County’s frac sand ban. Attorneys for LSP filed a motion to intervene in a lawsuit challenging the county’s ban on mining sand for industrial purposes. If the motion is granted, LSP “will defend the lawsuit shoulder-to-shoulder with the county,”…
Read MoreSelect Sands Offers Update on Bell Farm Property
Select Sands Corp. has completed a National Instrument 43-101 resources calculation on its Bell Farm Property in Arkansas. The report dated April 4, 2017, was prepared by Elliott A Mallard, P.G. of Kleinfelder, Jacksonville, Fla. The NI 43-101 Inferred Mineral Resources are 49.6 million tons. A copy of the report will be filed under the company’s profile on www.sedar.com.
Read MoreSelect Sands Agrees to Deal with Ozark Premium Sand
Select Sands Corp. announced that it has entered into a binding agreement with Tutle Holding, LLC and Steve Hackmann, Ozark Premium Sand LLC (OPS) pursuant to which Select Sands’ wholly owned subsidiary, American Select Corp., will purchase certain OPS equipment and shall have the option to purchase OPS’ dry processing plant, operating equipment, saleable inventory and customer lists amongst other…
Read MoreSelect Sands Acquires Arkansas Plant from Tutle
Select Sands Corp. has entered into an asset purchase agreement (APA) whereby the company will buy certain assets of Tutle Holdings. The assets to be acquired include a permitted and producing wet processing plant, equipment and related assets, all near its Sandtown silica sands deposit in Arkansas.
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