La Ronge Gold Corp. announced that it has signed a definitive agreement to acquire the assets and business of Canfrac Sands Ltd., a private company producing and selling frac sand in the Western Canada Sedimentary Basin.
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La Ronge Purchases Assets of Private Producer
La Ronge Gold Corp. has entered into a letter of intent to acquire the assets and business of a private company producing frac sand in the Western Canada Sedimentary basin. The unnamed company currently sells into the Canadian frac sand market and has fixed sales contracts with various oil and gas service providers in Canada, according to La Ronge.
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