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Canadian Premium Sand Inc. Receives US$75 Million Tax Credit Allocation and Explores Joint Venture for US Project
Jan 28, 2025•over 1 year ago
Contract Type
partnership
CalgaryManufacturingEnergyRenewable EnergySolar
Description
Canadian Premium Sand Inc. is pleased to announce that it has successfully applied for and received a US$75 million tax credit allocation to re-purpose a former glass manufacturing site in southern US to produce pattern solar glass. Additionally, the company is negotiating a joint venture (the “JV”) agreement with a strategic partner to advance the US Project.
Company Information
Company
Canadian Premium Sand
Location
Calgary, Alberta, Canada
About
The Company is developing manufacturing capacity for ultra high-clarity patterned solar glass through a Company-owned facility to be located in Selkirk, Manitoba that utilizes the high-purity, low-iron silica sand from its wholly owned Wanipigow quarry leases and renewable Manitoba hydroelectricity. The Company is a reporting issuer in Ontario, Alberta and British Columbia. Its shares trade on the TSXV under the symbol "CPS".
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Predictive Intelligence
Strategic
ML-powered predictions for Canadian Premium Sand's next move
CalgaryManufacturingEnergyRenewable EnergySolar