Select Sands Engages Kin Communications for Investor Relations
VANCOUVER, British Columbia, Feb. 08, 2018 (GLOBE NEWSWIRE) -- Select Sands Corp. ("Select Sands" or the "Company") (TSXV:SNS) (OTCQX:SLSDF) is pleased to announce that Kin Communications Inc. (“Kin”) has been engaged to provide investor relations services to the Company.
President and CEO of Select Sands, Zigurds Vitols, commented, “We believe that Select Sands with its revenue growth trajectory and net present value (NPV) on our Sandtown and Bell Farm assets is deeply undervalued. We want to build loyal shareholder base moving forward and believe the timing is right for our message to be relayed to the investment community.”
Arlen Hansen, President & CEO of Kin Communications, commented, “We are passionate about the Select Sands story and the development of the operations in Arkansas, and are excited to work with the Company on leveraging our teams’ combined experience, creativity, and technical know-how.”
Kin will be paid CAD$10,000 per month for a 12-month period, and will be granted 350,000 stock options of the Company, exercisable at CAD$0.50 per share. The cash portion of the compensation will paid from the Company’s working capital. The agreement and the grant of options are subject to regulatory approval. The Company has been advised that neither Kin nor its principals currently own any shares of Select Sands.
About Select Sands Corp.
Select Sands’ Sandtown property, located in northeast Arkansas, USA, is underlain by the Ordovician St. Peter sandstone formation, which is a major source of ‘Ottawa White’ Tier-1 frac sand/industrial sand selling into major US oil and gas basins as well as industrial and speciality end markets. The Sandtown property is located 3.1 miles from Highway 167 near a natural gas pipeline. The property has an active power line on the property and is located approximately 14.7 miles from the nearest rail system (see December 4, 2014 News Release). Compared to competitive sand mines located in Wisconsin owned by the largest US frac sand producers, Sandtown has a competitive location advantage as it is approximately 650 rail miles closer to the Texas/Louisiana oil/gas plays as well as the Houston port and industrial hub.
For more information about Select Sands Corp., please visit www.selectsandscorp.com or contact:
Zigurds Vitols
President & CEO
Phone: (604) 639-4533
Investor Relations
Arlen Hansen
Phone: (604) 684-6730
FORWARD-LOOKING INFORMATION
Neither 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.
This News Release includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Information and statements which are not purely historical fact are forward-looking statements. Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein. Although the Company believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking information and statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.