CPS Undertakes a Capital Optimization Review and Updates Corporate Presentation

Thursday August 29, 2019

CPS Undertakes a Capital Optimization Review and Updates Corporate Presentation

CPS is undertaking a comprehensive capital optimization review to identify operating and capital cost reductions to the cost figures in the Technical Report.

In conjunction with the capital optimization review, management continues to engage in ongoing conversations with several potential customers, trucking providers and transload and railway operators in an effort to refine its business plan.

“The capital optimization review and business plan refinement will improve an already attractive investment opportunity, with the goal being to achieve meaningful reductions in initial capital cost,” said Glenn Leroux, President  & CEO.

Management has also updated its investor website and corporate presentation on www.canadianpremiumsand.com containing information pertaining to the Project, including a market analysis, economic projections and a general overview of the sales and marketing and transportation logistics plan to develop the Wanipigow Sand resource.