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Day: April 10, 2026

Canadian Premium Sand Inc. Completes $1 Million Convertible Debenture Offering

Written by Customer Service on . Posted in Public Companies.

NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION OVER UNITED STATES NEWSWIRE SERVICES. CALGARY, Alberta, April 09, 2026 (GLOBE NEWSWIRE) — Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce that it has completed its non-brokered private placement (the “Offering“) of secured convertible debentures (the “Convertible Debentures”) previously announced on March 2, 2026. Pursuant to the Offering, the Company accepted subscriptions for the Convertible Debentures totaling approximately $1 million. The net proceeds of the Offering will be used for general working capital purposes as it continues to advance strategic initiatives with the continued support of its significant shareholders. The Convertible Debentures bear interest at 12% per annum, compounded quarterly from the date of...

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