March 23, 2015 – Vancouver, BC, Canada. – Select Sands Corp. (TSX VENTURE: SNS) (the “Company”) is pleased to announce Arnold Tenney joining the Company board.
Mr. Tenney has been the Chairman and a director of the Tribute Pharmaceuticals (TSXV: TRX; OTCQX: TBUFF) since April 29, 2004. Mr. Tenney was a financial consultant at Devine Entertainment Corporation (“Devine”), a children and family film production and development company from 2002 to 2011. Prior to his position at Devine, Mr. Tenney was Chief Executive Officer of ARC International Corporation from 1978 to 2000. ARC International Corporation was a developer of indoor ice arenas and tennis clubs, as well as an investment company involved in entertainment and cable television. Mr. Tenney was a director and Chairman of the Board of Cabletel Communications from 1985 to 2000, which was a leading supplier of broadband equipment to the cable television industry.
Mr. Tenney was a director of Ballantyne of Omaha, Inc. from 1988 to 2000 and served as Chairman of the Board from 1992 to 2000. Ballantyne of Omaha, Inc. was a leading manufacturer of commercial motion picture projection equipment. Mr. Tenney served as a director for Phillip Services Inc., a Canadian metal recycling company, from 1998 to 2000. He served in such capacity as a representative of Mr. Carl Icahn. Mr. Tenney was chosen to be a Director in light of his experience as a public company director and officer.
“We are very pleased to have Arnold joining our team, who brings in deep knowledge of the industrial and financial markets,” the Company CEO Rasool Mohammad commented. ” Arnold’s addition to the board is at the right time, where the Company is moving from an exploration to a development stage.”
The Company is pleased to announce that it will also be issuing up to 700,000 options at $0.15 to certain officers and directors.
About Select Sands Corp.
Select Sands Sandtown property is underlain by the Ordovician St. Peter sandstone formation, the source of ‘Ottawa White’ Tier-1 frac sand selling into major US oil and gas basins. The Sandtown property is located 3.1 miles from Highway 167, has an active power line on the property, and is about 14.7 miles away from the nearest rail system (See December 4, 2014 News Release). Sandtown has a competitive location advantage of 650 rail miles closer to Texas/Louisiana oil/gas plays over Wisconsin sand mines.
The Company also owns high-grade gold deposits in the La Ronge Gold Belt, northern Saskatchewan, and holds other gold projects located in Ontario and Saskatchewan. The Company’s Preview SW Gold Deposit in Saskatchewan, Canada, has 158,300 Oz gold and 270,800 Oz gold in Indicated and Inferred Categories, 2.6 million tonnes grading 1.89 g/t gold and 5.7 million tonnes grading1.48 g/t gold respectively. The gold deposit remains open to expansion in all directions.
For more information about Select Sands Corp., please visit www.selectsandscorp.com or contact Rasool Mohammad, B.Sc. (Mining), President & CEO.
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.
Select Sands Corp.
Rasool Mohammad, B.Sc. (Mining)
President & CEO