Canadian Premium Sand Inc. Announces Participation in Canada Investment Summit
Canadian Premium Sand (TSXV: CPS) is participating in the inaugural Canada Investment Summit, hosted by Prime Minister Mark Carney on September 14-15 in Toronto. The company's proposed 600 tonne-per-day float glass facility in Selkirk, Manitoba is included in the Summit prospectus and the Manitoba Deal Book, putting the project in front of institutional investors, sovereign wealth funds, private equity and public capital sources. CEO Glenn Leroux framed the project as a nation-building opportunity, noting Canada is currently 100% reliant on imported float glass to support 30,000 jobs and a $2 billion industry; CPS is working to secure domestic offtakes sufficient to finance the build.
Key figures
- Facility capacity tpd
- 600 tonnes per day
- Summit investment goal
- $1 trillion over five years
- Canada glass industry value
- $2 billion
- Canada float glass import reliance
- 100%
- Canada glass industry jobs supported
- 30000
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