Canadian Premium Sand Inc. Announces Participation in Canada Investment Summit
CALGARY, Alberta, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce that it is participating in the inaugural Canada Investment Summit (the “Summit”) hosted by Prime Minster Mark Carney on September 14th and 15th in Toronto, Ontario, providing the Company with an exceptional opportunity to engage with leading institutional investors from around the world and to demonstrate how CPS can contribute to long-term economic growth while delivering value to shareholders, stakeholders, partners and the communities in which we operate.
The Company’s proposed vertically integrated 600 tonne per day float glass manufacturing facility in Selkirk, Manitoba utilizing its wholly owned low-iron silica sand resource (the “Project”) will be included in the Summit prospectus for distribution to all Summit participants.
“We are honoured to be included in the prospectus for the inaugural Canada Investment Summit,” said Glenn Leroux, President & CEO of CPS. “Canada is currently 100% reliant on imported float glass to support 30,000 jobs and a $2 billion industry. Our Project can reduce this dependency by providing Canada with a secure domestic supply of high-quality glass and set a foundation to build a more diversified glass industry in Canada. With established Indigenous and local community partnerships, a wholly owned unique silica resource and permitted projects, the CPS Project represents an important nation-building opportunity for Canada.”
The Company’s project is also included in the Manitoba Deal Book promoted at the Summit by Premier Wab Kinew. Participants at the Summit include large international investors and sovereign wealth funds, along with private equity firms and sources of public capital.
On September 15th, the Company is also participating in a roundtable on critical minerals hosted by Dentons and Invest in Alberta, in association with the Province of Manitoba. The roundtable will focus on a range of topics structured to drive discussion on how critical minerals projects can attract financing.
As part of the Company’s ongoing strategic review announced earlier this year, one of the development options the Company has advanced through the process is the manufacturing of float glass for use in residential and commercial buildings. With no current manufacturing of float glass in Canada, the Project is critical in enabling the domestic industry to secure independence from US imports. The Company is working to secure offtakes with the Canadian customer base sufficient to support financing the Project.
About Canada Investment Summit
The Summit is hosted by Prime Minister Mark Carney in partnership with Canada Pension Plan Investment Board and Public Sector Pension Investment Board, two of Canada’s largest institutional investors. The Summit is part of the Government of Canada’s broader objective to catalyze $1 trillion of total investment in Canada over the next five years, including investment that expands domestic manufacturing, creates good, long-term jobs and strengthens Canadian supply chains.
Structured as a practical forum, the Summit is focused on long-horizon capital, commercial opportunity and productive assets that strengthen growth and resilience. To help advance projects like the Project, the Summit aims to mobilize long term capital, create high-quality jobs, strengthen global supply-chain integration and enhance Canada’s competitiveness and economic resilience.
About Canadian Premium Sand Inc.
Canadian Premium Sand Inc. is developing its Wanipigow silica sand resource in Manitoba to supply high specification, high purity, low iron silica sand for vertically integrated manufacturing of float glass and solar glass, fracture proppant for the Western Canada Sedimentary Basin, and a range of other industrial and manufacturing applications. The Company is a reporting issuer in Ontario, Alberta and British Columbia. Its shares trade on the TSX Venture Exchange under the symbol "CPS".
Neither the 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.
| CONTACT INFORMATION: |
| Canadian Premium Sand Inc. |
| Glenn Leroux |
| President and Chief Executive Officer |
| glenn.leroux@cpsmail.com |
| Investor Relations |
| IR@cpsmail.com |
| 587.355.3714 |
| https://cpsglass.com |
Forward-Looking Information
Certain statements contained in this press release constitute forward-looking statements relating to, without limitation, expectations, intentions, plans and beliefs, including information as to the future events, results of operations and the Company’s future performance (both operational and financial) and business prospects. In certain cases, forward-looking statements can be identified by the use of words such as “expects”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “plans”, “seeks”, “projects” or variations of such words and phrases, or state that certain actions, events or results “may” or “will” be taken, occur or be achieved. Such forward-looking statements reflect the Company's beliefs, estimates and opinions regarding its future growth, results of operations, future performance (both operational and financial), and business prospects and opportunities at the time such statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or circumstances should change. Forward-looking statements are necessarily based upon a number of estimates and assumptions made by the Company that are inherently subject to significant business, economic, competitive, political, geopolitical and social risks, uncertainties and contingencies and the other risk factors outlined in CPS’s most recent Management’s Discussion and Analysis which is available on SEDAR+ at www.sedarplus.ca. Forward-looking statements are not guarantees of future performance. In particular, this press release contains forward-looking statements pertaining, but not limited, to: the purpose and goal of CPS attending the Summit and the potential benefits to be derived therefrom including the ability to engage with investors to demonstrate to attendees how CPS can contribute to long-term economic growth while delivering value to shareholders, stakeholders, partners and the communities in which we operate; the ability to finance the Project including obtaining offtake agreements for this purpose; and the Company's objectives, strategies and competitive strengths. By their nature, forward-looking statements involve numerous current assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from those anticipated by the Company and described in the forward-looking statements. The forward-looking information and statements contained in this document speak only as of the date hereof and the Company does not assume any obligation to publicly update or revise them to reflect new events or circumstances, except as may be required pursuant to applicable laws.
