Canadian Premium Sand Inc. Announces the Resignation of a Director

Canadian Premium Sand Inc. (CPS), based in Calgary, Alberta, announced the resignation of director Rodrigo Sousa, effective January 29, 2026. Sousa has served on the Board since 2018, contributing valuable insights and dedication during his tenure, for which the Company expressed its gratitude.

CPS focuses on developing its Wanipigow silica sand resource located in Manitoba. This project aims to supply high-quality fracture proppant used in the Western Canada Sedimentary Basin and cater to other markets requiring high-purity, low-iron silica sand. These applications include manufacturing processes for products such as solar panels and float glass, which are critical to various sectors including renewable energy and construction.

As a reporting issuer in Ontario, Alberta, and British Columbia, Canadian Premium Sand Inc. operates under the symbol "CPS" on the TSX Venture Exchange, reflecting its commitment to compliance and transparency in financial reporting. In their announcement, CPS also clarified that neither the TSX Venture Exchange nor its Regulation Services Provider is responsible for the accuracy of the information released.

For further information, stakeholders can contact Glenn Leroux, the President and CEO of Canadian Premium Sand, or reach out to the Investor Relations team using the provided contact details.

This transition on the Company's Board is part of CPS's ongoing efforts to enhance its governance structure as it advances its strategic initiatives aimed at leveraging its silica sand resources for broader industrial applications. The resignation of a board member often prompts a reassessment of strategic priorities and further underscores CPS's focus on innovation and operational excellence in the competitive silica sand market.

Canadian Premium Sand Inc. (CPS) is in the spotlight following the resignation of director Rodrigo Sousa, effective January 29, 2026. With Mr. Sousa serving on the board since 2018, this decision may reflect not only personal choices but also strategic shifts within the company. While board changes can sometimes create uncertainty, they also present an opportunity for the company to revamp its vision and governance.

CPS is focused on its Wanipigow silica sand resource in Manitoba, which is poised to serve the growing demand for fracture proppants in the Western Canada Sedimentary Basin. This particular market is seeing increased activity due to robust oil and gas exploration. Additionally, the use of high-purity silica sand in manufacturing solar and float glass positions CPS favorably in the renewable energy sector—a move towards sustainability that appeals to modern investors.

As CPS adapts to these dynamics following the resignation, stakeholders should keep an eye on upcoming board appointments. A new director could bring fresh perspectives, potentially steering the company toward innovative operational strategies or market expansion. Furthermore, with increasing global focus on renewable energy solutions, CPS's alignment with the solar market can enhance its appeal to environmentally-conscious investors.

Investors should remain cautious but consider the long-term prospects of CPS. While short-term volatility may occur due to board transitions, the growth potential tied to silica sand applications remains strong. Monitoring the company’s upcoming announcements and strategic initiatives will be crucial in the short term. Overall, CPS represents a speculative yet potentially rewarding investment opportunity for those looking to capitalize on the intersection of natural resources and renewable energy advancements.