Mr. Glenn Leroux reports

CANADIAN PREMIUM SAND INC. ANNOUNCES OPTION GRANTS

Canadian Premium Sand Inc. has granted share options to acquire common shares under its omnibus equity incentive compensation plan.

The company granted 1,695,000 options, including 475,000 granted to its independent directors and 1.22 million to its executive officers and employees. The options are exercisable at 59 cents per common share expiring May 23, 2028. As of the date hereof, there are 78,549,660 common shares issued and outstanding, and therefore, a maximum of 7,854,966 options, restricted stock units, deferred stock units, performance stock units and other share-based awards that may be issued under the plan on a combined basis are issuable under the plan, of which an aggregate of 4.41 million options have been granted.

About Canadian Premium Sand Inc.

The company is developing manufacturing capacity for ultrahigh-clarity patterned solar glass through a company-owned facility to be located in Selkirk, Man., that utilizes the high-purity, low-iron silica sand from its wholly owned Wanipigow quarry leases and renewable Manitoba hydroelectricity. The company is a reporting issuer in Ontario, Alberta and British Columbia. Its shares trade on the TSX Venture Exchange under the symbol CPS.