Mr. Glenn Leroux reports

CANADIAN PREMIUM SAND INC. ANNOUNCES ACKNOWLEDGMENT OF SUPPORT FROM THE PROVINCE OF MANITOBA

Canadian Premium Sand Inc. acknowledges the support for its project from the Province of Manitoba. At a press conference held in Selkirk, Man., on Feb. 14, 2024, the Manitoba government announced that it is moving forward with its support for the company's integrated solar glass manufacturing facility to be constructed in Selkirk using low-iron silica sand extracted near Hollow Water First Nation.

"We are very pleased to see this announcement from the Premier of Manitoba and the Environment and Climate Change Minister," said Glenn Leroux, president and chief executive officer of Canadian Premium. "We know how important this project is to meeting the goals of the critical minerals strategy and bringing economic benefit to the province."

"This project will be the only integrated patterned solar glass manufacturing facility in North America and enable a made-in-Canada solution to combatting climate change," continued Mr. Leroux. "Using Manitoba's clean hydroelectric energy, our project will produce solar glass with 50 per cent less embedded carbon than Asia-Pacific competitors."

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.

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