VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 23, 2016) - Select Sands Corp. ("Select Sands" or the "Company") (TSX VENTURE:SNS)(OTCQX:SLSDF) today announced that Zigurds "Zig" Vitols, the Company's current Chief Operating Officer, has been appointed President and CEO of the Company. Mr. Vitols will be replacing Rasool Mohammad, who will be taking on a new role as Chief Operating Officer of Select Sands and President of American Select Corp., a wholly owned U.S. subsidiary of Select Sands. Mr. Mohammad will be moving to Houston, Texas during 2017 and Mr. Vitols will continue to be based in Houston.
"The Company is going through a very important transition period as we move towards production. I am very pleased to have Zig leading the Company during our next phase of growth," commented Rasool Mohammad. "Zig's skill set and experience will serve the Company well as we work to achieve full production status in 2017. More importantly, we continue to share a common vision of what the Company can achieve in the coming years."
"The Company now enters the operational stage of its development and the Board of Directors has assembled a team that will continue to guide management in critical strategies and consequently management will take thoughtful and deliberate actions on its pathway to the next level," said the new CEO Zig Vitols. "Rasool Mohammad has been a key driver in the Company's development to this point and he will continue to focus on operational capabilities, M&A opportunities and assembling a first-rate operational team. The Company will maintain its initiative of growth in the industrial use markets while preparing operations to meet the resurgence of the Oil & Gas sector."
About Select Sands Corp.
Select Sands Corp. is an industrial Silica Product company developing its 100% owned, 520-acre Northern White, Tier-1, silica sands project located in Arkansas, U.S.A. Select Sands' goal is to become a key supplier of premium industrial silica sand and frac sand to the North American markets. Select Sands' Arkansas property has a significant logistical advantage of being approximately 650 rail-miles closer to oil and gas markets located in Oklahoma, Texas, New Mexico, and Louisiana.
For more information about Select Sands Corp., please visit www.selectsandscorp.com.
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This news release includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include the Company's ability to achieve full production status in 2017. Information and statements which are not purely historical fact are forward-looking statements. Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein. Although the Company believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking information and statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.