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To: Goose94 who wrote (1728)7/3/2013 11:26:09 AM
From: Goose94Respond to of 202737
 
CN Rail (CNR-T) to serve Alberta frac sand terminal in November - Canadian National Railway Company will start serving a new state-of-the-art frac sand terminal north of Grande Prairie, Alta., starting in November, 2013. The new 20-acre facility being built by Di-Corp of Edmonton will have an annual throughput capacity of 550,000 tons of frac sand and have three tracks capable of holding 44 rail cars for unloading.

Trevor Derksen, vice-president of marketing at Di-Corp, a leading distributor of specialty chemicals, parts and accessories serving mining and drilling industries in Canada and the United States, said: "We are very pleased to be working with CN on this project in northwestern Alberta to help accommodate existing and expected growth in frac sand demand in the Western Canadian Sedimentary Basin.

"CN is an outstanding partner, providing cost-effective and reliable logistics services from frac sand origin in the Wisconsin Basin to destinations in Western Canada."

Doug MacDonald, CN vice-president, Industrial Products, said: "Di-Corp is an important customer of ours, and we expect to help the company move more frac sand to energy markets. The new transloading terminal will create additional offloading and storage capacity at destination and also give our origin frac sand producers in the U.S. Midwest, Manitoba and elsewhere greater supply chain efficiencies and new market opportunities."

Frac sand is used by oil and gas industries in the hydraulic fracturing process to hold shale fractures open and let natural gas and oil flow out.

CN is investing significantly in its frac sand franchise. CN announced last month it was accelerating work on the US$33 million-upgrading of a 74-mile rail line between Wisconsin Rapids and Blair, Wis., to increase car-loading capacity and train velocity for growing frac sand supply chains. In 2012, CN spent US$35 million to restore a 40-mile rail line between Ladysmith and Poskin, Wis., to serve the frac sand market.

MacDonald said: "Customers are at the forefront of CN's business agenda. Through Operational and Service Excellence and continuing innovation, CN is focused on creating value for its customers and transforming the railway into a true supply chain enabler."

We seek Safe Harbor.



To: Goose94 who wrote (1728)7/29/2013 1:16:45 PM
From: Goose94Respond to of 202737
 
Claim Post Resources (CPS-V) increases private placement to $2-million from $1.2 million

July 29, 2013 - News Release

Claim Post Resources Inc. has amended its non-brokered private placement offering, previously announced on July 3, 2013. The company will raise up to $2,000,000 through the issuance of a combination of flow-through units (the "FT Units") at a price of $0.06 per FT Unit and non-flow-through units (the "Units") at a price of $0.05 per Unit. Each FT Unit is composed of one flow-through common share in the capital of the Company and one common share purchase warrant. Each full warrant comprising the FT Units will entitle the holder to acquire one additional common share at an exercise price of $0.10 per share for a period of 36 months from the date of issuance. Each Unit (non-flow-through) is composed of one common share in the capital of the Company and one common share purchase warrant. Each warrant comprising the Units will entitle the holder to acquire one additional common share at an exercise price of $0.10 per share for a period of 36 months from the date of the issuance. The proceeds received from the Offering will be used (1) to carry out a minimum 1,000 meter drilling program towards completing a resource estimation of the "Seymourville Frac Sand Project" in accordance with NI 43-101 rules; (2) to complete a scoping study on the project (Preliminary Economic Assessment); which will give Claim Post the ability to test market forward selling frac sand; and (3) for general working capital purposes.

All Shares issued will be subject to a four (4) month hold period from the date of closing. The Offering is subject to the approval of the TSX Venture Exchange.

At closing of the Offering finder fees of 7% of the proceeds may be payable in cash, and 7% finder warrants which are exercisable for one common share of the Corporation at the price of $0.10 per share and expiring 36 months from the date of closing of the Offering.

The Company also wishes to correct the option references in its press release of July 19, 2013. The press release incorrectly referred to granting of 4,550,000 stock options to directors, officers, employees, consultants and services providers pursuant to the Stock Option Plan of the Company. The correct number of options granted was 2,750,000. There are currently a total of 4,450,000 stock options outstanding.

We seek Safe Harbor.