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 75,000 options to the company's chief financial officer. The options are exercisable at 23 cents per common share and expire April 21, 2030. As of the date hereof, there are 92,627,156 common shares issued and outstanding, and, therefore, a maximum of 9,262,716 options, restricted stock units, deferred stock units, performance stock units and other share-based awards may be issued under the plan on a combined basis, of which an aggregate of 6,277,000 options have been granted.

About Canadian Premium Sand Inc.

The company is developing North American manufacturing capacity for ultrahigh-clarity pattern solar glass through multiple facilities, utilizing high-purity low-iron silica sand from its wholly owned Wanipigow quarry leases.

The company's proposed low-carbon facility in Selkirk, Man., intends to utilize renewable Manitoba hydroelectricity with the potential to produce six gigawatts of low-carbon solar glass annually. The company's planned facility located in the United States could produce an additional four gigawatts of domestic solar glass. With 10 gigawatts of annual proposed solar glass manufacturing capacity, the company is well positioned to become the largest and preferred supplier in North America. The company is a reporting issuer in Ontario, Alberta and British Columbia. Its shares trade on the TSX Venture Exchange under the symbol CPS.