Mr. Zigurds Vitols reports

SELECT SANDS PROVIDES UPDATE

Select Sands Corp. today shared developments concerning its strategic direction and operational status.

Each of the members of the company's board of directors, other than Zigurds Vitols, as well as the chief financial officer, have provided their resignations in light of the fact that the company has largely ceased operations. Zigurds Vitols will continue in his role as the company assesses its strategic options, and looks for a way to capitalize on its significant tax-loss carry-forward asset with a view to repaying certain of its outstanding liabilities. There is no assurance that the company will be able to conclude a transaction with respect to its tax-loss carry-forwards.

As previously announced on May 13, 2024, Select Sands is currently under a cease trade order from the British Columbia Securities Commission dated May 8, 2024. This action was taken because the company did not submit the necessary audited financial statements, management's discussion and analysis, and certifications for the fiscal year ended December 31, 2023, within the stipulated regulatory deadlines. At present there is no update on the timing to file these documents.

About Select Sands Corp.

Select Sands was formerly an industrial silica product company but is currently proceeding through a liquidation and winding down process.

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