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Canadian Premium Sand Inc. Announces CFO Transition
CPSHCPS Technologies(CPSH) GlobeNewswire News Room·2024-09-27 11:00

Core Viewpoint - Canadian Premium Sand Inc. announces the departure of CFO Cameron Deller and the appointment of Isha Kular as the new CFO, effective October 3, 2024, which is seen as a strategic move to support the company's upcoming construction and operational phases of its solar glass manufacturing facility [1][4]. Group 1: Management Changes - Cameron Deller has served as CFO since August 2021 and has significantly contributed to the company's strategies and financing efforts [2]. - Isha Kular, with over 17 years of experience in finance, returns to CPS after previously serving as Corporate Controller from 2019 to 2020 [3]. Group 2: Strategic Importance - The return of Isha Kular is crucial as the company prepares for the construction and operations phase of its solar glass manufacturing facility, especially following the announcement of up to $272 million in government financial support [4]. - Glenn Leroux, President & CEO, emphasized the value of Kular's expertise in navigating the stages of financing, construction, and operations [5]. Group 3: Company Overview - Canadian Premium Sand Inc. is developing manufacturing capacity for ultra high-clarity, low carbon patterned solar glass at a facility in Selkirk, Manitoba, utilizing high-purity silica sand and renewable energy sources [5].