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CALGARY, Alberta, July 27, 2022 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce it has entered into an agreement with Peters & Co. Limited and Fort Capital Partners (together, the "Agents") in connection with a best efforts private placement financing of up to 27,000,000 units of the Company (each, a "Unit") at a price of $0.30 per Unit (the “Issue Price”) for gross proceeds to the Company of up to $8,100,000 (the “Offering”).