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Canadian Premium Sand Inc . Announces Extension of Warrants Canadian Premium Sand Inc. announced today that it has extended the expiration date of its warrants to

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA CALGARY, Alberta, Aug. 23, 2024 (GLOBE NEWSWIRE) — Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce that it intends to extend the expiry date of an aggregate of 26,494,908 warrants (the “Warrants”) to purchase an aggregate of 26,494,908 common shares (“Common Shares”) of the Company. The Warrants were issued pursuant to a private placement unit offering that closed August 31, 2022 and are currently set to expire on August 31, 2024. The Company intends to extend the expiry date by 4 months to December 31, 2024. All other terms of the Warrants, including the exercise price of $0.40 per Common Share, will remain unchanged.

In the event that the 30-day volume weighted average trading price of the Common Shares on the TSX Venture Exchange (the “TSXV”) is at or greater than $0.90 per Common Share, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof, and in such case, the Warrants will expire on the 30th day after the date on which such notice is given by the Company. The Company believes that the extension is justified to ensure that the holders of the Warrants have additional time to exercise their Warrants as CPS continues to remain engaged with the Province of Manitoba and the Government of Canada to progress potential financial incentive packages, as previously announced by the Company on May 23, 2024, for its integrated patterned solar glass manufacturing facility in Selkirk, Manitoba.

Securities Act”). These securities are being offered and sold in reliance on an exemption from registration provided by Section 4(a)(2) of the U.S. This exemption is available to issuers of securities that are not “publicly traded securities” as defined by the U.S.

* The company has a total of 9,448,419 Warrants outstanding. * These Warrants are held by parties considered to be “related parties” of the Company. **Detailed Text:**

The company’s financial health and the potential for future growth are significantly influenced by the number of Warrants outstanding.

The Company is developing manufacturing capacity for ultra high-clarity patterned solar glass through a Company-owned facility to be located in Selkirk, Manitoba that utilizes the high-purity, low-iron silica sand from its wholly owned Wanipigow quarry leases and renewable Manitoba hydroelectricity. The Company is a reporting issuer in Ontario, Alberta and British Columbia. Its shares trade on the TSXV under the symbol “CPS”. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. CONTACT INFORMATION: Canadian Premium Sand Inc. Glenn Leroux Cam Deller President and Chief Executive Officer Chief Financial Officer glenn.leroux@cpsmail.com cam.deller@cpsmail.com

** This text is a brief introduction to a company, CPS Glass. It includes the company’s contact information for investor relations, their website, and a disclaimer regarding forward-looking statements.

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