Select Sands Announces Grant of Options

VANCOUVER, British Columbia , April 13, 2018 (GLOBE NEWSWIRE) — Select Sands Corp. (“Select Sands” or the “Company”) (TSXV:SNS) (OTC:SLSDF)  today announced that certain officers and directors have been issued an aggregate of 2,400,000 options pursuant to the Company’s option plan.  Each option is exercisable into one common share at an exercise price of Cdn$0.39 at any time on or before the fifth anniversary of its issuance.  The vesting terms for the grants vary with a portion vesting on grant and a portion vesting on the six month anniversary of the grant for certain officers and directors and for certain other directors one half vest on the six month anniversary of the grant with the remainder vesting on the 12 month anniversary of the grant.  In addition, Kin Communications was granted a total of 350,000 options pursuant to their investor relations agreement.   Each option is exercisable into one common share at an exercise price of Cdn$0.50 at any time on or before the fifth anniversary of the issuance.  Such options vest quarterly over the next 12 months commencing on July 12, 2018.

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