Canadian Premium Sand Inc (TSE:CPS) has released an update.
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Canadian Premium Sand Inc. has announced significant financial backing, with up to $272 million in support from the Canadian and Manitoba governments for their solar glass manufacturing facility. This support includes a mix of non-dilutive funding, low-interest loans with forgivable portions, and tax incentives which collectively aim to reduce the project’s capital costs and promote Indigenous group participation.
For further insights into TSE:CPS stock, check out TipRanks’ Stock Analysis page.