Select Sands Corp. is issuing an update regarding the Company's operations and future direction. On July 16, 2024, our primary lender issued a demand letter serving as final notice of default to bring our account current by August 1, 2024 to avoid foreclosure and the invocation of power of sale on collateralized assets and associated costs. As of July 16, 2024, the past due amount is US$249,863, the total outstanding indebtedness owing to the lender is US$11,648,055 and interest is accruing at US$2,092 per day. In response to the evolving market dynamics and recent challenges, Select Sands, in late April of this year, made a strategic decision to temporarily pause operations. This decision was influenced by lower-than-anticipated oil and gas activity in key basins, a cautious...