05:21 PM EDT, 05/23/2024 (MT Newswires) -- Canadian Premium Sand ( CLMPF ) on Thursday said it is advancing progress on its integrated patterned solar glass manufacturing facility in Selkirk, Manitoba.

The company said it is in talks with debt and equity investors that have expressed an interest in financing the project, while it is also talking to the federal and provincial government on "potential financial incentive packages".

"We look forward to successfully financing our Project in 2024 and to moving the company from development to operational with the start of construction and subsequent operation of our integrated patterned solar glass manufacturing facility. The opportunity to establish this project in Selkirk offers significant economic development benefits to the Province of Manitoba and to Canada and aligns well with stated government initiatives for Canada to support the North American clean energy supply chain, chief executive Glenn Leroux said in a statement.

The company is developing manufacturing capacity for ultra high-clarity patterned solar glass through a facility that utilizes the high-purity, low-iron silica sand from its wholly owned Wanipigow quarry leases and renewable Manitoba hydroelectricity.