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Urban Select Announces it has Engaged Norwest Corporation to Complete Due Diligence Drilling
Published May 1 2018
3 min read

Urban Select Announces it has Engaged Norwest Corporation to Complete Due Diligence Drilling

Urban Select Announces it has Engaged Norwest Corporation to Complete Due Diligence Drilling




Urban Select Announces it has Engaged Norwest Corporation to Complete Due Diligence Drilling



Vancouver, British Columbia (FSCwire) - Urban Select Capital Corporation (TSX-V: CH) (“Urban Select” or the “Company”) announces it has engaged Norwest Corporation to complete its due diligence drilling on its proposed investment, the Eagle Creek property, as outlined in our news release dated April 29, 2018.  Norwest is available to begin drilling in early May 2018.

 

“We are excited about engaging Norwest to complete our due diligence drilling,” comments Min Kuang, president and CEO of Urban Select.  “Norwest is familiar with the Eagle Creek area of Saskatchewan and has had a lot of experience with hydraulic fracture sand assets.  They have 10 offices around the world and have worked on every continent.”

 

About Norwest Corporation:

 

Norwest was founded in 1979 by a group of engineers and geologists who recognized the need for practical and impartial mining consulting and geological services.  These founders simultaneously opened offices in Canada and the United States and began working with mining companies on projects such as reserve audits, geological modeling, mine planning, financial evaluations, feasibility studies and operations audits.

 

Today Norwest has more than 125 full-time professional and support personnel, supplemented by an additional 50 associates.  Together they have successfully completed consulting projects in virtually all the major coalfields, mining districts, and energy producing regions in the world.  Norwest’s client list spans the globe and includes the leading mining and energy companies, international financial institutions, electric utilities and government agencies.  These clients are served through Norwest offices located in the USA, Canada, Brazil and India.

 

About Frac Sand:

 

Frac Sand is a proppant used in the oil and gas industry as a part of the hydraulic fracturing process - a means of increasing flow to the wellhead.  Frac sand must have particular characteristics including achieving certain levels of crush resistance, sphericity, and roundness.  It is therefore a relatively rare commodity.

 

About Urban Select Capital Corp.

 

Urban Select Capital Corp. is an investment issuer focused on investing growth capital in private and public companies in a broad range of sectors including natural resources, media & entertainment, education, healthcare and consumer retail services.  Urban Select’s management team is composed of investment professionals combining an Asian background with Western education and extensive experience in investment banking, venture capital and fund management in Canada, China and the U.S.

 

For further information, please contact:

 

David Yoo

Chief Financial Officer and Managing Director

Phone: 604-689-0618

 

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.

 

Caution Regarding Forward-Looking Statements – This news release contains certain forward-looking statements, including statements regarding the business of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf except as required by law.







Source: Urban Select Capital Corp. (TSX Venture:CH, FWB:1QD)

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