Source Energy Services Ltd. (TSX:SHLE) entered into an agreement to acquire Operation of its Peace River Frac Sand Facility from Canadian Silica Industries Inc. and Contractor's Leasing Corp on April 12, 2022. Alcedio Capital acted as financial advisor and Fasken Martineau DuMoulin LLP acted as legal advisor to Canadian Silica Industries Inc. and Contractor's Leasing Corp. Norton Rose Fulbright Canada LLP acted as legal advisor to Source Energy Services Ltd.

Source Energy Services Ltd. (TSX:SHLE) completed the acquisition of Operation of its Peace River Frac Sand Facility from Canadian Silica Industries Inc. and Contractor's Leasing Corp on April 12, 2022.