Investment Opportunity
sand Sales Powerd by VRTCLS
Based in West Texas, Veritas Sand Mining LLC is a new player in the Frac Sand mining sector. The company has secured a lease for 5,500 acres of prime land along the Texas-New Mexico border, with confirmed reserves exceeding 450 million tons. With construction finalized and most equipment acquired, Veritas is just one step away from launching production and seeks $1.5 to $4 million in additional investment to achieve this milestone.
Cushion Sand
Investment Opportunity
Fracc Sand
Sand Mine
faq
Frac Sand Investment Opportunity
This opportunity provides a unique return to investors, and has a technology element to its overall business process that makes it a great showcase for old-shool land investing and geeks can provide accretive value when put together.
LAT 32° 4’55.20”N
LONG 102°52’20.80″W
Available upon request:
Veritas Sand Mining LLC (herein referred to as ‘Veritas or ‘the Company’) is a start-up aggregate mining company located in West Texas. As of the date of this Prospectus, Veritas has secured the lease to nearly 5,500 acres along the Texas-New Mexico border that contains over 450-million tons of provable feedstock.
The demand for aggregate materials in the energy sector, specifically frac sand, is projected to experience unprecedented growth due to expected expansion of the oil and gas industries under the incoming administration. Situated in the heart of the Permian Basin, Veritas presents a prime opportunity for extracting and supplying aggregate materials to meet this demand.
Veritas is offering investors an opportunity to purchase a 25% equity share of the Company in exchange for a $3,500,000 investment. This capital will be strategically allocated to key areas essential for kickstarting operations:
1. Equipment Acquisition: A significant portion of the funds will be used to purchase the remaining equipment necessary to initiate production. This includes state-of-the-art extraction and processing machinery that will enhance operational efficiency and product quality.
- Deep-Water Well Drilling: We plan to drill a deep-water well on the property to ensure a reliable water supply for our operations. This is critical for both extraction/wash processes and environmental sustainability, allowing us to minimize our ecological footprint.
- Infrastructure Payments: The investment will also facilitate the completion of payments on the existing infrastructure already in place on the property. This infrastructure includes access roads, power supply, and processing facilities that will enable us to start operations with minimal delays.
Our operation is projected to be fully operational within just 6 weeks following the investment. This rapid turnaround reflects our efficient planning and execution strategy, enabling us to capitalize quickly on market demand. Investors can expect principal repayment within 24 months, supported by strong cash flow projections. The anticipated internal rate of return (IRR) for this investment is nearly 44%, making this a compelling opportunity for those looking to invest in a high-growth sector with substantial returns.
CORPORATE OVERVIEW
Veritas Sand Mining LLC is a manager-managed Texas limited liability company. The Manager is Dan Huber.
LEADERSHIP
Dan Huber
Daniel P. Huber is currently a Founding Partner and CEO at Veritas Sand Mining LLC. Veritas is a frac sand mining operation based in Kermit, TX looking to implement innovative practices that support their commitment to sustainability.
Prior to founding Veritas, Mr. Huber served as CEO of Capitan Energy, Inc.(‘Capitan’), a Texas oil exploration and production company. During his 11+ year tenure at Capitan, Mr. Huber supported the growth of the company from 4 producing wells to 77 producing wells and a valuation of over $2 Billion.
During his tenure as CEO of Capitan, Mr. Huber cultivated and maintained various relationships in the industry that will serve as the core buyers at the initiation of Veritas.
David McClelland
David McClelland is the founding attorney of the McClelland Law Firm and the managing member of multiple companies, including Yellowstone Title fee offices. He has over 25 years of real estate
INVESTOR PROSPECTUS VERITAS SAND MINING LLC – CONFIDENTIAL PAGE 4
experience, ranging from residential and multifamily development, capital markets advisory, and complex real estate litigation. He is licensed to practice law in the State of Texas and admitted to argue before the United State Supreme Court.
How will the Investor stay informed about the progress of the mine?
– Investors will have access to software, reports, meetings, and direct communication to stay informed about operational milestones and financial performance.
How often will profits be distributed?
– Profits are expected to be distributed quarterly.
What is the estimated lifespan of the mine?
– Conservatively, the mine is expected to have a lifespan of well over 50 years.
When can the Investor exit?
– Veritas will require a minimum hold period of 24 months. Investor may exit anytime thereafter. The General Partner will be given first right to purchase Investors equity share at market value.
OPERATIONS
FSS Services, LLC
FSS Services, LLC (‘FSS’) is the third-party contractor engaged to manage day-to-day operations for Veritas. FCC is owned and operated by Jody Finley. FSS is under contract to handle extraction operations priced at $600/hour/plant (roughly $2.50/ton). The fee includes site management, employees, equipment, and fuel.
Mr. Finley has over 30 years of experience in the aggregate and mining industry. He has earned a national reputation as a trusted, passionate principal and advisor, who has assembled a demonstrative track record of success in the development and operation of businesses in the aggregate and construction industries.
Mr. Finley’s experience includes all aspects associated with the design, implementation, servicing, and management/operations of mining infrastructure and transportation/logistics for mined materials, construction materials and aggregate for construction industries.
Mr. Finley’s uniquely differentiated and superior capabilities are reflected in his significant experience in designing and manufacturing technologies for the aggregate processing industry, specifically sand, gravel, and crushed stone. Additionally, Mr. Finley has significant experience and expertise in complex mining projects with challenging permitting processes, evolving environmental regulations, and which require collaboration with local communities.
Mr. Finley is also the founder of Flintstone Services, a large-scale dirt work/earth moving company, which offers numerous service offerings for both earth moving and construction projects. Flintstone Services and Mr. Finley have built an extensive clientele base from years of hard work and operating with integrity.
September 26, 2024
Daniel Huber
Veritas Sand Mining, LLC 4412 Matlock Rd.
Suite 300
Arlington, TX 76018
Dear Mr. Huber,
American Conservation Foundation (ACF) is writing in follow-up to your notice of intent to enroll in the Texas Conservation Plan (TCP) received on June 19, 2024.
ACF did receive all required new enrollment information to include your final shapefile with an agreement on the number of acres enrolled on June 19, 2024, completed 2023-2024 Management Plan on June 19, 2024, signed Certificate of Inclusion (CI) on September 18, 2024, and payment in full for your 2023-2024 Enrollment Fee (Invoice # VSM1093) on August 5, 2024, and 2023- 2024 Assessment Fee (Invoice # VSM1094) on September 23, 2024.
ACF now considers Veritas Sand Mining, LLC (CI Number 1C24-006) fully enrolled in the Texas Conservation Plan (TCP) under the U.S. Fish and Wildlife Permit (ES55322A-4) as of September 18, 2024, and in good standing.
ACF will invoice on/around October 15, 2024, for your 2024-2025 Enrollment Fee (due on/by December 15, 2024) and 2024-2025 Assessment Fee (if applicable) due within 90 days of receipt of invoice.
If you have any further questions, please don’t hesitate to contact ACF. Sincerely,
Gene Richardson President/Treasurer
In addition to the total frac sand resource, the “potentially mineable” frac sand resource was estimated using a pay cut-off criteria of a minimum of 75% cumulative weight retained on the 140 mesh screen. The gross dune sand thickness was then reduced based on the 75% cut-off criteria as indicated by the lab testing results. The reduced sand thickness was then multiplied by the average Total Product Weight Percentage for the reduced thickness interval. Assuming the same weighted average in situ sand density of 1.53 g/cc as reported by the USDA Custom Soils Report (Attachment 8), the Sand Hills Property yields an estimated 597.24 million tons of potentially mineable frac sand resource (40/140) in place (detail shown in Attachment 6 – Potentially Mineable Frac Sand Resource Thickness Map).
Got Questions? Call Jeff Cline 972-800-6670
We work closly with the leadership of this opportunity, and would be happy to make an introduction. We would love to share what we are working on and how geeks play a part in this overall process to meet our business objectives.