Hi-Crush Partners LP Files 2018 10-K
19 Fevereiro 2019 - 9:14PM
Hi-Crush Partners LP (NYSE: HCLP), "Hi-Crush" or the "Partnership",
today announced that it has filed its Annual Report on Form 10-K
for the fiscal year ended December 31, 2018 with the Securities and
Exchange Commission. A copy of this 10-K is available on
Hi-Crush’s website at www.hicrush.com in the Investors–SEC
Filings section.
The Partnership has also made its 2018 Annual Letter from the
CEO available on Hi-Crush’s website at www.hicrush.com in the
Investors section. Hi-Crush unitholders may receive hard
copies of these documents free of charge upon request by emailing
ir@hicrush.com or by calling (713) 980-6270.
About Hi-Crush
Hi-Crush is a fully integrated, strategic
provider of proppant and logistics solutions to the North American
petroleum industry. We provide mine-to-wellsite logistics services
that optimize proppant supply to customers in all major oil and gas
basins in the United States, and own and operate multiple frac sand
mining facilities and in-basin terminals. Our PropStream® service,
offering both container- and silo-based wellsite delivery and
storage systems, provides the highest level of flexibility, safety
and efficiency in managing the full scope and value of the proppant
supply chain. Visit HiCrush.com.
No Solicitation
This communication relates to the proposed
conversion of the Partnership from a Delaware limited partnership
to a Delaware corporation (the "Conversion"). This communication is
for informational purposes only and does not constitute a
solicitation of any vote or approval, in any jurisdiction, pursuant
to the Conversion or otherwise.
Important Additional
Information
In connection with the Conversion, the
Partnership has filed with the Securities and Exchange Commission
(the "SEC") a proxy statement. The Conversion will be submitted to
Partnership’s unitholders for their consideration. The Partnership
may also file other documents with the SEC regarding the
Conversion. The definitive proxy statement will be sent to the
unitholders of the Partnership. This document is not a substitute
for the proxy statement that will be filed with the SEC or any
other documents that the Partnership may file with the SEC or send
to unitholders of the Partnership in connection with the
Conversion. INVESTORS AND SECURITY HOLDERS OF THE PARTNERSHIP ARE
URGED TO READ THE PROXY STATEMENT THAT HAS BEEN FILED REGARDING THE
CONVERSION AND ALL OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL
BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO
THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL
CONTAIN IMPORTANT INFORMATION ABOUT THE CONVERSION AND RELATED
MATTERS.
Investors and security holders are able to
obtain free copies of the proxy statement and all other documents
filed or that will be filed with the SEC by the Partnership through
the website maintained by the SEC at http://www.sec.gov. Copies of
documents filed with the SEC by the Partnership will be made
available free of charge on the Partnership’s website at
www.hicrush.com, under the heading "Investors," or by directing a
request to Investor Relations, Hi-Crush Partners LP, 1330 Post Oak
Blvd., Suite 600, Houston, TX 77056, Tel. No. (713) 980-6270.
Participants in the
Solicitation
The Partnership is managed and operated by the
board of directors and executive officers of its general partner,
Hi-Crush GP LLC (our "General Partner"). The Partnership, our
General Partner and our General Partner’s directors and executive
officers may be deemed to be participants in the solicitation of
proxies in respect to the Conversion.
Information regarding our General Partner’s
directors and executive officers is contained in the Partnership’s
Annual Report on Form 10-K for the 2018 fiscal year filed with the
SEC on February 19, 2019, and certain of its Current Reports on
Form 8-K. You can obtain a free copy of these documents at the
SEC’s website at http://www.sec.gov or by accessing the
Partnership’s website at www.hicrush.com.
Investors may obtain additional information
regarding the interests of those persons and other persons who may
be deemed participants in the Conversion by reading the proxy
statement regarding the Conversion. You may obtain free copies of
this document as described above.
Forward-Looking Statements
Some of the information in this news release may
contain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. Forward-looking
statements give our current expectations, and contain projections
of results of operations or of financial condition, or forecasts of
future events. Words such as "may," "should," "assume," "forecast,"
"position," "predict," "strategy," "expect," "intend," "hope,"
"plan," "estimate," "anticipate," "could," "believe," "project,"
"budget," "potential," "likely," or "continue," and similar
expressions are used to identify forward-looking statements. They
can be affected by assumptions used or by known or unknown risks or
uncertainties. Consequently, no forward-looking statements can be
guaranteed. When considering these forward-looking statements, you
should keep in mind the risk factors and other cautionary
statements in Hi-Crush’s reports filed with the SEC, including
those described under Item 1A of Hi-Crush’s Form 10-K for the year
ended December 31, 2018 and any subsequently filed 10-Q.
Actual results may vary materially. You are cautioned not to place
undue reliance on any forward-looking statements. You should also
understand that it is not possible to predict or identify all such
factors and should not consider the risk factors in our reports
filed with the SEC or the following list to be a complete statement
of all potential risks and uncertainties. Factors that could cause
our actual results to differ materially from the results
contemplated by such forward looking statements include: the volume
of frac sand we are able to sell; the price at which we are able to
sell frac sand; the outcome of any pending litigation, claims or
assessments, including unasserted claims; changes in the price and
availability of natural gas or electricity; changes in prevailing
economic conditions; difficulty collecting receivables; statements
regarding the Conversion; descriptions of our operations and
anticipated future performance following the Conversion; and the
risk that we may be unable to obtain unitholder approval for the
Conversion or achieve expected benefits of the Conversion, or that
it may take longer than expected to achieve those benefits. All
forward-looking statements are expressly qualified in their
entirety by the foregoing cautionary statements. Hi-Crush’s
forward-looking statements speak only as of the date made and
Hi-Crush undertakes no obligation to update or revise its
forward-looking statements, whether as a result of new information,
future events or otherwise.
Investor contact:Caldwell
Bailey, Lead Investor Relations AnalystMarc Silverberg,
ICRir@hicrush.com(713) 980-6270
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