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Hi-Crush Partners LP Announces Pricing of Upsized Primary Offering of Common Units

(GLOBE NEWSWIRE via COMTEX) -- News Release

Hi-Crush Partners LP Announces Pricing of Upsized Primary Offering of Common Units

Houston, Texas, April 29, 2016 - Hi-Crush Partners LP HCLP, -5.77% "Hi-Crush" or the "Partnership", today announced that it has priced a primary public offering of 6,000,000 units representing limited partnership interests in the Partnership (the "common units") for total gross proceeds (before underwriter's compensation and estimated expenses) of approximately $43.8 million. The size of the offering was increased by $3.8 million from the previously announced offering size of $40.0 million. In connection with the offering, the Partnership granted the underwriter a 30-day option to purchase up to an additional 900,000 common units on the same terms. The underwriter intends to offer the common units to be sold in the offering from time to time for sale in one or more transactions on the NYSE, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices, subject to receipt and acceptance by it and subject to its right to reject any order in whole or in part. The Partnership intends to use the net proceeds from this offering for general partnership purposes. The offering is expected to close on or around May 4, 2016, subject to customary closing conditions.

Credit Suisse Securities (USA) LLC is acting as sole book-running manager for the offering.

The offering is being made pursuant to an effective shelf registration statement of the Partnership previously filed with the Securities and Exchange Commission (the "SEC"). The offering may be made only by means of a prospectus supplement and the accompanying prospectus...