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Progressive Planet Solutions Inc. (PLAN.V)

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  • H
    Harold
    THAT DIDN'T TAKE LONG-PP COMPLETED
    The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 22, 2020, and Jan. 7, 2021.

    Number of shares:7.5 million shares Purchase price:10 cents per share Warrants:7.5 million share purchase warrants to purchase 7.5 million shares Warrant exercise price:15 cents for a one-year period Number of placees:29 placeesInsiders:Countryman Investments Ltd. (George Richardson), one million; The Howard Group (Grant Howard), 350,000Total pro group involvement:350,000 (two placees) Finders' fees:Mackie Research Capital Corp., $7,500 cash and 75,000 broker warrants payable; PI Financial Corp., $7,500 cash and 75,000 broker warrants payable; Canaccord Genuity Corp., $12,750 cash and 127,500 broker warrants payable (Each broker warrant is exercisable into one common share at 10 cents for one year from closing.)
  • H
    Harold
    MANAGEMENT IS ADDING PERSONS TO THEIR ADVISORY BOARD. PART TIME FOR NOW AS THEY OBVIOUSLY FEEL THERE IS A MARKET FOR THEIR PRODUCTS THAT CAN BE EXPANDED AND DEVELOPED.THEY ARE BUILDING AN INCLUSIVE AND INTELLIGENT COMPANY

    "("PLAN" or the "Company"), is pleased to announce the appointment of Brian Sheppard and Nicole Stefenelli to the company's Advisory Board, and Dr. Chad Vecitis to its research team.

    Progressive Planet Solutions (CNW Group/Progressive Planet Solutions)

    'These appointments are a major step forward for Progressive Planet' says CEO, Stephen Harpur. 'Brian, Nicole and Chad are leaders in their respective fields, and each bring outstanding expertise that will help us guide the Company through its next stage of growth.' These appointments are part-time in nature, and each of the appointees remain in their existing roles with their current employers.

    Sheppard will advise on marketing and communication efforts. He has over 25 years of experience at Canada's leading advertising agencies, working on many of the country's most powerful brands. Sheppard is currently the Executive Creative Director of Saatchi & Saatchi Canada. In addition to creating effective, award-wining advertising, he is also an instructor in the Advertising faculty of the Ontario College of Art & Design (OCADU) in Toronto.

    Stefenelli will advise on procurement of commercial amounts of post-consumer glass and other commodities required for the commercialization of PozGlass SCM. She is CEO and Founder of Urban Impact Recycling, a well-established recycling company serving customers in British Columbia's Lower Mainland. Stefenelli brings three decades of experience in the field of finding solutions to the growing problem of corporate and institutional waste. In 2010 she won the Ernst & Young CEO of the Year in the Cleantech category. In 2012 she was awarded the YWCA Women of Distinction Award in the Entrepreneur category. Stefenelli served on the Board of Directors for the Forum for Women Entrepreneurs and Science World and has also served on the Board of the Recycling Council of British Columbia.

    Dr. Vecitis has been contracted to provide expertise and guidance in regard to carbon sequestration in cellular concrete. Dr. Vecitis is the CTO and Co-Founder of Nth Cycle that is redefining the metal supply chain by developing novel metallurgic technologies. He is also an Associate of Environmental Science & Engineering at the Harvard Paulson School of Engineering & Applied Sciences where his research focuses on environmental science and emerging nanotechnologies. Dr. Vecitis is co-author of over eighty peer-reviewed papers and a number of patents, and has been invited to present his research around the world.

    ABOUT PROGRESSIVE PLANET

    Progressive Planet is an emerging leader in supplying solutions for a livable planet by developing low carbon, pozzolan-based, cementing products which replace equivalent amounts of Portland Cement and fly ash in concrete. The production of Portland Cement is the second largest global generator of CO2 emissions.

    Progressive Planet operates its flagship Z1 Natural Pozzolan Quarry in Cache Creek, British Columbia and is earning a 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and US markets.}"
  • J
    James
    I owe a significant quantity...there are some powerful and influential people that own large amounts of shares...do some DD, this is a 200million market cap by EOY 🧐
  • H
    Harold
    MR. RICHARDSON HAS A HUGE POSITION IN THE SHARES OF THE
    COMPANY AND DESERVES IT. WITHOUT HIS INVESTMENT I DON'T THINK THE COMPANY WOULD HAVE THE OPPORTUNITY IT HAS. IF SALES OF THEIR PRODUCTS ARE AS BENEFICIAL TO THE ENVIRONMENT WE COULD SEE MULTIPLES OF THE SHARE PRICE.
    IE WATCH THE REVENUE FLOWS IN THE FINANCIALS TO DETERMINE THE FUTURE SHARE PRICES.
  • H
    Harold
    Management obviously paying more attention to trying to give more exposure to the Market of its progress in developing future revenue growth.
    "("PLAN" or "Progressive Planet"), an emerging leader in the commercialization of natural pozzolans to reduce the carbon footprint of cement production, is pleased to announce that it has engaged The Howard Group Inc. (The Howard Group) as its investor relations communications advisor to direct both traditional and online initiatives targeting the investment community and retail investing groups.
    The Agreement is for one-year commencing December 22, 2020. The total remuneration payable to The Howard Group will be $87,000 plus GST. In addition, The Howard Group will be granted options under PLAN's incentive stock option plan to acquire five hundred thousand (500,000) common shares of the Company with the exercise price equal to the closing price of PLAN's shares on December 23, 2020 or $0.10 per share, whichever is greater. These options have a term of three years and will vest quarterly over the one-year term.

    The Howard Group Inc. is based out of Calgary, AB and its sole principal is Grant Howard. Neither the Howard Group or Grant Howard currently own any securities of Progressive Planet. The Howard Group intends to invest in 350,000 units of the hard dollar private placement announced by PLAN on December 21, 2020 for a total of $35,000.

    The Agreement is subject to the approval of the TSX Venture Exchange.

    Since 1988, The Howard Group has provided comprehensive investor outreach and capital markets programs, financing assistance, business development solutions and strategic planning to public companies.

    In addition, The Howard Group will be providing an ongoing commentary on Progressive Planet's activities through its "Insight" blog. Interested parties are encouraged to subscribe to the commentary feed:

    ABOUT PROGRESSIVE PLANET

    Progressive Planet is an emerging leader in supplying solutions for a livable planet by developing low carbon, pozzolan-based, cementing products which replace equivalent amounts of Portland Cement and fly ash in concrete. The production of Portland Cement is the second largest global generator of CO2 emissions.

    Progressive Planet operates its flagship Z1 Zeolite Quarry in Cache Creek, BC and is earning an 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and US markets."
  • H
    Harold
    PLAN MANAGEMENT WITH POSITIVE NEWS UPDATE. SHOULDN'T BE
    MISSED OVER THE WEEKEND
    "("PLAN" or "Progressive Planet"), an emerging leader in the commercialization of natural pozzolans to reduce the carbon footprint of cement production, is pleased to announce that it has completed the 2020 Summer Exploration program with positive results on its 100% owned Heffley Creek Metals and Pozzolan Property in BC. PLAN has progressively reported through the summer of 2020 the results and discovery of a nickel and chromium soil anomalies, which were then confirmed by detailed rock sampling. The nickel and chromium anomalous area ranges from 150 to 300 metres in width and 600 to 800 metres in length (PLAN October 28, 2020).
    The summer program consisted of soil sampling (459 soil samples), rock sampling (271 rock samples) and prospecting.

    A total of 271 rock samples have submitted for analysis and all results have been received to date. Of the 271 samples, 84 (31%) returned values greater than 0.1% nickel and 43 (15.9%) of those samples returned values greater than 0.2% nickel, with the highest value being 0.27% nickel. The results are illustrated on Figure 1.

    Of the 271 rock samples, 59 (21.8%) samples returned values greater than 0.2% chromium and 13 (4.8%) of those samples returned values greater than 0.4 % chromium with the highest values being 0.66% chromium. The results are illustrated on Figure 2.

    Figures 1 and 2 illustrates the coincident anomalous nickel and chromium sample locations in an area ranging from 150 to 350 metres in width and 600 to 800 metres in length. The anomalous area is still open along strike to the south into an area of little outcrop. This anomalous trend is coincident with the previously identified nickel in soil anomaly reported on August 5, 2020.

    The anomalous nickel and chromium grab samples were collected in altered leuco-gabbro and serpentinite rocks. There are 2 anomalous nickel – chromium samples (+ 0.1 % Ni and + 0.1% Cr) 500 metres to the south along this trend. The area between the 2 anomalous trends will be sampled in detail in the future, but with the lack of outcrop in this area and the beginning of snow fall at the high elevation of the area, this work will commence in the Spring of 2021.

    All rock samples were also analyzed for gold. A total of 9 (3.3%) grab samples returned values over 0.1 g/t gold with the highest grab sample returned 0.6 g/t gold. Figure 3 illustrates the location of the anomalous gold samples within an area approximately 200 metres wide by 800 metres long with abundant quartz boulders and gabbroic bedrock with quartz stringers and veins. There is no correlation with gold and the nickel – chromium.

    All samples are not necessarily representative of the mineralization hosted on the property.

    Figure 1, 2 and 3 (CNW Group/Progressive Planet Solutions)

    "I am very pleased with the results of the overall summer exploration program with the discovery of the nickel - chromium soil anomaly, then verifying the soil anomaly with rock sampling and then defining of the nickel – chromium anomaly in width and in length" indicated Dwayne Melrose, Director and Technical Advisor for PLAN. "There are still remaining identified nickel – chromium samples outside of the main anomalous area plus the elevated gold samples that have to be followed up in 2021. All data from the summer program will be complied and interpreted to define the 2021 summer exploration program."

    "The discovery of anomalous chromium values of up to 0.66% in conjunction with the nickel values increases the value of the rock. Stainless steels contain at least 10.5% chromium, so there is a robust market for nickel and chromium. PLAN will begin the process of applying for a drill permit in January 2021," stated Steve Harpur, CEO.

    As part of the check analysis program, 62 rock samples selected and were re-analyzed using Whole Rock Fusion/X-Ray Fluorescence Spectroscopy (XRF) at the ALS Canada metallurgical facility in Kamloops. XRF reported an increase of chromium content compared to the 4 acid digestion ICP that was initially used. To verify the chromium results and as a further check, all rock samples were then subjected to Whole Rock Fusion/X-Ray Fluorescence Spectroscopy (XRF) and conducted by ALS Canada Geochemical Division. The comparison of the XRF results with the original 62 XRF check samples have a very high repeatability. When comparing the two analytical methods for chromium results, the XRF values on average returned higher chromium values at an average ratio of 1.6 times. As the XRF method is a more precise method, all chromium results reported in this release and in the future will be based of the XRF analytical method.

    Analyses were completed by the Metallurgical division and also the Geochemical division of ALS Canada. Base metal contents were measured by aqua-regia digestion and analysis on ICP-AES. The Precious Metals analyses were completed on all samples using fire assay fusion follow
  • H
    Harold
    PP announced to fund progress. Good to see management taking a good portion of the offering.
    "("PLAN" or "Progressive Planet"), an emerging leader in the commercialization of natural pozzolans to reduce the carbon footprint of cement production, is pleased to announce two financings for aggregate gross proceeds of up to $550,000.
    The first financing consists of a non-brokered private placement of up to 3,000,000 units at $0.10 per unit (the "hard dollar financing"), for gross proceeds of up to $300,000. Each such unit will consist of one share and one warrant exercisable at $0.15 per share for a period of 24 months from issuance. Use of proceeds will be for general working capital. Countryman Investments Ltd., a company of which David Richardson is the principal, intends to subscribe for 1,000,000 units in this placement. Mr. Richardson is a "control person" of the Company by reason of holding, directly and indirectly, more than 20% of the Company's current issued and outstanding shares.

    The second financing consists of a non-brokered "flow-through" private placement of up to 2,500,000 units at $0.10 per flow through unit, for gross flow through proceeds of up to $250,000. Each flow through unit will consist of one "flow through" common share and one-half of a warrant, each whole warrant exercisable at $0.15 per share for a period of twelve months. Use of proceeds will be for continued exploration on the Company's 100% owned Heffley Creek Base – Precious Metal and Pozzolan Property in BC. A director of the Company intends to subscribe for 800,000 units of this flow through financing.

    Eligible finders may receive a 5% cash finders' fee and 5% finder's fee warrants on the hard dollar financing only, subject to TSXV requirements. Finder's fee warrants will have an exercise period of 12 months, and an exercise price equal to $0.10 per share. There will be no finder's fees paid on the flow through financing.

    All securities issued under these financings will be subject to a statutory four month hold period.

    ABOUT PROGRESSIVE PLANET

    Progressive Planet is an emerging leader in supplying solutions for a livable planet by developing low carbon, pozzolan-based, cementing products which replace equivalent amounts of Portland Cement and fly ash in concrete. The production of Portland Cement is the second largest global generator of CO2 emissions.

    Progressive Planet operates its flagship Z1 Zeolite Quarry in Cache Creek, BC and is earning an 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and US markets."
  • H
    Harold
    Management has determined that the future of PLAN rests in its leading ability to help diminish the carbon footprint of common cement that has universally polluted the earth. "
    ("PLAN" or "Progressive Planet"), an emerging leader in reducing the carbon footprint of cement products using natural pozzolans, is pleased to announce it has sold and optioned a combined total of 10 million of its 10.5 million shares of Snow Lake Resources.

    The sale and option agreements were made with two arms-length purchasers. The first sale was for 1,700,000 shares at $0.04 per share for a total of $68,000 and includes an option granted by PLAN entitling the same party to purchase an additional 4,966,666 shares at $0.04 per share until May 11, 2021. The second sale was for 1,250,000 shares at $0.04 per share for a total of $50,000 and includes an option granted by PLAN to such party to purchase an additional 2,083,334 shares until August 14, 2021. As at the date of this news release, PLAN has received $116,000 and will receive another $284,000 if the remaining shares are purchased under the option agreements.

    The sale of this non-core asset is the final step in focusing PLAN on developing its portfolio of assets in the Kamloops area of BC. The map below shows the location of the 3 mineral properties and the comminution plant.

    MAP OF PLAN’s BC ASSETS (CNW Group/Progressive Planet Solutions)

    PLAN intends to use the funds from this sale to purchase larger equipment for its Comminution Plant in Spallumcheen, BC, which in turn will support revenue growth. The comminution plant finished commissioning in late August 2020 and is producing and shipping product on an ongoing basis. The plant currently has a backlog of orders from customers.

    "The Snow Lake Resources shares represented a minority interest in a company that is focused on minerals outside our area of interest. This asset was recorded on our balance sheet at a value of $135,388. If the options are exercised, we will receive a total of $400,000 for 10 million of these shares. Our sole focus going forward is to develop our pozzolan and metals properties in BC while growing our bricks and mortar business of making rock powders," stated Steve Harpur, CEO.

    ABOUT PROGRESSIVE PLANET

    Progressive Planet is an emerging leader in reducing the carbon footprint of cement products using natural pozzolans to replace equivalent amounts of Portland Cement and fly ash in concrete. The production of Portland Cement is the second largest global generator of CO2 emissions.

    Progressive Planet operates its flagship Z1 Zeolite Quarry in Cache Creek, BC and is earning an 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. Progressive Planet also operates a Comminution Facility in Spallumcheen, BC. All three properties and the Comminution Plant are all within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and US markets.
  • H
    Harold
    Dilutive PP announced. Too bad it has to be at such a low-priced, but until the company can show a significant revenue stream the share price has no higher validity
    ""PLAN" or the "Company"), a developer of natural pozzolan properties in BC, Canada, wishes to announce that it intends to proceed with a financing totaling $360,000 of up to 12,000,000 units.

    The financing consists of a non-brokered private placement of $360,000 for 12,000,000 units @ $0.03 per unit with each unit consisting of one share and one-half warrant. Each warrant entitles the holder to acquire one common share of the Corporation for a period of 12 months following the closing date, at an exercise price of $0.05 per warrant share, subject to an acceleration clause if the shares trade at $0.08 or more for a period of ten consecutive trading days following the completion of the four month holding period.

    The financing is subject to individual minimum subscriptions of $3,000, but the overall financing is not otherwise subject to any minimum aggregate subscription.

    Subject to certain limitations discussed below, the financing is open to all existing shareholders of the Company as at April 23, 2020, in reliance on the "Existing Shareholder Exemption" pursuant to BC Instrument 45-534. The aggregate acquisition cost to a subscriber under the Existing Shareholder Exemption cannot exceed $15,000 unless the subscriber has obtained advice from a registered investment dealer regarding the suitability of investment. In addition, other investors who qualify under available prospectus exemptions will be allowed to participate in the financing. Existing shareholders of the Company are directed to contact the Company for further information.

    If subscriptions received for the financing based on all available exemptions exceed the maximum amount of $360,000, subscriptions will be accepted at the discretion of the Company on a pro rata basis. It is thus possible for a subscription received from a shareholder may not be accepted by the Company if the financing is over-subscribed.

    Assuming the financing is fully subscribed, the Company intends to allocate the proceeds as follows: $210,000 for general working capital, $100,000 for equipment procurement, and $50,000 to retire debt supplied by a company owned by the controlling shareholder of the company, Mr. David Richardson.

    Although the Company intends to use the proceeds of the financing as described above, the actual allocation of net proceeds may vary from the uses set forth above, depending on future operations or unforeseen events or opportunities. If the financing is not fully subscribed, the Company will apply the proceeds to the above uses in priority and in such proportions as the Company's board of directors may determine is in the best interests of the Company.

    As required by Temporary Relief Bulletin issued by the TSX Venture Exchange on April 8, 2020, the company wishes to state that the majority of the funds will not be used to pay management fees or investment relations fees. Additionally, in accordance with BC Instrument 45-534, the Company confirms there is no material fact or material change related to the Company which has not been generally disclosed.

    There are currently 26,854,711 common shares issued and outstanding before giving effect to the current financing.

    Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange. This offering is subject to TSX Venture Exchange acceptance. All securities issued under the Post-Consolidation financings are subject to a statutory four month hold period.

    Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia and is earning an 100% interest on the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in Heffley Creek Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC."
  • H
    Harold
    A significant achievement by management could result in major revenue stream being established.
    ""PLAN" or the "Company"), a developer of natural pozzolan properties in BC, Canada, is pleased to announce that its project to modify the rheology of zeolite from the Z-1 Zeolite Quarry has been successful.

    On December 9, 2019, PLAN announced that it had signed an agreement with the University of Alberta to develop an alternative to fly ash for use in the cement industry. The project was to end on April 30, 2020. The goal of the project was to modify the rheology of its zeolite so that it possessed similar rheology to commercially available fly ash.

    On March 10, 2020, PLAN released a shareholder update which disclosed that the rheology (slump) had been improved with a combination of various inputs which will remain proprietary; however, one input in the blend which was disclosed was pulverized, recycled glass.

    PLAN is pleased to announce that it has received an additional update from the University of Alberta which revealed that our revised proprietary mix design achieved a slump that has exceeded the target slump of the fly ash based mix design.

    "We are extremely excited to see the objective of this research project achieved. We will receive a final report at the end of April or shortly thereafter. The final step before having a product for commercial use is to conduct CSA tests on our proprietary blend." stated Steve Harpur, CEO of PLAN.

    The CSA tests which need be completed include Compressive Strength, Alkali-silica Reaction, Sulphate Resistance, and Freeze-thaw Resistance. In addition, one ASTM test will be completed to analyze air voids.

    The longest test is the Sulphate Resistance and this test has a duration of 8 months. As a result, the company will be targeting the 2021 construction season to have a commercial product that it can offer as a competitive alternative to fly ash to the ready mix and pre-cast concrete industries in BC and Alberta.

    Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia and is earning an 100% option on the Z2 Natural Pozzolan Property near Falkland, BC and a 100% interest in Heffley Creek Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC."
  • H
    Harold
    Management increasing zeolite holdings
    " ("PLAN" or the "Company") is pleased to announce it has signed an option agreement with Jeremy Marlow on a zeolite property near Falkland, BC.

    To maintain and exercise the option granted, the Company will pay Mr. Marlow a total amount of $26,000 over a period of 36 months, issue a total of 500,000 common shares over a period of 36 months, and incur a total of $200,000 in exploration expenditures on the zeolite property over a period of 36 months, commencing on the date that the Company receives all necessary prior approvals from the TSXV. Additionally, Mr. Marlow will retain a royalty of $8.00 per tonne of mineral products produced from the property, subject to a 50% buyback right in consideration of $75,000. All shares issued under the option agreement will be subject to a 4 month hold period.

    PLAN optioned this property after conducting surface sampling which confirmed the presence of zeolite on the property through XRD analysis. In addition, engineers working with PLAN to develop supplementary cementing materials out of zeolite conducted Strength Activity Index tests (ASTM C618) on two samples taken from the property and received results of 110% and 103% versus a straight-cement control mixture. This indicates the potential for improved concrete strength when utilizing this zeolite and compares well with commercially available fly ash.

    The option agreement remains subject to the Company receiving all necessary prior approvals from the TSX Venture Exchange.

    "PLAN is currently seeking to increase its zeolite assets in light of the new market for zeolite to denature cannabis and hemp after cannabinoid extraction. I personally took the samples from the property which we tested, and I am keen to see this property systematically explored. We are naming this property the Z-2. We are excited about its proximity and easy access. It is approximately a 45-minute drive from our facilities in Spallumcheen, BC," stated Steve Harpur, CEO.

    "It was a pleasure to work with the management team of PLAN while they did due diligence on the Z-2 before signing the option agreement. During multiple site visits by their CEO and geologist, their team was professional, and I am excited to see this property further explored," stated Jeremy Marlow.

    Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in Cache Creek, British Columbia. Progressive Planet is committed to using mineral resources to provide solutions for a livable planet.
  • H
    Harold
    Continuing on its expansion of the company's porfolio of possible revenue producing properties we have the latest addition.
    " ("PLAN" or the "Company") is pleased to announce it has signed an option agreement with Jeremy Marlow on a natural pozzolan property in Heffley Creek, BC.

    To maintain and exercise the option granted, the Company will pay Mr. Marlow a total amount of $55,000 over a period of 48 months and incur a total of $275,000 in exploration expenditures on the property over a period of 48 months, commencing on the date that the Company receives all necessary prior approvals from the TSXV. Additionally, Mr. Marlow will retain a royalty of $8.00 per tonne of industrial mineral products produced from the property, subject to a 75% buyback right in consideration of $150,000. Mr. Marlow will also retain a 3% NSR Precious Metals Royalty subject to a 50% buyback right in consideration of $1,500,000. No shares will be issued under the option agreement.

    PLAN optioned this property after conducting surface sampling which confirmed the presence of alumino-silicates (natural pozzolans), magnesium, and anomalous gold and silver. Five rock samples were taken and one soil sample. PLAN's original interest in the property was for its potential as a further source of natural pozzolans near Kamloops, BC. When surface sampling was done to confirm the presence of natural pozzolans, it revealed the presence of anomalous gold and silver in the soil (0.28 g/tonne gold and 1.6 g/tonne silver). PLAN thus requested the precious metal rights to the property in addition to the industrial mineral rights originally sought. The vendor agreed to option the precious metals rights.

    All testing was completed by the Kamloops office of the Metallurgy Division of ALS Global. Whole Rock Analysis was completed on four samples using borate fusion. The Precious Metals Analysis was completed on five samples using fire assay to measure gold, platinum, and palladium. Silver was measured using aqua regia digestion.

    All samples were grab samples and are not necessarily representative of the mineralization hosted on the property. PLAN intends to complete more comprehensive soil sampling on the property in the second quarter of 2020 once the snow in the area is melted.

    Dwayne Melrose, P. GEO, a qualified person for the purposes of National Instrument 43-101, has reviewed and approved the contents of this news release.
    In conjunction with the option agreement, PLAN also signed a consulting agreement with Mr. Marlow whereby Mr. Marlow will assist with exploration work conducted on the property in the first two years of the option agreement. Terms of the consulting agreement including paying Mr. Marlow a minimum of $9,800 in 2020 and an additional $9,800 in 2021 to assist with exploring the Heffley Creek property. In addition, the Consultant will receive 50,000 stock options of PLAN in 2020 and an additional 50,000 stock options in 2021, subject to PLAN's stock option plan and the policies of the TSX Venture Exchange.

    Mr. Marlow is an arm's length party to the Company.

    The option agreement remains subject to the Company receiving all necessary prior approvals from the TSX Venture Exchange.

    PLAN is currently seeking to increase its natural pozzolan assets in the Kamloops area of BC. Pozzolans are receiving more interest from the cement industry as the commercial supply of fly ash is diminishing with the continued closure of coal fired power plants in Alberta and Saskatchewan. Our permitted mine, the Z1 Zeolite Quarry, is located within a one-hour drive of Kamloops and the Z2 Natural Pozzolan Property near Falkland, BC is also approximately a one-

    hour drive from Kamloops. Kamloops offer railway access and the ability to serve both the local market, the Lower Mainland of BC and the Calgary to Lethbridge corridor of Alberta.

    "I am keen to see this Heffley Creek Property systematically explored. We are excited about its proximity and easy access. It is approximately a 25-minute drive from Kamloops, BC. This property was explored by LaFarge Canada in 1999 where they drilled an alumino-silicate rich area (natural pozzolan) of the property. While our primary interest is the natural pozzolans, we intend to conduct further soil sampling at the property in the Spring of 2020 in search of gold and silver," stated Steve Harpur, CEO.

    "It was a pleasure to work again with Steve and the team at PLAN while they did due diligence on the Heffley Creek Property before signing the option agreement. I am excited to see this property further explored for both its industrial mineral content as well as for gold and silver. I am also pleased to be part of the team which will conduct exploration on the property over the next two years," stated Jeremy Marlow.

    Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in Cache Creek, British Columbia. Progressive Planet is committed to using mineral resources to provide
  • H
    Harold
    Close of PP

    "PLAN CLOSES POST CONSOLIDATED SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

    Further to the news releases dated Dec. 4, 2019, and Dec. 24, 2019, Progressive Planet Solutions Inc. has closed the second tranche of the private placement comprising 2.01 million hard-dollar units at six cents per unit for total proceeds of $120,600.

    Each hard dollar unit comprises one common share and a share purchase warrant entitling the holder to purchase an additional share in the Company for $0.075 a share if exercised on or before July 29, 2020. Securities will bear legends restricting resale until May 30, 2020.

    Subscribers include Investor News Network (INN). INN is a digital media company with whom the Company has entered into a service agreement, pursuant to which INN will provide comprehensive digital media services. INN provides news and education for investors in over 40 targeted categories with the opportunity to connect educated investors with trusted companies. Proactive Investors is also a digital media company, with which PLAN recently renewed an annual contract for the provision of video and editorial services.

    The Company will use the proceeds from private placement for general working capital, and to repay unsecured indebtedness owing by the Company to David Richardson, a non-arm's length party to the Company for reason of holding over 10% of the issued and outstanding shares of the Company. In addition, proceeds from the private placement in the amo
  • H
    Harold
    I am getting the feeling that present management is starting to develop PLAN into a possibly revenue-generating company.
    Hope I am right!
    PLAN" or the "Company") announces the hiring of an experienced Mining Engineer, Mr. Michal Wypych (Mike) for the newly created position of Chief Operating Officer (COO) for PLAN.

    Mike has over 15 years of experience working in the mining industry and possesses both a Mining Engineering degree and an MBA. He has planned and overseen the execution of millions of dollars in projects throughout his career where he has held roles in project management and mine planning. Mike has been employed in the past by large multinational mining organizations and has also performed contract work for the largest cement company in Canada.

    "I originally met Mike when he was independently conducting testing on supplementary cementing materials and requested samples from the Z1 for his own testing. This initial meeting lead to collaboration on testing several supplementary cementing materials and associated contractual work. I am delighted that Mike has agreed to come on as PLAN's COO, where he will start by working two days per week. As PLAN grows, this will become a full-time position. We are very pleased at being able to attract a COO with Mike's experience." stated Steve Harpur, CEO of PLAN.

    "I'm motivated to join a growing organization whose business objectives align with my skill set and vision for the future. PLAN has various opportunities on the horizon which I am excited to support and help transition into long term growth for the company. I intend to reflect my dedication to safety, environmental stewardship, and meaningful engagement with all stakeholders in carrying out my role as COO." stated Mike Wypych, COO of PLAN.

    In separate news, PLAN announces the grant of up to 1,040,000 options that will be granted to Insiders and employees of the company, as well as Advisory Board Members, exercisable at a price of $0.06 for a period of two years from the date of grant.

    The options have been granted in accordance with the Company's stock option plan.

    Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia and is earning an 100% option on the Z2 Zeolite Property near Falkland, BC and a 100% interest in the Buckingham Graphite Project in Quebec."
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    Increase in holdings in the Heffley Creek area
    (TSXV:PLAN) ("PLAN" or "Progressive Planet"), an emerging leader in the commercialization of natural pozzolans to reduce the carbon footprint of cement production, is pleased to announce that it has increased the number of claims it has optioned from Jeremy Marlow at its precious metal and natural pozzolan property in Heffley Creek, BC.

    The original option included 20 mineral claims. Mr. Marlow staked an additional 49 mineral claims contiguous to the original 20 claims and optioned them to PLAN.

    The original agreement was amended to include the new claims. As consideration for the increased option, PLAN covered the cost of staking the new claims and increased the number of days in 2020 for which it would contract Mr. Marlow to complete exploration on the Heffley Creek Property from 28 days to 31 days.

    Systematic soil and outcrop sampling activities are ongoing at Heffley Creek and assay results will be reported as they are received.

    "I wish to thank Mr. Marlow for completing this transaction whereby PLAN increased the size of its option. It is our intention to evaluate this property for both its pozzolanic and precious metals potential," stated Steve Harpur, CEO.

    Dwayne Melrose, P. GEO, a qualified person for the purposes of National Instrument 43-101, has reviewed and approved the contents of this news release.

    ABOUT PROGRESSIVE PLANET

    Progressive Planet is an emerging leader in supplying solutions for a livable planet by developing low carbon, pozzolan-based, cementing products which replace equivalent amounts of Portland Cement and fly ash in concrete. The production of Portland Cement is the second largest global generator of CO2 emissions.

    Progressive Planet operates its flagship Z1 Zeolite Quarry in British Columbia and is earning a 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in the Heffley Creek Precious Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and US markets.
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    Harold
    A significant update from management shows successful production of fly ash which promises a major revenue source for the company.
    " ("PLAN" or "Progressive Planet"), an emerging leader in the commercialization of natural pozzolans to reduce the carbon footprint of cement production, is pleased to provide a shareholder update.

    Research Partnership with University of Alberta

    Throughout the world, fly ash is generated as a by-product of burning coal for electricity generation. Fly ash is used as a supplementary cementing material in blended cement mixes. The supply of fly ash is directly related to the amount of coal which is combusted in power plants which in many parts of Canada, and the world, are scheduled for decommissioning or are already being decommissioned.

    In December 2019, PLAN announced a strategic relationship with the University of Alberta to conduct work with respect to improving the slump of the natural pozzolan from its Z-1 Quarry so that it possesses similar rheology to commercially available fly ash.

    We have now received the final report from the University of Alberta. The report was originally anticipated in May 2020 but was delayed due to restricted access to University of Alberta's research facilities due to the Covid-19 pandemic.

    The research was focused on improving the rheology of concrete which substituted 20% of Portland Cement with 20% of our proprietary blend of Z-1 Zeolite and pulverized post-consumer glass. The target compressive strength was 30 MPA.

    The original testing intended to test both the rheology and the compressive strength of our proprietary blend after 28 days of curing and 56 days of curing.

    Final rheology results of the Z-1/pulverized glass blend were superior to the rheology of the fly ash blend.

    The 56 day compressive strength tests were unable to be completed due to the restricted access. The second set of cylinders were crushed at 98 days once access was restored. The cylinders had a range of compressive strength from 37 to 41 MPA.

    "We were pleased that we were able to exceed the rheology of the benchmark fly ash blend and extremely pleased to see the compressive strength significantly higher than 30 MPA at 98 days. Pozzolanic concrete is known to continue gaining strength over time as it cures and these tests confirmed our belief that we have an excellent product to bring to market once final CSA and ASTM protocol testing is completed," stated Steve Harpur, CEO.

    The CSA and ASTM tests which we expect to complete over the next nine months include the following:

    Compressive strength (CSA A3004-E1),

    Alkali-silica reaction (CSA A23.3-28A),

    Sulphate resistance (CSA A3004-C8),

    Air void (ASTM C462), and,

    Freeze thaw resistance (ASTM C666, as referenced in CSA A3004-E1).

    Comminution Toll Processing

    PLAN has now completed the design and construction of its comminution plant. The plant was built to enable easy disassembly and has functional capability to size reduce rocks from six inches down to 5 microns.

    The new plant is expected to deliver its rock powder order next week to a customer in Alberta. The customer owned the product and delivered it for processing. As a result, PLAN has no inventory carrying costs for this third party comminution order.

    In addition, our first delivery of rock dust made from our own inventory of glacial moraine will be delivered to a customer in BC next week.

    PLAN intends to use this same equipment to produce its proprietary blend of Z-1 Zeolite and pulverized post-consumer glass after it completes final testing of this product.

    Resignation of COO

    We wish to announce that our COO, Mike Wypych, has resigned his part-time position with PLAN to accept a full-time position as a Mining Engineer. We wish Mike the best in his new position and are grateful for the valuable contribution he made during his time at PLAN.

    ABOUT PROGRESSIVE PLANET

    Progressive Planet is an emerging leader in supplying solutions for a livable planet by developing low carbon, pozzolan-based, cementing products which replace equivalent amounts of Portland Cement and fly ash in concrete. The production of Portland Cement is the second largest global generator of CO2 emissions.

    Progressive Planet operates its flagship Z1 Zeolite Quarry in British Columbia and is earning an 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and US markets
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    ("PLAN" or the "Company"), an emerging leader in the commercialization of natural pozzolans, is pleased to present a corporate update on the company's activities.

    We are accelerating our efforts to commercialize our developing portfolio of natural pozzolan properties. In combination with these efforts, we are seeking to address the massive carbon footprint and requirements of one of the world's largest industries…cement production.

    Research Partnership with University of Alberta

    Throughout the world, fly ash is generated as a by-product of burning coal for electricity generation. Fly ash is used as a supplementary cementing material in blended cement mixes. The supply of fly ash is directly related to the amount of coal which is combusted in power plants which in many parts of Canada, and the world, are scheduled for decommissioning or already being decommissioned.

    In December 2019, PLAN announced a strategic relationship with the University of Alberta to conduct work with respect to improving the slump of the natural pozzolan from its Z-1 Quarry so that it possesses similar rheology to commercially available fly ash.

    We have received an interim report from the University which describes the work done to date. The slump has been improved with a combination of various inputs which will remain proprietary; however, one input in the blend which we will disclose is pulverized, recycled glass.

    The preliminary results are encouraging and in turn we believe there is tremendous potential for using waste material in a proprietary blend to create a high-quality supplementary cementing material (SCM) for the cement industry as a potential replacement for fly ash.

    The initial research trial is expected to conclude at the end of April 2020 at which time we expect to finalize our proprietary formulation for CSA testing. Once CSA testing is completed, we intend to begin production on a small scale to introduce our SCM to the BC and Alberta markets.

    Natural Pozzolans

    In the fall of 2019, we announced the option of the Z-2 Natural Pozzolan Property. In February 2020, we announced the option of the Z-3 Natural Pozzolan Property (Heffley Creek). These three properties form the core portfolio of natural pozzolan properties for PLAN.

    These three high quality properties near Kamloops, BC are all close to rail access to the Lower Mainland and Alberta.

    We are currently finalizing the 2020 exploration plans for both the Z-2 and the Z-3 and expect to commence exploration work in late April or early May with work commencing once the snowpack is melted and the ground is sufficiently dry to conduct field work.

    The intention for the Z-2 Property is to start to quantify the amount of natural pozzolan contained in an area of the property where we have already confirmed natural pozzolans occur.

    For the Z-3 Property, we intend to conduct soil work on the property while completing further testing in areas previously drilled by LaFarge Canada which identified natural pozzolans.

    For the Z-1 Property, our COO is working to renew the Notice of Work (license to mine the property) which is up for renewal in July 2020. In the interim, we will continue to draw down on the previously mined stockpile of natural pozzolan as required.

    Z-1 Zeolite for Denaturing Cannabis

    PLAN is experiencing an increase in the volume of denatured cannabis it is collecting from its contract with one of Canada's largest extraction facilities. The success of utilizing our Z-1 natural pozzolan in the denaturing process has resulted in additional extraction companies requesting samples and pricing. We view supplying Z-1 natural pozzolan to denature cannabis as a growth opportunity in 2020.

    Comminution Toll Processing

    PLAN completed a small comminution contract in 2019. Comminution is the process of pulverizing rocks into fine powders. Based on industry feedback, PLAN intends to procure additional comminution equipment to enable it to respond to commercial demand for

    comminution services. We are targeting soft rock phosphate and limestone companies. This same equipment is used for pulverizing natural pozzolans and will increase our capacity to process our own material. This complementary revenue stream will support our capacity growth for other core initiatives.

    Third Party Building Product Development

    Over the last six months, PLAN has supplied pulverized natural pozzolan from the Z-1 Quarry to three companies which produce cementitious products. In particular, we are jointly working on product development with one of these companies and on sharing the costs of CSA testing on the building product which we hope will ultimately contain Z-1 pulverized natural pozzolan as a core ingredient.

    Commenting on the recent activities and milestones, PLAN's CEO, Steve Harpur, said "We are very excited about the potential for our natural pozzolan assets and affiliated cementitious building products in development to contribute to the effort of reducing the carbon foot
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    Completion of this PP could allow the company to reach the stage of production of revenue materials to fund an ongoing profitable company.
    At least management is trying to minimize share dilution as well.

    "Progressive Planet Solutions Inc. has closed its two financings for aggregate gross proceeds of $304,750.

    There were 3,150,000 non-flow through units issued under the private placement at $0.065 per unit, for gross proceeds of $204,750. Each unit consisted of one share and one half warrant exercisable at $0.10 per share for a period of twelve months from issuance.

    There were 1,250,000 flow-through units issued under the private placement at $0.08 per unit for gross proceeds of $100,000. Each flow through unit consisted of one "flow through" common share and one half warrant exercisable at $0.10 per share for a period of twelve months.

    Use of proceeds for the flow-through units will be for continued exploration on the Company's 100% owned Heffley Creek Metals and Pozzolan Property in BC. PLAN recently announced it had discovered nickel in bedrock at the Heffley Creek Property and announced its intention to accelerate its exploration program for Heffley Creek for the remainder of 2020 (see the Company's news release dated August 17, 2020).

    A cash finder's fee of $7,800 was paid and 120,000 finder's fees warrants were issued. Finder's fee warrants have an exercise period of 12 months, and an exercise price equal to $0.10 per share. All securities issued under these financings are subject to a statutory four month hold period.

    Progressive Planet originally announced that it would offer up to 6.5 million units in total, but received funds from the exercise of outstanding warrants at 5 cents issued from a prior financing since announcing the financing. As such, and to minimize shareholder dilution, management decided to limit the units sold under the private placement.

    ABOUT PROGRESSIVE PLANET

    Progressive Planet is an emerging leader in supplying solutions for a livable planet by developing low carbon, pozzolan-based, cementing products which replace equivalent amounts of Portland Cement and fly ash in concrete. The production of Portland Cement is the second largest global generator of CO2 emissions.

    Progressive Planet operates its flagship Z1 Zeolite Quarry in British Columbia and is earning an 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and US markets."
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    Harold
    Company announcing another sale- encouraging

    " (TSXV:PLAN) (“PLAN” or the "Company”) announces it has received its largest purchase order to date for glacial moraine rock dust as a soil amendment.

    Glacial moraine rock dust is a natural mineral product and contains a broad spectrum of trace minerals which are often depleted from soil through modern farming methods.

    “PLAN is pleased to have received an order for 32 metric tonnes of glacial moraine rock dust and this order is being shipped today. We continue to receive requests to supply rock dust and are utilizing an international engineering firm to conduct Bond Ball Mill Grindability Testing of a locally sourced glacial moraine rock which was selected for its excellent micronutrient profile. We have also engaged mining engineers to assist in selecting equipment which will enable us to produce more of this product ourselves,” stated CEO, Steve Harpur.

    In addition to growing its business of supplying glacial moraine rock dust, PLAN continues to focus on building markets for zeolite sourced from its Z-1 Quarry in Cache Creek and continues to place resources into product development for industrial minerals and denatured cannabis waste.

    Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia. Progressive Planet is committed to using mineral resources to provide solutions for a livable planet.
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    Harold
    Final test being started to prove a potential major revenue project!
    (TSXV:PLAN) ("PLAN" or "Progressive Planet"), an emerging leader in the commercialization of natural pozzolans to reduce the carbon footprint of cement production, is pleased to announce that it has signed a second Collaborative Research Agreement with the University of Alberta in order to complete final testing on PLAN's Natural Pozzolan Blend which we intend to produce to compete with fly ash as a substantially greener supplementary cementing material.

    Throughout the world, fly ash is generated as a by-product of burning coal for electricity generation. Fly ash is used as a supplementary cementing material in blended cement mixes. The supply of fly ash is directly related to the amount of coal which is combusted in power plants which in many parts of Canada, and the world, are scheduled for decommissioning or are already being decommissioned.

    In December 2019, PLAN announced its first Collaborative Research Agreement with the University of Alberta to conduct work with respect to improving the rheology (slump) of the Natural Pozzolan from its Z-1 Quarry so that it possessed similar rheology to commercially available fly ash. Final rheology results of the Z-1/pulverized glass blend were superior to the rheology of the fly ash blend.

    Before launching our Natural Pozzolan Blend commercially, we need to assure ready mix and pre-cast concrete businesses that concrete which contains this Natural Pozzolan Blend can withstand the conditions which concrete must withstand in Canada. This second Collaborative Research Agreement covers five tests including the following:

    Compressive strength (CSA A3004-E1),
    Alkali-silica reaction (CSA A23.3-28A),
    Sulphate resistance (CSA A3004-C8),
    Air void (ASTM C462), and,
    Freeze thaw resistance (ASTM C666, as referenced in CSA A3004-E1).
    "We were very pleased with the results achieved by Dr. Vivek Bindiganavile and his team of concrete experts on the first Collaborative Research Agreement. If we achieve successful results from these additional tests, we will have completed all the testing required to give the ready mix and pre-cast concrete industries confidence to use our Natural Pozzolan Blend. With a fully functional comminution plant in place to pulverize Natural Pozzolan from the Z-1 Quarry and to pulverize post-consumer glass, we intend to introduce this product during the 2021 construction season," stated Steve Harpur, CEO.