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December 2018

PLAN Announces Private Placement Financing

PLAN Announces Private Placement Financing 150 150 Progressive Planet Inc.

VANCOUVER, BC / ACCESSWIRE / December 6, 2018 / PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet”, “PLAN” or the “Company”) announces the Company has arranged a non-brokered private placement of up to 5,500,000 units (the “Units”) at a price of $0.05 per Unit for aggregate gross proceeds of $275,000 (the “Offering”).

Each Unit is comprised of one common share (a “Share”) and one Common Share purchase warrant (a “Warrant”) of the Company. Each Warrant will entitle the holder to purchase one Share (a “Warrant Share”) at a price of $0.06 per Warrant Share for period of 12 months from the date of Closing. The warrants are subject to an acceleration clause, which states that the issuer will have the right to accelerate the expiry date of the warrants if, at any time, the average closing price of the shares is equal to or greater than 10 cents for 10 consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after the issuer issues a news release, announcing that it has elected to exercise this acceleration right.

The Company will not be paying any finders’ fees in relation to the private placement.

Proceeds from the financing will be used for general corporate purposes and for continued product research and development.

Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Mine in British Columbia, an equity interest in Snow Lake Resources, a 5% interest in the Lac Guéret Extensions Graphite Project in Quebec and a 100% interest in the Buckingham Graphite Project in Quebec.

ON BEHALF OF THE BOARD
Signed “Stephen Harpur”
Stephen Harpur, CPA, CGA, CEO

For further information or investor relations inquiries, please contact us:
1-800-910-3072
[email protected]
www.progressiveplanet.ca

Forward-Looking Statements:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

PLAN ANNOUNCES NEW MEMBER TO ADVISORY BOARD

PLAN ANNOUNCES NEW MEMBER TO ADVISORY BOARD 150 150 Progressive Planet Inc.

December 4, 2018, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (ARB-FRANKFURT) (“PLAN” or the “Company”) is pleased to announce that Mr. Reni Proznick has agreed to join PLAN’s advisory board.

Reni Proznick is a professional engineer (Electrical) who is employed by an international engineering firm in a project management role. Reni is experienced in managing both brownfield and greenfield projects throughout BC, Canada.

“We are excited to add Reni to our team. I originally asked Reni to optimize a collider mill we purchased to produce micronized zeolite from our Z-1 Zeolite Quarry for use in developing supplementary, cementitious materials (SCM’s). I was so impressed with his design skills that I asked him to take on a greater role. Having access to these technical skills is invaluable” stated Steve Harpur, CEO of Progressive Planet.

Mr. Proznick has been issued 300,000 stock options as compensation for his efforts in assisting PLAN.

PLAN has now commissioned its concrete lab at the Advanced Materials Centre in Vernon, BC. PLAN has commenced testing of various concrete blends which include micronized zeolite and has hired a chemist to work at its concrete lab.

With respect to the other product development work that PLAN is undergoing on battery materials, Mr. Proznick will also be the lead technical advisor to the CEO.  Specifically, PLAN is funding work being completed by InnoTech Alberta on super high surface area activated carbon. Super high surface area activated carbon can be used for many types of energy storage devices including Li-ion batteries and is a high growth industry.

Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Mine in British Columbia, an equity interest in Snow Lake Resources, a 5% interest in the Lac Guéret Extensions Graphite Project in Quebec and a 100% interest in the Buckingham Graphite Project in Quebec.

ON BEHALF OF THE BOARD
Signed “Stephen Harpur”
Stephen Harpur, CPA, CGA, CEO

For further information or investor relations inquiries, please contact us:

1-800-910-3072
[email protected]
www.progressiveplanet.ca

Forward-Looking Statements:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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