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October 2019

PLAN Announces Exchange Approval of 2nd Zeolite Property in BC and Announces First Toll Processing Contract Completed

PLAN Announces Exchange Approval of 2nd Zeolite Property in BC and Announces First Toll Processing Contract Completed 150 150 Progressive Planet Inc.

October 18, 2019, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“PLAN” or the “Company”) is pleased to announce it has received TSX Venture Exchange approval of its option agreement with Jeremy Marlow on the Z2 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.  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. A finder’s fee of 50,000 shares of the company will be issued to Jacques Levesque of Ashcroft, BC.

On a separate note, PLAN completed its first ever toll processing contract whereby it used existing equipment to size reduce limestone for a third-party client.

“Our business model of building capacity to size reduce glacial moraine rock into rock dust and to micronize zeolite involves procuring additional equipment which can also be used to size reduce limestone, gypsum, basalt, soft rock phosphates, and other industrial minerals. As we grow our company, we will be seeking additional opportunities to complete toll processing for third parties,” stated Steve Harpur, CEO.

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.

 

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 Files Provisional Patent

PLAN Files Provisional Patent 150 150 Progressive Planet Inc.

October 15, 2019, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“PLAN” or the “Company”) announces that it has filed a United States Provisional Patent Application on October 11, 2019 for “pelleted fertilizer product incorporating biomass as a binder.”

PLAN was aware that the amount of biomass generated as a waste product when hemp and cannabis are grown to produce cannabinoids is increasing rapidly in North America. This material does not compost quickly due to its composition while sending it to landfill creates methane, a very harmful greenhouse gas. PLAN believed this biomass would be an excellent candidate as a binder for various minerals that are used as fertilizers and soil amenders. PLAN produced pellets using waste cannabis biomass to bind various minerals and these pellets possessed good durability.

The inventors include two directors of PLAN, Steve Harpur and Edward Beggs, and two employees of InnoTech Alberta, Earl Jenson and Ataullah Mohammed. All inventors assigned their rights to PLAN.

“I am very excited that our team created a value-added product out of a waste stream. PLAN received input from industry seeking a fertilizer pellet which contains carbon as a binder for minerals used in agriculture. Creating a pellet as a delivery mechanism was desirable to farmers as pellets generate less dust than powders when applied to farmers’ fields,” stated Steve Harpur, CEO of PLAN.

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.

 

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.

Finder’s Fee on Option Of 2nd Zeolite Property in BC

Finder’s Fee on Option Of 2nd Zeolite Property in BC 150 150 Progressive Planet Inc.

October 07, 2019, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“PLAN” or the “Company”) announces that further to its news release of October 4, 2019 announcing the option of a second zeolite property in BC, a finder’s fee of 50,000 shares of the company will be issued to Jacques Levesque of Ashcroft, BC, subject to Exchange approval. Mr. Levesque is at arm’s length to PLAN.

 

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.

 

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 Option of 2nd Zeolite Property in BC

PLAN Announces Option of 2nd Zeolite Property in BC 150 150 Progressive Planet Inc.

October 04, 2019, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“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.

 

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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