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December 2019

PLAN Closes Flow Through Consolidated Non-Brokered Private Placement

PLAN Closes Flow Through Consolidated Non-Brokered Private Placement 150 150 Progressive Planet Inc.

December 24, 2019, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet”, “PLAN” or the “Company”) announces that, further to its news release dated December 4, 2019, the Company has closed the first tranche of the private placement comprising of 2,705,000 “flow through” units at $0.07 per “flow through” unit for total proceeds of $189,350.

Each unit comprises one common share issued on a “flow through” basis 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 June 23, 2020. Securities will bear legends restricting resale until April 24, 2020.

The Company will use the proceeds from the private placement for qualifying exploration expenditures.

There were no finder’s fees paid with respect to the “flow through” tranche of the private placement.

Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia and is earning a 100% option on the Z2 Zeolite Property near Falkland, BC.

 

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.

Progressive Planet Solutions Announces Approval of Consolidation

Progressive Planet Solutions Announces Approval of Consolidation 150 150 Progressive Planet Inc.

December 16, 2019, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet”, “PLAN” or the “Company”) announces that, further to its news release dated December 4, 2019, effective Friday, December 20, 2019 at market open, the Company will consolidate its common shares on the basis of one (1) post-consolidation common share for every three (3) pre-consolidation common shares.

The Company will have a total of approximately 22,139,712 post-consolidation common shares issued and outstanding.

The consolidation was approved by the directors of the Company and has received approval from the TSX Venture Exchange.

PLAN is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia. PLAN also has a right to earn a 100% interest in the Z2 Zeolite Property near Falkland, BC.  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 Signs Agreement with University of Alberta on Developing Fly Ash Alternative

PLAN Signs Agreement with University of Alberta on Developing Fly Ash Alternative Progressive Planet Inc.

DECEMBER 9, 2019 – VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN: TSX-V) (“Progressive Planet” or “PLAN”) announces that it has signed an agreement with the University of Alberta to modify the rheology of its zeolite from the Z-1 Zeolite Quarry so that it possesses similar rheology to commercially available fly ash. The University will immediately commence this work with the project ending on April 30, 2020. The value of the contract is $20,000.

The Government of Canada has  mandated an accelerated, nationwide phase-out of coal-fired power by the end of December 2029. Class F fly ash used in Canada comes primarily from the burning of coal at multiple power plants in Alberta and Saskatchewan. With this phase out, new supplementary cementing materials will need to fill this void.

The project will be undertaken under the direction of Dr. Vivek Bindiganavile. Dr. Bindiganavile received his PhD in Civil Engineering Materials from the University of British Columbia in 2003. Dr. Bindiganavile has decades of experience in cement and concrete research and has been published in many journals and presented at many conferences as can be seen at

https://www.ualberta.ca/engineering/faculty/vivek-bindiganavile

“I visited the Z1 Quarry in BC in the summer of 2019 and brought some samples back to our laboratory. Over the past year,  my research team has conducted a preliminary examination on Z1 for its chemical composition and physical characteristics. Based on the chemical analysis, we believe that the Z1 has potential for use as a supplementary cementing material. We have now embarked on this collaborative research partnership to address the impact on fresh concrete rheology when up to 20% of Portland cement is replaced with the same weight of Z1 Zeolite.”

“We have spent the last year conducting ASTM testing on Z1 Zeolite and one challenge to bring this material to market relates to it possessing similar rheology to fly ash. Rheology is often referred to as “slump” in the concrete industry. Ready mix cement with fly ash added to it flows very easily and we are seeking to modify our zeolite so that fresh concrete which includes our zeolite flows in a similar fashion.” stated Steve Harpur, CEO of PLAN.

 

PLAN is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia. PLAN also has a right to earn a 100% interest in the Z2 Zeolite Property near Falkland, BC.  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:

Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Progressive Planet Solutions Inc. Actual results may differ materially from those currently anticipated in such 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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