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May 2020

Progressive Planet Announces Stock Options

Progressive Planet Announces Stock Options 150 150 Progressive Planet Inc.

Vancouver, May 25, 2020 – Progressive Planet Solutions Inc. (TSXV: PLAN) (“PLAN” or “Progressive Planet”), an emerging leader in the commercialization of natural pozzolans to reduce the carbon footprint of cement production, announces the grant of up to 950,000 options that will be granted to five insiders, one employee and one consultant of the Company, exercisable at a price of $0.05 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.

 

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 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.

 

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 Announces Scientific Advisor

Progressive Planet Announces Scientific Advisor 150 150 Progressive Planet Inc.

Vancouver, May 22, 2020 – Progressive Planet Solutions Inc. (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 the appointment of Dr. Doug Brown as a Scientific Advisor, effective immediately.

Doug is a Materials Scientist with over a decade of experience in the research and development of next-generation green technologies. Doug holds several patents, is the author of multiple peer-reviewed publications, and has received numerous academic, industry and research awards. Upon completing his B.Sc. in Chemistry at McGill University, Dr. Brown began working with David Keith and the team that founded Carbon Engineering (CE). In this role, Dr. Brown led significant research efforts relating to capturing carbon dioxide directly from the atmosphere. Investors in CE include Bill Gates, Murray Edwards, Chevron Technology Ventures, and BHP.

Doug holds a Ph.D. in Chemistry from the University of Calgary which he received in 2017. Since that time, Doug has worked in the private sector in the field of green building technologies. Doug has a proven track record of attracting funding for research and commercialization of technologies. Doug is also a board member of the Canadian Green Building Council (AB Chapter).

”Doug’s passion for sustainable technology and his proven track record in advancing early stage technologies is a tremendous benefit to Progressive Planet. As we focus on developing lower carbon footprint cementing products, Doug will be a trusted advisor in all our product development initiatives,” stated Steve Harpur, CEO.

 

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 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.

 

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 Announces New Director

Progressive Planet Announces New Director 150 150 Progressive Planet Inc.

Vancouver, May 20, 2020 – Progressive Planet Solutions Inc. (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 the appointment of Mr. Scott Jenkins as an independent member of its Board of Directors and member of its Audit Committee, effective immediately.

Scott has decades of experience with private and public technology companies as an executive and director. He is currently the President and CEO of ZS2 Technologies Ltd. Scott was previously the president of DIRTT Environmental Solutions Ltd., a TSX listed company whose annual revenues grew from $20 million to $297 million during Mr. Jenkins time there. Mr. Jenkins also served as a director of DIRTT for four years until December 2017. Scott is a Chartered Professional Accountant (CPA, CA) and a member of the Young Presidents’ Organization.

“Scott brings both private and public company experience to PLAN and understands the effort required to bring new products to the marketplace,” stated Steve Harpur, PLAN’s CEO. “Further, his experience and strategic relationships in the construction industry will benefit PLAN as we continue our efforts to introduce a competitive product to fly ash using our natural pozzolan assets to replace carbon intensive ingredients used in the production of Portland Cement.”

 

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 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.

 

 

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 Closes Non-Brokered Private Placement

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

May 12th, 2020, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet”, “PLAN” or the “Company”), a developer of natural pozzolan properties in BC, Canada, announces that, further to its news release dated April 23, 2020, the Company has closed its non-brokered private placement comprising of 6,784,000 units at $0.03 per unit, for total proceeds of $203,520.

Each unit comprises one common share and one-half of a share purchase warrant, with each whole entitling the holder to purchase an additional common share of the Company for $0.05 a share on or before May 12th, 2021. The Company may accelerate the expiry date of the 3,392,000 Warrants by giving written notice to the holders thereof, and in such event the Warrants will expire on the 30th day after the date of such notice. Securities will bear legends restricting resale until September 13th, 2020.

The Company will use the proceeds from private placement for general working capital, equipment procurement and to repay unsecured indebtedness owing by the Company to David Richardson, a controlling shareholder of the Company.  See the Company’s news release dated April 23, 2020 for further details.

Insiders purchased an aggregate of 4,134,000 units totaling $124,020. There were no finder’s fees paid with respect to the private placement.

 

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.

 

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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