Monthly Archives :

August 2020

Plan Announces Private Placements

Plan Announces Private Placements 150 150 Progressive Planet Inc.

VANCOUVER, BC / August 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, is pleased to announce two financings for aggregate gross proceeds of up to $467,500.

The first financing consists of a non-brokered private placement of up to 3,500,000 units @ $0.065 per unit, for gross proceeds of up to $227,500. Each such unit will consist of one share and one half warrant exercisable at $0.10 per share for a period of twelve months from issuance. Use of proceeds will be for general working capital and to repay loans made to the Company by Countryman Investments Ltd., a company of which David Richardson is the principal. Mr. Richardson is a “control person” of the Company by reason of holding, directly and indirectly, more than 20% of the Company’s issued and outstanding shares.

The second financing consists of a non-brokered flow-through private placement of up to 3,000,000 units at $0.08 per unit, for gross flow through proceeds of up to $240,000. Each flow through unit will consist 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 will be for continued exploration on the Company’s 100% owned Heffley Creek Base – Precious Metal 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).

There are currently 33,638,711 common shares issued and outstanding. Eligible finders may receive a 5% cash finders’ fees and 5% finder’s fee warrants, 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 (with respect to finder’s fee warrants issued in relation to the “hard dollar” financing) and also $0.10 per share (with respect to finder’s fees warrants issued in relation to the “flow through” financing). All securities issued under these financings are 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 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.

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 Concrete Testing Contract with U of Alberta

PLAN Signs Concrete Testing Contract with U of Alberta 150 150 Progressive Planet Inc.

VANCOUVER, BC / August 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 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.

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.

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

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

PLAN Confirms a Nickel in Bedrock Source at Heffley Creek Property

PLAN Confirms a Nickel in Bedrock Source at Heffley Creek Property 150 150 Progressive Planet Inc.

VANCOUVER, BC / August 17, 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 that it has confirmed a bedrock source for the nickel in soil anomaly that PLAN reported on August 5, 2020 on its 100% owned Heffley Creek Base – Precious Metal and Pozzolan Property, BC.

Based on the soil survey results reported on August 5, 2020, PLAN commenced a systematic rock sampling program to confirm the soil sample results and a follow-up soil sampling program to extend the existing nickel in soil anomaly.

A total of 55 grab samples were collected and submitted for analysis. Of the 55 grab samples, 28 returned values greater than 1,000 PPM (0.1%) nickel and 2 of those grab samples returned values as high as 2,180 and 2,130 PPM (0.21%) nickel. All samples were grab samples and are not necessarily representative of the mineralization hosted on the property.

Figure 1 illustrates the anomalous nickel grab samples in an area of 200 by 250 metres coinciding with the nickel in soil anomaly that was previously reported. The anomalous nickel grab samples were collected in altered leuco-gabbro and serpentinite rocks. Further rock sampling on the property in the area of the nickel in soil anomaly is currently in progress. There are also anomalous nickel grab samples within the gabbro to the south, west and north that will also be followed up in the future.

A total of 192 soil samples have been collected to date and results for 109 of these samples were reported on our news release of August 5, 2020. Figure 2 plots the remaining 83 sample results.

For the 192 soil samples, 39% of the samples returned values above 300 PPM nickel, while 11.5% of the samples returned values above 1,000 PPM nickel and 3.6% of the samples returned values over 2,000 PPM nickel.

The sampling has extended the width of the nickel in soil anomaly towards the east of the main anomalous nickel area by approximately 25 to 50 metres. Further soil sampling is currently being conducted to extend the nickel in soil anomaly along strike to the north and the south.

Figure 1

Figure 2

“I am very pleased with the results of outcrop sampling which confirmed a bedrock source for the nickel in soil anomaly” indicated Dwayne Melrose, Director and Technical Advisor for PLAN. “PLAN will continue it outcrop sampling in the areas of the nickel in soil anomaly to better define the bedrock source of the nickel. In addition, we will extend the soil sampling along strike to the north and south of the nickel in soil anomaly”.

“Based on the confirmation of nickel in the bedrock, PLAN is accelerating its exploration program for Heffley Creek for the remainder of 2020. We intend to increase the time spent on the property this Fall.,” stated Steve Harpur, CEO.

Analyses were completed by the Geochemistry 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 followed by AA finish (Au) or ICP finish (Pt and Pd) to measure gold, platinum, and palladium. Silver was measured using aqua regia digestion.

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 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.

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 Provides Shareholder Update

PLAN Provides Shareholder Update 150 150 Progressive Planet Inc.

VANCOUVER, BC / August 14, 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 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.

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 Anomalous Nickel Over a 500 Metre Strike Length at Heffley Creek Property in BC

PLAN Announces Anomalous Nickel Over a 500 Metre Strike Length at Heffley Creek Property in BC 150 150 Progressive Planet Inc.

VANCOUVER, BC / August 5, 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 additional results from its systematic soil geochemical and outcrop sampling program on its precious-base metal and natural pozzolan property in Heffley Creek.

PLAN originally optioned the Heffley Creek Property based on its potential as a source of alumino-silicates as a component of cementitious materials. Canada’s largest cement producer conducted significant work on the property in 1998. The work was focused on defining the quality and quantity of alumino-silicates located on a specific portion of the property. This work included geophysics mapping, geological mapping, topographical mapping, grab sample analysis, a drill program, and alumino-silicate reserve calculations. PLAN has access to this data.

At the time, no deal was reached with the prospector who owned the mineral rights to the property. The property’s mineral rights were maintained by the prospector and other family members until an option was announced with PLAN in Feb 2020. Currently reported sample results include nickel values as high as 3,330 PPM nickel.

A total of 190 soil samples have been collected to date. PLAN has received results for 109 of these samples with 56% of the samples returning values above 300 PPM nickel while 19% of the samples returned values above 1,000 PPM nickel and 6% of the samples returned values over 2,000 PPM nickel.

The soil survey has defined a nickel-in-soil anomaly, greater than 300 PPM nickel, for a strike length of just over 500 metres. The nickel-in-soil anomaly is open along strike to the south and north, plus uphill to the east. A map is attached which shows assay range values and the strike length in the main area of interest.

“I am very pleased with the strike length, the consistency and the grade of the nickel over the entire soil anomaly,” indicated Dwayne Melrose, Director and Technical Advisor for PLAN. “PLAN will continue to extend the soil sampling along strike to the north and south and to the east of the nickel soil anomaly. In addition, we will begin rock sampling in the area of interest to locate a potential bedrock source.”

“Although our initial intent was to systematically test the soil for precious metals, the soil assays to date have now broadened our focus to include searching for nickel. Additional samples of soil and outcrop in the defined nickel-in-soil anomaly have been placed on a rushed testing schedule and we anticipate that our soil geochemistry testing program will continue into the Fall of 2020 until the weather prohibits soil sampling. With the announcement on July 30, 2020 that we had increased our optioned area from 20 claims to 69 claims, we have significantly more ground to explore before winter,” stated Steve Harpur, CEO.

Analyses were completed by the Geochemistry 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 followed by AA finish (Au) or ICP finish (Pt and Pd) 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 is actively completing additional soil and outcrop sampling and will release additional results as they are received.

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 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.

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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