Progressive Planet Announces Important Appointments

Vancouver, January 31, 2021 – Progressive Planet Solutions Inc. (TSXV: PLAN) (“PLAN” or the “Company”), is pleased to announce the appointment of Brian Sheppard and Nicole Stefenelli to the company’s Advisory Board, and Dr. Chad Vecitis to its research team.
‘These appointments are a major step forward for Progressive Planet’ says CEO, Stephen Harpur. ‘Brian, Nicole and Chad are leaders in their respective fields, and each bring outstanding expertise that will help us guide the Company through its next stage of growth.’ These appointments are part-time in nature, and each of the appointees remain in their existing roles with their current employers.
Sheppard will advise on marketing and communication efforts. He has over 25 years of experience at Canada’s leading advertising agencies, working on many of the country’s most powerful brands. Sheppard is currently the Executive Creative Director of Saatchi & Saatchi Canada. In addition to creating effective, award-wining advertising, he is also an instructor in the Advertising faculty of the Ontario College of Art & Design (OCADU) in Toronto.
Stefenelli will advise on procurement of commercial amounts of post-consumer glass and other commodities required for the commercialization of PozGlass SCM. She is CEO and Founder of Urban Impact Recycling, a well-established recycling company serving customers in British Columbia’s Lower Mainland. Stefenelli brings three decades of experience in the field of finding solutions to the growing problem of corporate and institutional waste. In 2010 she won the Ernst & Young CEO of the Year in the Cleantech category. In 2012 she was awarded the YWCA Women of Distinction Award in the Entrepreneur category. Stefenelli served on the Board of Directors for the Forum for Women Entrepreneurs and Science World and has also served on the Board of the Recycling Council of British Columbia.
Dr. Vecitis has been contracted to provide expertise and guidance in regard to carbon sequestration in cellular concrete. Dr. Vecitis is the CTO and Co-Founder of Nth Cycle that is redefining the metal supply chain by developing novel metallurgic technologies.  He is also an Associate of Environmental Science & Engineering at the Harvard Paulson School of Engineering & Applied Sciences where his research focuses on environmental science and emerging nanotechnologies.  Dr. Vecitis is co-author of over eighty peer-reviewed papers and a number of patents, and has been invited to present his research around the world.
 
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 Natural Pozzolan Quarry in Cache Creek, British Columbia and is earning a 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
Investors@progressiveplanet.ca
www.progressiveplanet.ca
 
or
 
Jeff Walker,
Vice President, The Howard Group
403-221-0915
888-221-0915
jeff@howardgroupinc.com
 
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 Non-Brokered Private Placement

Vancouver, January 25, 2021 – Progressive Planet Solutions Inc. (TSXV: PLAN) (“PLAN” or the “Company”), is pleased to announce a non-brokered private placement offering of up to 7,000,000 units (“Units”), at $0.20 per unit, for total gross proceeds of up to $1,400,000.

Each Unit will consist of one common share and one share purchase warrant (a “Warrant”) entitling the holder to purchase an additional common share for $0.25 per share for a period of two years. In the event the closing price (or closing bid, if no sales were reported on a trading day) of the Company’s common shares as quoted on TSX Venture Exchange (or such other securities exchange, quotation system or market on which the common shares are listed and where a majority of the trading volume of the common shares occurs) exceeds $0.30 per share for a price of ten consecutive trading days, the Company may, within five days of such event, provide notice by way of news release of early expiry, in which event the warrants will expire 30 days from the date of such news release.
The proceeds of the private placement will be used for general working capital. Countryman Investments Ltd., a company of which David Richardson is the principal, intends to subscribe for 500,000 units in this placement.  Mr. Richardson is a “control person” of the Company by reason of holding, directly and indirectly, more than 20% of the Company’s current issued and outstanding shares.
Eligible finders may receive up to a 5% cash finder’s fee and up to 10% finder’s fee warrants.  Each finder’s fee warrant will entitle the holder to purchase a common share of the Company at an exercise price equal to $0.20 per share for a period of two years.
All securities issued under the financing will be 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
Investors@progressiveplanet.ca
www.progressiveplanet.ca
 
or
 
Jeff Walker,
Vice President, The Howard Group
403-221-0915
888-221-0915
jeff@howardgroupinc.com
 
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 Advances PozGlass SCM Testing

Vancouver, January 25, 2021 – Progressive Planet Solutions Inc. (TSXV: PLAN) (“PLAN” or “Progressive Planet”), announces that it has engaged C&CS Atlantic Inc. to complete  testing required to commercially launch PozGlass SCM. The principal of C&CS Atlantic is Dr. Michael Thomas.
In 2020, the University of Alberta conducted an initial set of tests on the company’s Natural Pozzolan Blend, which showed superior qualities to fly ash as a supplementary cementing material. Due to COVID-19, the U of A was only able to complete some of the necessary tests.
The additional testing will be conducted in two phases with phase one expected to be completed by the end of April 2021 and phase two in the third quarter of 2021.
Subject to a successful completion of the additional tests such as compressive strength and alkali-silica reactivity, management will move to a full-scale commercial roll-out of the PozGlass SCM product. PozGlass SCM combines natural pozzolan, recycled, post-consumer glass, and proprietary formulations and processes. The objective is to displace fly ash, a by-product of burning coal for electricity generation, with an environmentally friendly product that creates enhanced properties in ready mix and pre-cast concrete.
Michael Thomas is a Professor in the Department of Civil Engineering at the University of New Brunswick (UNB), Canada, and a registered Professional Engineer in the province of New Brunswick. Michael has been working in the field of cement and concrete research since 1983.
Prior to joining UNB in 2002, Michael had been on faculty at the University of Toronto since 1994, and previous to this, he worked as a concrete materials engineer with Ontario Hydro in Canada (1991-93) and as a research fellow with the Building Research Establishment in the UK (1986-1991).
Dr. Thomas’s main research interests are concrete durability and the use of industrial by-products including pozzolans and slag. Dr. Thomas has authored more than 200 technical papers and reports including the book “Supplementary Cementing Materials in Concrete”.
Dr. Thomas is active on technical committees within the American Concrete Institute (ACI), ASTM, RILEM, and the Canadian Standards Association (Awarded Order of Merit in 2010). He was a recipient of the ACI’s Wason Medal for Materials Research in 1997, 2009 and 2014, the ACI Construction Practice Award in 2001 and was elected to a Fellow of the Institute in 2006.
“PLAN is excited to commence a working relationship with C&CS Atlantic and Dr. Thomas. As we continue to build our team, we are focused on procuring world class talent. We are also proud to use Canadian expertise wherever possible,” stated Steve Harpur, CEO.
In addition to conducting tests on pozzolans owned by PLAN, the testing regimen includes testing additional pozzolans which PLAN is evaluating for potential future use.
 
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
Investors@progressiveplanet.ca
www.progressiveplanet.ca
 
or
 
Jeff Walker,
Vice President, The Howard Group
403-221-0915
888-221-0915
jeff@howardgroupinc.com
 
 
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

Vancouver, January 20, 2021 – Progressive Planet Solutions Inc. (TSXV: PLAN) (“PLAN” or “Progressive Planet”), announces that, further to its news releases dated December 22, 2020 and January 7, 2021, the Company has closed its non-brokered private placement financing comprising of 7,500,000 units, at $0.10 per unit, for total gross proceeds of $750,000.
Each such unit will consist of one share and one share purchase warrant entitling the holder to purchase an additional share in the Company for $0.15 per share if exercised on or before January 20, 2023. In the event the closing price (or closing bid, if no sales were reported on a trading day) of the Company’s common shares as quoted on TSX Venture Exchange (or such other securities exchange, quotation system or market on which the common shares are listed and where a majority of the trading volume of the common shares occurs) exceeds $0.25 per share for a price of ten consecutive trading days, the Company may, within five days of such event, provide notice by way of news release of early expiry, in which event the warrants will expire 30 days from the date of such news release.
The proceeds of the private placement will be used for general working capital.  Two insiders participated in this private placement.  David Richardson, a “control person” of the Company by reason of holding, directly and indirectly, more than 20% of the Company’s issued shares, purchased 1,000,000 units through his company Countryman Investments Ltd., for a total of $100,000.  The Howard Group Inc., which provides investor relations services to the Company, purchased 350,000 units for a total of $35,000.
The Company has paid an aggregate total of $27,750 in cash finders’ fees and issued an aggregate total of 277,500 finder’s fee warrants in connection with this private placement to three finders. Each finder’s fee warrant will entitle the holder to purchase a common share of the Company at an exercise price equal to $0.10 per share, on or before January 20, 2022.
All securities issued under the financing will be subject to a statutory four month hold period and securities will bear legends restricting resale until May 21, 2021.
 
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
Investors@progressiveplanet.ca
www.progressiveplanet.ca
 
or
 
Jeff Walker,
Vice President, The Howard Group
403-221-0915
888-221-0915
jeff@howardgroupinc.com
 
 
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 AMENDMENT TO PRIVATE PLACEMENT

Vancouver, January 7, 2021 – 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 the size of the non-brokered private placement financing previously announced on December 22, 2020, has increased from 3,500,000 units to up to 7,500,000 units, at $0.10 per unit, for aggregate gross proceeds of up to $750,000.
Each such unit will consist of one share and one warrant exercisable at $0.15 per share for a period of 24 months from issuance. In the event that the closing price (or closing bid, if no sales were reported on a trading day) of the Company’s common shares as quoted on TSX Venture Exchange (or such other securities exchange, quotation system or market on which the common shares are listed and where a majority of the trading volume of the common shares occurs) exceeds $0.25 per Share for a price of ten consecutive trading days, the Company may, within five days of such event, provide notice by way of news release of early expiry, in which event the warrants will expire 30 days from the date of such news release
Use of proceeds will be for general working capital.  Countryman Investments Ltd., a company of which David Richardson is the principal is expected to participate in this financing.  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.
There are currently 42,255,711 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.   All securities issued under these financings are subject to a statutory four month hold period.
All securities issued under the financing will be 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:

Jeff Walker
Vice-President
The Howard Group Inc.
jeff@howardgroupinc.com
(403) 221-0915

 
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 Flow-Through Private Placement

Vancouver, Dec 29, 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 is has closed the “flow-through” financing it announced on December 22, 2020. The financing was fully subscribed.
There were 2,500,000 flow-through units issued under the private placement at $0.10 per flow-through unit, for gross flow-through proceeds of $250,000. Each flow-through unit consisted of one “flow-through” common share and one-half of a warrant, each whole warrant exercisable at $0.15 per share for a period of twelve months.
Use of proceeds will be for continued exploration on the Company’s 100% owned Heffley Creek Metals and Pozzolan Property in BC. A director of the Company subscribed for 800,000 units of this flow through financing. There were no finder’s fees paid on the flow through financing.
All securities issued under these financings will be 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 Natural Pozzolan 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
Investors@progressiveplanet.ca
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 Engages The Howard Group to Direct Capital Market Communications Programs

Vancouver, December 23, 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 engaged The Howard Group Inc. (The Howard Group) as its investor relations communications advisor to direct both traditional and online initiatives targeting the investment community and retail investing groups.
The Agreement is for one-year commencing December 22, 2020. The total remuneration payable to The Howard Group will be $87,000 plus GST. In addition, The Howard Group will be granted options under PLAN’s incentive stock option plan to acquire five hundred thousand (500,000) common shares of the Company with the exercise price equal to the closing price of PLAN’s shares on December 23, 2020 or $0.10 per share, whichever is greater. These options have a term of three years and will vest quarterly over the one-year term.
The Howard Group Inc. is based out of Calgary, AB and its sole principal is Grant Howard.  Neither the Howard Group or Grant Howard currently own any securities of Progressive Planet. The Howard Group intends to invest in 350,000 units of the hard dollar private placement announced by PLAN on December 21, 2020 for a total of $35,000.
The Agreement is subject to the approval of the TSX Venture Exchange.
Since 1988, The Howard Group has provided comprehensive investor outreach and capital markets programs, financing assistance, business development solutions and strategic planning to public companies.
In addition, The Howard Group will be providing an ongoing commentary on Progressive Planet’s activities through its “Insight” blog. Interested parties are encouraged to subscribe to the commentary feed:
 
https://howardgroupinc.com/howard-group-blog/.
 
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
Investors@progressiveplanet.ca
www.progressiveplanet.ca
 
or
 
Jeff Walker
Vice President
The Howard Group Inc.
Email: jeff@howardgroupinc.com
Tel: 403-221-0915
Toll Free: 1-888-221-0915
 
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 Private Placements

Vancouver, Dec 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 two financings for aggregate gross proceeds of up to $550,000.  
The first financing consists of a non-brokered private placement of up to 3,000,000 units at $0.10 per unit (the “hard dollar financing”), for gross proceeds of up to $300,000.  Each such unit will consist of one share and one warrant exercisable at $0.15 per share for a period of 24 months from issuance. Use of proceeds will be for general working capital. Countryman Investments Ltd., a company of which David Richardson is the principal, intends to subscribe for 1,000,000 units in this placement.  Mr. Richardson is a “control person” of the Company by reason of holding, directly and indirectly, more than 20% of the Company’s current issued and outstanding shares. 
The second financing consists of a non-brokered “flow-through” private placement of up to 2,500,000 units at $0.10 per flow through unit, for gross flow through proceeds of up to $250,000. Each flow through unit will consist of one “flow through” common share and one-half of a warrant, each whole warrant exercisable at $0.15 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. A director of the Company intends to subscribe for 800,000 units of this flow through financing.
Eligible finders may receive a 5% cash finders’ fee and 5% finder’s fee warrants on the hard dollar financing only, 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. There will be no finder’s fees paid on the flow through financing.  
All securities issued under these financings will be 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 Cache Creek, BC and is earning a 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
Investors@progressiveplanet.ca
www.progressiveplanet.ca
 
Forward-Looking Statements:
Neither the TSX Venture Exchange nor it’s 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 Completes 2020 Summer Exploration Program with Positive Results at Heffley Creek Property

Vancouver, December 18, 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 completed the 2020 Summer Exploration program with positive results on its 100% owned Heffley Creek  Metals and Pozzolan Property in BC.  PLAN has progressively reported through the summer of 2020 the results and discovery of a nickel and chromium soil anomalies, which were then confirmed by detailed rock sampling.  The nickel and chromium anomalous area ranges from 150 to 300 metres in width and 600 to 800 metres in length (PLAN October 28, 2020).
The summer program consisted of soil sampling (459 soil samples), rock sampling (271 rock samples) and prospecting.
A total of 271 rock samples have submitted for analysis and all results have been received to date.  Of the 271 samples, 84 (31%) returned values greater than 0.1% nickel and 43 (15.9%) of those samples returned values greater than 0.2% nickel, with the highest value being 0.27% nickel.  The results are illustrated on Figure 1.
Of the 271 rock samples, 59 (21.8%)  samples returned values greater than 0.2% chromium and 13 (4.8%) of those samples returned values greater than 0.4 % chromium with the highest values being 0.66% chromium.  The results are illustrated on Figure 2.
Figures 1 and 2 illustrates the coincident anomalous nickel and chromium sample locations in an area ranging from 150 to 350 metres in width and 600 to 800 metres in length.  The anomalous area is still open along strike to the south into an area of little outcrop.  This anomalous trend is coincident with the previously identified nickel in soil anomaly reported on August 5, 2020.
The anomalous nickel and chromium grab samples were collected in altered leuco-gabbro and serpentinite rocks. There are 2 anomalous nickel – chromium samples (+ 0.1 % Ni and + 0.1% Cr) 500 metres to the south along this trend.  The area between the 2 anomalous trends will be sampled in detail in the future, but with the lack of outcrop in this area and the beginning of snow fall at the high elevation of the area, this work will commence in the Spring of 2021.
All rock samples were also analyzed for gold.  A total of 9 (3.3%) grab samples returned values over 0.1 g/t gold with the highest grab sample returned 0.6 g/t gold.  Figure 3 illustrates the location of the anomalous gold samples within an area approximately 200 metres wide by 800 metres long with abundant quartz boulders and gabbroic bedrock with quartz stringers and veins.  There is no correlation with gold and the nickel – chromium.
All samples are not necessarily representative of the mineralization hosted on the property.



“I am very pleased with the results of the overall summer exploration program with the discovery of the nickel – chromium soil anomaly, then verifying the soil anomaly with rock sampling and then defining of the nickel – chromium anomaly in width and in length” indicated Dwayne Melrose, Director and Technical Advisor for PLAN. “There are still remaining identified nickel – chromium samples outside of the main anomalous area plus the elevated gold samples that have to be followed up in 2021.  All data from the summer program will be complied and interpreted to define the 2021 summer exploration program.”
“The discovery of anomalous chromium values of up to 0.66% in conjunction with the nickel values increases the value of the rock. Stainless steels contain at least 10.5% chromium, so there is a robust market for nickel and chromium. PLAN will begin the process of applying for a drill permit in January 2021,” stated Steve Harpur, CEO.
As part of the check analysis program, 62 rock samples selected and were re-analyzed using Whole Rock Fusion/X-Ray Fluorescence Spectroscopy (XRF) at the ALS Canada metallurgical facility in Kamloops.  XRF reported an increase of chromium content compared to the 4 acid digestion ICP that was initially used. To verify the chromium results and as a further check, all rock samples were then subjected to Whole Rock Fusion/X-Ray Fluorescence Spectroscopy (XRF) and conducted by ALS Canada Geochemical Division.  The comparison of the XRF results with the original 62 XRF check samples have a very high repeatability.  When comparing the two analytical methods for chromium results, the XRF values on average returned higher chromium values at an average ratio of 1.6 times.  As the XRF method is a more precise method, all chromium results reported in this release and in the future will be based of the XRF analytical method.
Analyses were completed by the Metallurgical division and also the Geochemical 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 rock samples were also analyzed by 14 element Whole Rock Fusion/X-Ray Fluorescence Spectroscopy (XRF).
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.
Update on Testing with University of Alberta
PLAN received written notification from the University of Alberta that due to access restrictions effective from December 14, 2020 through to a minimum of January 11, 2021, no testing work can be completed on the five tests which were contracted for completion with U of A as announced in a news release on August 20, 2020. “While this news is disappointing, we recognize that the safety of research staff is paramount during these unprecedent times. PLAN will evaluate other options to accelerate final testing of its PozGlass SCM product. PozGlass SCM was developed by PLAN to replace fly ash in concrete,” 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 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
Investors@progressiveplanet.ca
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 Sells Private Company Shares to Finalize Focus on BC Assets

Vancouver, November 24, 2020 – Progressive Planet Solutions Inc. (TSXV: PLAN) (“PLAN” or “Progressive Planet”), an emerging leader in reducing the carbon footprint of cement products using natural pozzolans, is pleased to announce it has sold and optioned a combined total of 10 million of its 10.5 million shares of Snow Lake Resources.
The sale and option agreements were made with two arms-length purchasers. The first sale was for 1,700,000 shares at $0.04 per share for a total of $68,000 and includes an option granted by PLAN entitling the same party to purchase an additional 4,966,666 shares at $0.04 per share until May 11, 2021. The second sale was for 1,250,000 shares at $0.04 per share for a total of $50,000 and includes an option granted by PLAN to such party to purchase an additional 2,083,334 shares until August 14, 2021. As at the date of this news release, PLAN has received $116,000 and will receive another $284,000 if the remaining shares are purchased under the option agreements.
The sale of this non-core asset is the final step in focusing PLAN on developing its portfolio of assets in the Kamloops area of BC. The map below shows the location of the 3 mineral properties and the comminution plant.

MAP OF PLAN’s BC ASSETS


PLAN intends to use the funds from this sale to purchase larger equipment for its Comminution Plant in Spallumcheen, BC, which in turn will support revenue growth. The comminution plant finished commissioning in late August 2020 and is producing and shipping product on an ongoing basis. The plant currently has a backlog of orders from customers.
“The Snow Lake Resources shares represented a minority interest in a company that is focused on minerals outside our area of interest. This asset was recorded on our balance sheet at a value of $135,388. If the options are exercised, we will receive a total of $400,000 for 10 million of these shares. Our sole focus going forward is to develop our pozzolan and metals properties in BC while growing our bricks and mortar business of making rock powders,” stated Steve Harpur, CEO.
 
ABOUT PROGRESSIVE PLANET
Progressive Planet is an emerging leader in reducing the carbon footprint of cement products using natural pozzolans to 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. Progressive Planet also operates a Comminution Facility in Spallumcheen, BC. All three properties and the Comminution Plant are all 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
Investors@progressiveplanet.ca
www.progressiveplanet.ca
 
Forward-Looking Statements:
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