Vancouver, June 23, 2021 – Progressive Planet Solutions Inc. (TSXV: PLAN) (“PLAN” or the “Company”), is pleased to announce the positive accelerated-cure Resistance to Chloride Ion Penetration (RCP) test results for its PozGlass™ SCM product. The Company is focused on delivering economic and eco-friendly solutions for the cement and concrete industry.
Based on the better-than-expected accelerated-cure RCP test results, management believes the market potential for the proprietary formulation and process in the blending of natural pozzolans and recovered post-consumer glass could be larger than originally expected.
Measuring RCP is essential because permeability is a factor in the long-term durability of concrete. Lower permeability results in longer lasting concrete because the metal rebar in the concrete is better protected from outside chemical attack. This is especially important in coastal saltwater environments, where the bulk of the world’s concrete is produced, and applications where de-icing salts are used.
The 28-day accelerated-cure RCP testing was led by Dr. Michael Thomas from C&CS Atlantic. Dr. Thomas is a Professor in the Department of Civil Engineering at the University of New Brunswick (UNB), a registered Professional Engineer in the province of New Brunswick and has been working in the field of cement and concrete research since 1983.
Dr. Thomas’s main research interests include concrete durability and the use of industrial by-products such as pozzolans and slag. He has authored more than 200 technical papers and reports including the book “Supplementary Cementing Materials in Concrete”.
“The 28-day accelerated-cure test results give an indication of the result expected at 91 days with standard curing. As such, the value of 1035 Coulombs at 28 days for the concrete mix with 25% PozGlass SCM indicates excellent performance that should comfortably meet the requirements for a C-1 exposure (1500 Coulombs at 91 days) and possibly C-XL exposure (1000 Coulombs at 91 days),” stated Dr. Thomas. “I am confident that the C-XL requirement would be met easily at a slightly higher replacement (such as 30% PozGlass SCM).”
“The highest durability performance expectations in CSA A23.1 (latest version) are for C-XL concrete, which is structurally reinforced concrete exposed to chlorides or other severe environments with or without freezing and thawing conditions. PozGlass SCM shows the potential to be used for the most demanding C-XL applications and, therefore, greatly reduces the risks for concrete producer’s everyday applications as well,” says Ian Grant, who spent 5 years as a senior executive in the cement and concrete industry prior to becoming PLAN’s VP of Business Development.
The full 91-day RCP test results will be available from Dr. Thomas by end of July 2021. In addition, the 6-month sulphate resistance test results will be completed in early October 2021.
The Company has also received 56-day compressive strength results from Dr. Thomas with strengths performing as expected. PozGlass SCM has climbed to 56.3 MPa at 56 days, while the Portland Cement control was at 59.1 MPa.
“With 25% replacement I would expect the strength to be lower at early age but to see more strength gain with age to the extent that strength parity is eventually reached and the pozzolan mix being superior thereafter. The precise timing of this depends mainly on the properties of the pozzolan and temperature,” says Dr. Thomas. “Achieving near strength parity at 56 days is quite typical of many pozzolans.”
PLAN is using the information gathered in this phase of testing to facilitate early discussions with concrete producers as the company moves towards full-scale commercialization of PozGlass SCM in Western Canada and the Pacific Northwest.
“Our intent with PozGlass SCM is to radically reduce the carbon footprint of cement. When concrete lasts longer, less Portland Cement is produced. Longer lasting concrete is a key to reducing CO2 emissions and part of our goal of building a better, cleaner world,” 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 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.
PLAN Closes Non-Brokered Private Placement
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
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.
Progressive Planet Divests of Lithium IP
JULY 11, 2019 – VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN: TSX-V) (“Progressive Planet” or the “Company”) announces that it has sold its interest in early stage intellectual property relating to sulfur lithium battery research to SuperCap Technologies Corp. (SuperCap).
The selling price was $97,500 and includes a 2% royalty on any resulting sales made by SuperCap if they are successful in commercializing this intellectual property. The selling price enables Progressive Planet to recoup its first-year financial expenditures on the project, while also providing potential upside through the royalty agreement, without any additional investment by the Company.
Since the technology is not yet proven on a commercial basis, Progressive Planet was faced with two more years of financial commitments to InnoTech Alberta, the entity completing the research. The research is currently early stage and additional capital would have been required to commercialize and protect this intellectual property on top of the financial commitments to InnoTech Alberta.
The sale represents the divesture by Progressive Planet of its last remaining lithium interest, and reflects the Company’s continued focus on its zeolite operations. In addition, Progressive Planet informs that it has completed the sale of its interest in the Thompson Brothers Lithium Property previously reported in November 2018, in consideration for 10,500,000 shares of Snow Lake Resources. As a result, the Company no longer owns any direct interest in lithium properties.
SuperCap Technologies is owned by Mr. David Richardson, who owns approximately 16% of the shares of Progressive Planet making this a related party transaction. The transaction remains subject to the Company receiving any necessary approvals from the TSX Venture Exchange.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia, and a 100% interest in the Buckingham Graphite Project in Quebec. 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
Investors@progressiveplanet.ca
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.
PLAN ANNOUNCES NEW MEMBER TO ADVISORY BOARD
December 4, 2018, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (ARB-FRANKFURT) (“PLAN” or the “Company”) is pleased to announce that Mr. Reni Proznick has agreed to join PLAN’s advisory board.
Reni Proznick is a professional engineer (Electrical) who is employed by an international engineering firm in a project management role. Reni is experienced in managing both brownfield and greenfield projects throughout BC, Canada.
“We are excited to add Reni to our team. I originally asked Reni to optimize a collider mill we purchased to produce micronized zeolite from our Z-1 Zeolite Quarry for use in developing supplementary, cementitious materials (SCM’s). I was so impressed with his design skills that I asked him to take on a greater role. Having access to these technical skills is invaluable” stated Steve Harpur, CEO of Progressive Planet.
Mr. Proznick has been issued 300,000 stock options as compensation for his efforts in assisting PLAN.
PLAN has now commissioned its concrete lab at the Advanced Materials Centre in Vernon, BC. PLAN has commenced testing of various concrete blends which include micronized zeolite and has hired a chemist to work at its concrete lab.
With respect to the other product development work that PLAN is undergoing on battery materials, Mr. Proznick will also be the lead technical advisor to the CEO. Specifically, PLAN is funding work being completed by InnoTech Alberta on super high surface area activated carbon. Super high surface area activated carbon can be used for many types of energy storage devices including Li-ion batteries and is a high growth industry.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Mine in British Columbia, an equity interest in Snow Lake Resources, a 5% interest in the Lac Guéret Extensions Graphite Project in Quebec and a 100% interest in the Buckingham Graphite Project in Quebec.
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
Investors@pps.sydneybarron.com
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.
SURFACE CHIP SAMPLES OF UP TO 3.78% LI2O CONFIRMS NEW LITHIUM BEARING PEGMATITE DISCOVERY AT SHERRITT GORDON
Rock chip sampling identifies new spodumene occurrences
Highlights
- Initial phase of rock chip sampling at Sherritt Gordon records values of up to 3.78% Li2
- Mineralisation hosted by a spodumene-bearing pegmatite swarm that has been defined third pegmatite “Grass River”
- The host pegmatites are fresh from surface with no significant depletion of lithium.
- Significant upside potential due to the lack of previous lithium exploration in the area and the strategic land position secured by Snow Lake along strike.
Initial drilling of Grass River planned by Snow Lake Resources for late 2018/early 2019
Progressive Planet is a large shareholder of Snow Lake Resources.
NOVEMBER 26, 2018, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet”, “PLAN” or the “Company”)is pleased to announce that initial reconnaissance rock chip sampling at Snow Lake Resources Sherritt Gordon has recorded new occurrences of higher grade lithium mineralisation (>1.5% Li2O/Figure 1) over an extensive area, with results including:
- SG1802 = 78 % Li20 -Grass River Pegmatite
- SG1804 = 15 %Li20 – SG – Pegmatite
Following Nova’s discovery (ASX Release 28 August 2018) as part of compilation work of historical data, the SNOW (Snow Lake Resources) team have discovered details on a cluster of spodumene-bearing pegmatite dykes located about 2 km southwest of the recently drilled Thomson Brothers pegmatite (Figure 1).
This cluster, known as the Sherritt Gordon (SG) pegmatites, intrudes the outermost quartz diorite phase of the Rex Lake Pluton and was traced about 600 m along strike (Figure 2) by Sherritt Gordon Mines in the 1940s. Dyke SG-1 ranges from 1.5 to 5 m in width and dips 80o to the southwest. Dyke SG-2 is thinner and located about 70 m to the northeast of SG-1 and dips 50o – 70o southwest.
In 1942, the SG-1 pegmatite was drill tested by Sherritt Gordon, and a total of twenty-one shallow drill holes totaling 608 m were completed at angles of -35o with a azimuths of 028o (Figure 3). Rather than reporting assays for Li2O, results in the historical drill logs are reported in “Gravitational Determination Percent Spodumene”. This historical drilling yielded average spodumene contents ranging from 7.22 – 31.9 percent over widths ranging from 1.52 – 5.79 m core length (Table 1). The data contained within Table 1 is a recalculation of percent spodumene from data obtained in the 1942 drill logs. Data for hole SG-08 was not available within the drill log data file.
SG and Grass River pegmatites remain open along strike in both directions and at depth. Dyke SG-2 was never drilled historically. The SG pegmatites are interpreted to have intruded late stage, sub parallel en-echelon, dilatational fractures. If both dykes are projected to depth they could merge or intersect at a depth of approximately 160 m.
Snow Lake Resources intends a follow up drilling program to evaluate the SG-1, 2 and Grass River pegmatites which could contribute to increasing the overall resource inventory of the Thompson Brothers Lithium Project.
Figure 1: Map showing pegmatite locations and rock chip samples
“We are committed to assisting Snow Lake Resources with their goal of fast tracking development of the Thompson Brothers Lithium Project. As a significant shareholder, we are excited to watch this new Sheritt Gordon Zone be systematically explored by Snow Lake in an effort to increase the tonnage of the Thompson Brothers Lithium Project” stated Steve Harpur, CEO of Progressive Planet.
Qualified Person
The technical content of this news release has been reviewed and approved by Dwayne Melrose, P. Geo., a Director of Progressive Planet and a qualified person as defined in NI 43‐101 and is a member of the Association of Professional Engineers and Geoscientists of British Columbia.
Progressive Planet is a Canadian based mineral exploration company with a flagship zeolite mine in British Columbia, and a graphite property in Buckingham, Quebec.
ON BEHALF OF THE BOARD
Signed “Stephen Harpur”
Stephen Harpur, CPA, CGA
CEO
For further information, or to place a zeolite order, please contact:
Stephen Harpur. CEO
1-800-910-3072
SHarpur@ProgressivePlanet.ca
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.
Progressive Planet Grants Options
VANCOUVER, BC /ACCESSWIRE / NOVEMBER 26, 2018 / PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V)(“Progressive Planet” or the “Company”) announces the grant of up to 975,000 options that will be granted to Officers, Directors and Consultants of the Company, exercisable at a price of $0.055 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.
Progressive Planet is a Canadian based mineral exploration company with a flagship zeolite mine in British Columbia, a 20% interest in a lithium project in Manitoba and a graphite property in Buckingham, Quebec.
ON BEHALF OF THE BOARD
Signed “Stephen Harpur”
Stephen Harpur, CPA, CGA
CEO
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.
PROJECT UPDATE ON THOMPSON BROTHERS LITHIUM
AUGUST 29 2018, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet” or the “Company”) is pleased to announce that Nova Minerals Limited (Nova; ASX:NVA FSE:QM3) has released a project update on the Thompson Brothers Lithium Project in its news release dated August 28, 2018.
Nova Minerals Limited own the rights to earn up to 80% ownership interest of the Thompson Bros. Lithium Project from the Company by, among other things, financing the Company’s commitments under its Option Agreement with Strider Resources Ltd.
Per Nova Minerals Limited’s update, a new zone of spodumene bearing outcrops has been identified as part of the Sherritt Gordon (SG) pegmatite cluster. The coarse grain spodumene outcrops identified are 300m southeast of the Sherritt Gordon dykes. For further information, please refer to Nova Minerals Limited’s news release. However, please note that the Company has not verified the accuracy or completeness of Nova Mineral Limited’s news release.
The technical content of this news release has been reviewed and approved by Dwayne Melrose, P. Geo., a Director of Progressive Planet and a qualified person as defined in NI 43‐101 and is a member of the Association of Professional Engineers and Geoscientists of British Columbia.
Progressive Planet is a Canadian based mineral exploration company with a flagship zeolite mine in British Columbia, the rights to earn a 20% interest in the Thompson Brothers Lithium project in Manitoba and a graphite property in Buckingham, Quebec.
ON BEHALF OF THE BOARD
Signed “Stephen Harpur”
Stephen Harpur, CPA, CGA
CEO
For further information, please contact:
Derek Knight
COO
1-800-910-3072
DKnight@ProgressivePlanet.ca
www.progressiveplanet.ca
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 GRANTS OPTIONS
AUGUST 14, 2018, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet” or the “Company”) announces the grant of up to 1,275,000 options that will be granted to Officers, Directors and Consultants of the Company, exercisable at a price of $0.055 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.
Progressive Planet is a Canadian based mineral exploration company with a flagship zeolite mine in British Columbia, a 20% interest in a lithium project in Manitoba and a graphite property in Buckingham, Quebec.
ON BEHALF OF THE BOARD
Signed “Stephen Harpur”
Stephen Harpur, CPA, CGA
CEO
For further information, please contact:
Derek Knight
COO
1-800-910-3072
DKnight@ProgressivePlanet.ca
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.
PROGRESSIVE PLANET ANNOUNCES CLOSING OF OVERSUBSCRIBED PRIVATE PLACEMENT
AUGUST 10, 2018, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet” or the “Company”) is pleased to announce that its non-brokered, private placement is now closed with net proceeds used to finance general working capital and the drill program at the Buckingham Graphite Property this fall. No finder’s fees were paid on this placement.
Over half the placement was subscribed for by board members, advisory board members, the CEO and new COO as well as a contractor working for the Company.
The placement details at the time of closing were 8,650,000 Units at $0.05 each for total proceeds of $432,500. Each unit is subject to a hold period which expires December 11, 2018 and is comprised of one ordinary share and one full share purchase warrant of the Company. Each warrant entitles the holder to acquire one common share of the Corporation until August 10, 2020 at an exercise price of $0.10 per warrant share, subject to an acceleration clause if the shares trade at $0.15 or more for a period of ten consecutive trading days following the completion of the four-month hold period.
Progressive Planet is a Canadian based mineral exploration company with a flagship zeolite mine in British Columbia, a 20% interest in a lithium project in Manitoba and a graphite property in Buckingham, Quebec.
ON BEHALF OF THE BOARD
Signed “Stephen Harpur”
Stephen Harpur, CPA, CGA
CEO
For further information, please contact:
Derek Knight, COO
1-800-910-3072
DKnight@ProgressivePlanet.ca
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.
PROGRESSIVE PLANET WELCOMES QUAK LEE, MASc, LBBP, PM-LPC
AUGUST 09, 2018, VANCOUVER, B.C. – PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet” or the “Company”) is pleased to announce the appointment of Quak Lee as an Advisory Member to our Board of Directors.
Quak Lee is a highly qualified chemical engineer with over 15 years’ experience in engineering, management and data science and has earned a long list of certifications. Mr. Lee will assist in developing value-added products using Progressive Planet Solution Inc.’s existing zeolite assets.
“Quak’s diverse expertise will move us forward in developing exciting new zeolite-based products. We are very pleased to have such a highly skilled professional join our company. I have had the pleasure of working with Quak in the past decade on other product development initiatives” added Stephen Harpur, CEO.
Progressive Planet is a Canadian based mineral exploration company with a flagship zeolite mine in British Columbia, a 20% interest in a lithium project in Manitoba and a graphite property in Buckingham, Quebec.
ON BEHALF OF THE BOARD
Signed “Stephen Harpur”
Stephen Harpur, CPA, CGA
CEO
For further information, please contact:
Derek Knight
COO
1-800-910-3072
DKnight@ProgressivePlanet.ca
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.