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Key stats and details

Current Price
0.19
Bid
0.18
Ask
0.19
Volume
9,500
0.19 Day's Range 0.19
0.08 52 Week Range 0.19
Market Cap
Previous Close
0.18
Open
0.19
Last Trade
4000
@
0.185
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
111,980
Shares Outstanding
112,496,000
Dividend Yield
-
PE Ratio
-54.29
Earnings Per Share (EPS)
-0
Revenue
19.63M
Net Profit
-393k

About Progressive Planet Solutions Inc

Sector
Miscellaneous Metal Ores,nec
Industry
Business Services, Nec
Headquarters
Kamloops, British Columbia, Can
Founded
2008
Progressive Planet Solutions Inc is listed in the Miscellaneous Metal Ores sector of the TSX Venture Exchange with ticker PLAN. The last closing price for Progressive Planet Solut... was $0.18. Over the last year, Progressive Planet Solut... shares have traded in a share price range of $ 0.08 to $ 0.19.

Progressive Planet Solut... currently has 112,496,000 shares outstanding. The market capitalization of Progressive Planet Solut... is $20.25 million. Progressive Planet Solut... has a price to earnings ratio (PE ratio) of -54.29.

PLAN Latest News

Progressive Planet improves cash position to over $2.5 million, buys back an additional 696,000 shares

Progressive Planet improves cash position to over $2.5 million, buys back an additional 696,000 shares Canada NewsWire KAMLOOPS, BC, Nov. 6, 2024 /NOT FOR DISTRIBUTION IN THE USA/ Over $2.5...

Progressive Planet continues share buyback program

Progressive Planet continues share buyback program Canada NewsWire KAMLOOPS, BC, Sept. 25, 2024 /NOT FOR DISTRIBUTION IN THE USA/ 531,000 shares purchased at below book value in August...

Progressive Planet demonstrates strong start with profitable Q1 following year of cost control implementation and continued improvements versus prior year Q1

Progressive Planet demonstrates strong start with profitable Q1 following year of cost control implementation and continued improvements versus prior year Q1 Canada NewsWire KAMLOOPS, BC, Sept...

Progressive Planet announces annual financial results

Progressive Planet announces annual financial results Canada NewsWire KAMLOOPS, BC, Aug. 28, 2024 EBITDA improves to $1.355 million from $308,000 and operating cash flow increases to $2.57...

Progressive Planet continues share buyback program and provides corporate update

Progressive Planet continues share buyback program and provides corporate update Canada NewsWire KAMLOOPS, BC, Aug. 7, 2024 /NOT FOR DISTRIBUTION IN THE USA/ 658,500 shares purchased at below...

Progressive Planet share buyback starts strong, building long-term shareholder value

Progressive Planet share buyback starts strong, building long-term shareholder value Canada NewsWire KAMLOOPS, BC, July 11, 2024 /NOT FOR DISTRIBUTION IN THE USA/ 849,500 shares purchased at...

Progressive Planet Announces Normal Course Issuer Bid

Progressive Planet Announces Normal Course Issuer Bid Canada NewsWire KAMLOOPS, BC, June 4, 2024 /NOT FOR DISTRIBUTION IN THE USA/ Improved cash position, cost controls and continued investment...

Progressive Planet Announces Superb 28 Day Compressive Strength for New Low Carbon Cement

Progressive Planet Announces Superb 28 Day Compressive Strength for New Low Carbon Cement Canada NewsWire KAMLOOPS, BC, May 2, 2024 /NOT FOR DISTRIBUTION IN THE USA/ KAMLOOPS, BC, May 2, 2024...

Progressive Planet Announces Superb Compressive Strength for New Low Carbon Cement

Progressive Planet Announces Superb Compressive Strength for New Low Carbon Cement Canada NewsWire KAMLOOPS, BC, April 11, 2024 /NOT FOR DISTRIBUTION IN THE USA/ KAMLOOPS, BC, April 11, 2024...

Progressive Planet Announces Issuance of Stock Options

Progressive Planet Announces Issuance of Stock Options Canada NewsWire KAMLOOPS, BC, March 14, 2024 /NOT FOR DISTRIBUTION IN THE USA/ KAMLOOPS, BC, March 14, 2024 /CNW/...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.0158.571428571430.1750.190.1651293990.17439496CS
40.065520.1250.190.121248340.14849504CS
120.0951000.0950.190.081119800.13257553CS
260.09900.10.190.08962060.11525732CS
520.0872.72727272730.110.190.08907310.11062706CS
156-0.32-62.74509803920.510.540.08720240.21004498CS
2600.1656600.0250.60.015746810.21410383CS

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PLAN Discussion

View Posts
kahlua kahlua 1 year ago
Very quiet here. I’m still holding half a position. Fully diluted share count is now 150M, which is rather high, especially considering the pre-commercial status of their blue sky opportunities with fertilizer and SCM. While Steve is very informative with his YouTube presentations, what is really missing for investors to connect the dots is the company’s current capacity available for legacy vs blue sky businesses and how expensive would it be to scale up?
Steve had said the pozglass pilot plant could cost $10M just to test if it’s economically viable. But there’s not enough cash/cash flow, so how can this plant be funded without further dilution?
The collaboration with PYR is exciting if it bears fruit. Hopefully they can offer results on those tests prior to YE. We should also get a better idea of the fertilizer potential once trial results come back before YE. Lots of irons in the fire but for now the market is really just giving value to the legacy business and virtually none to IP or blue sky potential and I’d guess this is due to the likelihood of further dilution.
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kahlua kahlua 2 years ago
Reduced my position considerably after disappointing YE results.
Significant margin compression due to inflation pressures..
Now I understand why the owners sold. Margin erosion began during Covid and accelerated recently in a big way. The APL team lacked adaptability.
Despite recent warrant acceleration, Cash is the near term concern so Q1 results (out soon) should answer some questions.
Bigger picture potential is still there especially with Q3 tolling rev potential and as we get further details on SCM commercialization plans.
Shares out plus a large number of warrants has the f/d shares near 150M or a 45M market cap for a company with barely $20M sales trying to claw back gross margins toward 20%. That’s very overpriced imo… investors are giving too much valuation premium to unproven uncommercial IP. So I’ll hold a few and watch for the market to come to its senses. But insiders are strong supporters of the stock so that’s a big plus and certainly buttresses the share price
👍️0
kahlua kahlua 2 years ago
Doubled my position at .25 last week. Thought perhaps I could get even more at lower prices near .20 during the warrant acceleration period but the buying window quickly closed. Anywhere near .30 and I’ll add more if given the opportunity. I’d prefer the market continues to sleep on this one for a while longer.

I expect a sizable revenue increases going forward with solid margins as the integrated APL acquisition opens up the rock phosphate tolling opportunity in a big way. Success in the SCM market is going to take more time to materially prove out and be commercialized but with increasing cash flow from operations and ongoing warrant accelerations to bring in additional capital, the company can pay down the debt and self fund their growth and expansion plans. And just as importantly: STOP diluting shareholders with dirt cheap warrants to friends and family insiders. The share structure has grown rapidly in the last 12 months so I want management to be far more prudent going forward.
👍️0
kahlua kahlua 2 years ago
The market has this one on ignore for now, which provided an opportunity to get long with some cheapies recently in the .26 - .28 range.

The phosphate tolling plant expansion is the low hanging fruit revenue growth opportunity offering strong margins while they continue to refine their SCM solutions and provide further details on commercial ramp up and production.

Strong insider support. Share structure is a little high at 140 M f/d but hopefully they’re able to self fund expansion plans with accelerated warrant exercises and strong revenue growth especially with DAP and MAP still near record highs due to China’s curbed exports and record high nat gas prices in the EU closing fertilizer production capacity.
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HGBlog HGBlog 3 years ago
$PLAN.V Progressive Planet Announces Sustainable Fertilizer and Agriculture Operations Expansion

https://howardgroupinc.com/progressive-planet-announces-sustainable-fertilizer-and-agriculture-operations-expansion/
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V Progressive Planet Closes Final Tranche of Private Placement for Total Proceeds of $6.22M

https://howardgroupinc.com/progressive-planet-closes-final-tranche-of-private-placement-for-total-proceeds-of-6-22m/
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V Progressive Planet Closes Acquisition of Absorbent Products Ltd.

https://howardgroupinc.com/2022/02/22/progressive-planet-closes-acquisition-of-absorbent-products-ltd/
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V Progressive Planet Closes First Tranche of Private Placement for Gross Proceeds of $4,014,675

https://howardgroupinc.com/2022/02/11/progressive-planet-closes-first-tranche-of-private-placement-for-gross-proceeds-of-4014675/
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V PROGRESSIVE PLANET ENGAGES BANK OF MONTREAL TO UNDERWRITE DEBT TO PROCEED WITH ACQUISITION OF ABSORBENT PRODUCTS LTD.

https://howardgroupinc.com/2022/01/28/progressive-planet-engages-bank-of-montreal-to-underwrite-debt-to-proceed-with-acquisition-of-absorbent-products-ltd/
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V PROGRESSIVE PLANET ENGAGES PYROGENESIS CANADA INC FOR POZGLASS 100G SCM OPTIMIZATION FEASIBILITY STUDIES

https://howardgroupinc.com/2022/01/27/progressive-planet-engages-pyrogenesis-canada-inc-for-pozglass-100g-scm-optimization-feasibility-studies/
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V Progressive Planet Q1 2022 Company Presentation

https://howardgroupinc.com/wp-content/uploads/2022/01/PLAN-Investor-Deck-2022-Jan-07.pdf
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V Market Responds Positively to Progressive Planet’s Pending Acquisition

https://howardgroupinc.com/2022/01/12/market-responds-positively-to-progressive-planets-pending-acquisition/
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V PROGRESSIVE PLANET RECEIVES TSXV CONDITIONAL APPROVAL TO PROCEED WITH ACQUISITION OF ABSORBENT PRODUCTS LTD.

https://howardgroupinc.com/2022/01/10/progressive-planet-receives-tsxv-conditional-approval-to-proceed-with-acquisition-of-absorbent-products-ltd/
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V PROGRESSIVE PLANET ANNOUNCES MANAGEMENT WEBINAR TO PROVIDE BUSINESS AND OPERATIONS UPDATE

https://howardgroupinc.com/2022/01/progressive-planet-announces-management-webinar-to-provide-business-and-operations-update/
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V PROGRESSIVE PLANET’S VP OF R&D, DR. ROGER MAH, RECOGNIZED FOR CARBON CAPTURE CONTRIBUTED RESEARCH IN SCIENCE MAGAZINE

https://howardgroupinc.com/2021/12/progressive-planets-vp-of-rd-dr-roger-mah-recognized-for-carbon-capture-contributed-research-in-science-magazine/

#progressiveplanet #carbon #carboncapture #environment #green #greentech #greentechnology #tech #research #science #pozzolan
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V PROGRESSIVE PLANET ANNOUNCES COMPELLING 28-DAY STRENGTH RESULTS FOR POZGLASS™ 100G SCM FROM INDEPENDENT LAB

https://howardgroupinc.com/2021/12/progressive-planet-announces-compelling-28-day-strength-results-for-pozglass-100g-scm-from-independent-lab/
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HGBlog HGBlog 3 years ago
$PLAN.V Progressive Planet Shareholder Update

https://howardgroupinc.com/2021/12/progressive-planet-shareholder-update/
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HGBlog HGBlog 3 years ago
$PLAN.V Progressive Planet Launches New Calgary-based R&D Innovation Division, Focus On Sustainable Cement Development And Materials Science Consulting

https://howardgroupinc.com/2021/11/progressive-planet-launches-new-calgary-based-rd-innovation-division-focus-on-sustainable-cement-development-and-materials-science-consulting/
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V | Progressive Planet Unveils 100% Recycled Post-Consumer Glass Pozzolan Created to Sequester and Radically Reduce Carbon Emissions in Concrete

https://howardgroupinc.com/2021/11/progressive-planet-unveils-100-recycled-post-consumer-glass-pozzolan-created-to-sequester-and-radically-reduce-carbon-emissions-in-concrete/
👍️0
HGBlog HGBlog 3 years ago
$PLAN.V HG Interview with Steve Harpur, CEO at Progressive Planet Solutions Inc.



#progressiveplanet #pozglass #ecofriendly #green #greentech #environment #environmental #lowcarbon #flyash #concrete
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HGBlog HGBlog 3 years ago
$PLAN.V Progressive Planet Moves PozGlass SCM Commercialization Efforts Forward with Strong Proprietary Formula Test Results

https://howardgroupinc.com/2021/10/progressive-planet-moves-pozglass-scm-commercialization-efforts-forward-with-strong-proprietary-formula-test-results/

#progressiveplanet #pozglass #ecofriendly #green #greentech #environment #environmental #lowcarbon #flyash #concrete
👍️0
TC885 TC885 3 years ago
Progressive Planet congratulates ZS2 for Baymag partnership

https://howardgroupinc.com/2021/09/progressive-planet-congratulates-zs2-for-baymag-partnership/
👍️0
Sam Dan Sam Dan 3 years ago
More good news from management as the rollout of revenue producing projects continue

" ("PLAN" or the "Company"), wishes to congratulate ZS2 Technologies on its milestone strategic partnership (the "Partnership") with Baymag Canada to accelerate commercialization of leading-edge sustainable construction materials. The highlight of the news is listed below.

Progressive Planet Solutions (CNW Group/Progressive Planet Solutions)

Baymag Inc., North America's leading producer of Magnesium Oxide, and ZS2 Technologies Ltd., a rapidly growing Alberta based developer of innovative building technologies, are pleased to announce a strategic partnership to accelerate the development of high-performance construction material technologies which are safer, healthier, and sustainable.

Through this partnership, both companies will reduce environmental impacts at the Baymag mine and in their respective operations. This partnership includes raw material supply, joint research and development activities, and market initiatives for new products in the building material

On July 15, 2021, PLAN announced an LOI that included a supply agreement with ZS2 of up to 10,000 tons annually of Z1 Natural Pozzolan from PLAN's Z1 Natural Pozzolan Quarry. The LOI also highlights the Company agreed to invest up to $300,000 in units of a private placement in ZS2, which has since been approved by the TSX Venture Exchange. Finally, the agreement included combining applied research efforts between PLAN and ZS2 to permanently sequester CO2 in magnesium-based cements.

ZS2 is a leading-edge technology company focused on the development and commercialization of sustainable construction materials which are safer, stronger, and healthier for residential, commercial, and institutional clients. ZS2's proprietary TechPanels™, TechBoard™, TechClad™, and TechSpray™ are based on low carbon proprietary magnesium cement formulations. Headquartered in Calgary, Alberta, ZS2 is a leading player in the growing low carbon technology economy in Western Canada.

Baymag Inc. is North America's leading producer of Magnesium Oxide and Canada's sole producer with state-of-the art processing facilities in Exshaw, Alberta, mine site near Radium, B.C. and corporate head office in Calgary, Alberta. This strategic partnership coincides with the recently completed multi-million-dollar expansion of Baymag's world class processing facility and strategic investment in the Alberta economy.

Since signing the July 15 agreement with ZS2, PLAN has developed a process to deliver CO2 into magnesium cement and ZS2 has developed a proprietary recipe which includes materials supplied by PLAN along with materials supplied by Baymag.

"We are proud to be a strategic partner with ZS2 and a significant supplier of low carbon materials for their made-in-Canada solutions for lowering carbon footprints of the building industry," states Stephen Harpur, PLAN's CEO. "Low carbon building technologies are a vital part of reducing global carbon emissions. We are delighted that ZS2 has created this exciting partnership with Baymag to accelerate the efforts of ZS2 to reduce the carbon footprint of the global building industry"

Scott Jenkins, CEO of ZS2 Technologies, commenting on the rapidly growing ecosystem of leading-edge companies focused on sustainable building companies, "Our recently announced partnership with the world's largest non state-owned magnesium producer is a perfect compliment to our previously announced partnership with Progressive Planet Solutions and further demonstrates the growing group of innovators in the low carbon material space coming together. The economic opportunity from true low carbon, high performance building materials is a generational opportunity to improve our planet."

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."
👍️0
TC885 TC885 3 years ago
Progressive Planet Appoints Mr. Peter Lacey to its Board

https://howardgroupinc.com/2021/09/progressive-planet-appoints-mr-peter-lacey-to-its-board/
👍️0
Sam Dan Sam Dan 3 years ago
A significant confirmation of valued results was announced today. Major step towards a significant possible revenue source.
" ("PLAN" or the "Company"), is pleased to announce the positive 91-day 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.

On June 23, 2021, PLAN announced the better-than-expected accelerated-cure RCP test results for PozGlass SCM. The 28-day accelerated-cure test results give an indication of the result expected at 91 days with standard curing. The Company is pleased to announce the 91-day RCP test results of 1035 Coulombs with 25% of Portland cement replaced with PozGlass SCM are identical to those received during the 28-day accelerated-cure test results.

"We believe PozGlass SCM will radically reduce the carbon footprint of cement through every step of the process," stated Steve Harpur, CEO. "Lower permeability means longer-lasting concrete and less cement powder used in the future, which is key to reducing CO2 emissions."

With the confirmation of the results, management remains optimistic that 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.

On or before October 18, 2021, PLAN will be releasing the 6-month sulfate resistance test that began in April of this year. The test is the last remaining concrete durability test underway with C&CS Atlantic and represents another potential market size boost for PozGlass SCM.

Numerous precast and ready-mix concrete applications specify moderate-to-high resistance to sulfate attack and therefore require cement capable of resisting sulfate attack. Preliminary results from sulfate-resistance tests indicate that PozGlass SCM used at a 25% replacement for Portland cement significantly increases resistance to sulfate attack,
Sulfate resistance helps protect against soils or ground waters where sulfate concentrations are higher than normal; often necessary in foundations such as basements and pilings. Sulfate resistant concrete is also widely used for concrete exposed to seawater and salt-water environments, in agriculture for structurally reinforced concrete exposed to manure and/or silage gases, and for concrete applications exposed to municipal sewage and industrial effluent.

PLAN is using the information gathered in these final phases of testing to facilitate early discussions with concrete producers, which has already met with success. The July 15 announcement of an LOI with ZS2 Technologies Ltd. stated PLAN will commence supplying ZS2 Technologies with commercial amounts of SCM product in Q4 2021, ramping up to 10,000 tons annually of Natural Pozzolan from PLAN's Z1 Natural Pozzolan Quarry as the Company moves towards full-scale commercialization in Western Canada and the Pacific Northwest."

👍️0
Sam Dan Sam Dan 3 years ago
Impressive development in the proving of the treatment eco-friendly cement powders
"("PLAN" or the "Company"), is pleased to announce that it is receiving advisory services and funding of up to $100,000 from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support the Company's research and development project to optimize PozGlass™ SCM. The project furthers the Company's path to commercialization of economic and eco-friendly cement powders to replace Portland cement and fly ash in the production of concrete.

Progressive Planet Solutions (CNW Group/Progressive Planet Solutions)

In recent weeks, PLAN has successfully sequestered CO2 into the post-consumer glass in PozGlass SCM using a proprietary process. Early results show the carbonated glass improves performance and the emissions reduction potential of PozGlass SCM. A US provisional patent application has been filed by PLAN.

"It is exciting that our early efforts to permanently sequester carbon dioxide in glass have been successful," states Steve Harpur, CEO. "With our NRC IRAP-supported project, we are seeking to further reduce the carbon footprint of PozGlass SCM by converting CO2 into carbonate, which is permanent carbon sequestration. It is our continued intention to rapidly commercialize PozGlass SCM as a substitute for a significant portion of Portland cement and fly ash used concrete mixes with PozGlass SCM possessing a fraction of the carbon footprint of both Portland cement and fly ash."

Unlike the production of Portland cement and fly ash, the production of PozGlass SCM does not require high temperature roasting or generate huge amounts of off-gassed CO2.

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.
👍️0
Sam Dan Sam Dan 3 years ago
not sure of the importance of this transaction.
anyone have knowledge?
"The TSX Venture Exchange has accepted for filing a subscription agreement dated Aug. 4, 2021, between Progressive Planet Solutions Inc. and ZS2 Technologies Ltd., whereby the company will invest $300,000 in units of ZS2 under a private placement at a price of $1 per unit, with each unit comprising one share and one warrant of ZS2 at an exercise price of $2 per share for a period of 18 months. The investment will represent a 2.27-per-cent interest in ZS2. There is a common director between the company and ZS2. [
👍️0
Sam Dan Sam Dan 3 years ago
A very significant partnership announced by management.
This shows how the company is expanding its leading role in controlling carbon emissions in the developing environment.
"PROGRESSIVE PLANET ANNOUNCES NEW BUSINESS RELATIONSHIP WITH FERTOZ LTD.

Progressive Planet Solutions Inc. has received a first purchase order (PO) from Fertoz Ltd. (ASX: FTZ). The new business relationship focuses on grinding soft rock phosphate into fine powder for use as organic fertilizer.

Since August, 2020, Progressive Planet has been processing organic rock powders for agriculture with the same equipment used to make supplementary cementitious materials. While pursuing market demand to move away from chemical fertilizers, Progressive Planet has implemented a series of upgrades to its comminution plant to keep up with the rapid growth in demand.

The signed PO kicks off a relationship between Fertoz and Progressive Planet in which Progressive Planet will process Fertoz's phosphate products for sale throughout Western Canada and the Northwest United States.

"Soil is the second biggest carbon sink after the oceans and the most logical place to put excess carbon," says Ian Grant, Progressive Planet's vice-president of business development. "We are extremely pleased to be working with such a like-minded company and be processing materials that will rebuild our soils so they can sequester more CO2."

Fertoz is the largest supplier of organic rock phosphate in North America, and recently announced mining permits are in place to access large phosphate resources in Fernie, B.C. Fertoz's products promote good agricultural practices that earn farmers carbon credits that can be sold back to industry to offset emissions.

Mining and extraction operations are planned to commence at Fernie in August, 2021, to satisfy increasing demand.

Pat Avery, chief executive officer of Fertoz, stated: "We have been conducting planning and specifications meetings with Progressive Planet for some time. With their plant upgrades and our increasing sales volumes, particularly specialty blends, PLAN provides a great location for our customers. Fertoz has expanded its line of low carbon and carbon sequestering fertilizers and products. As noted, we have mining in the area and PLAN's operation will allow us to upgrade our low carbon fertilizers cost effectively."

About Progressive Planet Solutions Inc.

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 carbon dioxide emissions.

Progressive Planet operates its flagship Z1 natural pozzolan quarry in Cache Creek, B.C., is earning a 100-per-cent interest in the Z2 natural pozzolan property near Falkland, B.C., and is earning a 100-per-cent interest in the Heffley Creek metal and natural pozzolan property. All three properties are within a one-hour drive of Kamloops, B.C., an industrial hub with rail access to Canadian and U.S. markets."




👍️0
Sam Dan Sam Dan 3 years ago
Plan continues the good news regarding developing significant products to increase the value of their holdings.
" ("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.
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Sam Dan Sam Dan 3 years ago
Management is building a scientific powerhouse group to develop more products to add to the portfolio. Success will increase revenue flows in growing global protection. Bravo!

"("PLAN" or the "Company"), is pleased to announce the hiring of Dr. Roger Mah as VP of Research and Development. The Company is focused on developing economic and eco-friendly solutions for the cement and concrete industry.

Progressive Planet Solutions Logo (CNW Group/Progressive Planet Solutions)

Roger received his PhD in Chemistry from the University of Calgary specializing in metal-organic framework (MOF) materials for carbon capture applications which included assessing the implementation strengths, weaknesses, and barriers of MOF commercialization. Roger then joined Carbon Management Canada and the Carbon Capture and Conversion Institute as a Mitacs Accelerate Fellow. For two years, he assessed the innovation ecosystem for carbon capture utilization and storage including sequestration in the built environment with companies such as CarbonCure, Carbicrete, and Solidia. He evaluated gaps and barriers for technology developers taking their technologies from lab/bench towards commercialization and step-gates along the technology readiness level ladder.

Roger was previously the CEO of ZoraMat Solutions where he led efforts in commercializing a MOF for carbon capture and received multiple accolades such as the 2018 Mitacs Change Agent Award, the 2019 GreenSTEM fellowship and a 2020 CleanTech Emerging Leader Award. Roger is the co-inventor of a technology from the University of Calgary that is currently being evaluated for commercialization at LafargeHolcim's cement plant in Richmond, British Columbia.

"We are extremely pleased to welcome Dr. Roger Mah," stated Steve Harpur, CEO. "Roger combines a unique blend of entrepreneurialism, scientific prowess, and carbon capture utilisation and storage (CCUS) experience. We are excited to add a full-time, in-house scientist to lead our research efforts. Roger's addition to the team is intended to accelerate our applied research program in carbon sequestration in supplementary cementing materials (SCMs) and 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 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."
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Sam Dan Sam Dan 4 years ago
TODAY'S news shows the company is developing a more professional Board as PLAN becomes more of a legitimate industrial player in its field of interest. A good responsable plan.
"("PLAN" or the "Company"), reports the appointment of Mr. Chris Halsey-Brandt, CPA, CA, CBV as CFO of the Company, replacing Mr. David Cross, CPA, CGA. The Company thanks Mr. Cross for his tenure as CFO since 2018.

Progressive Planet Solutions Logo (CNW Group/Progressive Planet Solutions)

Chris is both a Chartered Professional Accountant (CPA) and a Chartered Business Valuator (CBV). Chris currently owns and operates a successful food processing business. Prior to becoming an entrepreneur, Chris was a Partner at Blair Mackay Mynett Valuations Inc., a leading Vancouver-based business valuation firm. During his time at BMM, Chris specialized in the valuation of public and private companies. Chris obtained his CPA designation while articling at PricewaterhouseCoopers LLP in Vancouver.

"I would like to thank Dave Cross for his multiple years as CFO of PLAN. During his tenure, the company grew its pozzolan assets and started producing mineral powders. Dave was always accessible and consistently had our financial filings filed in a timely manner. As the Company grows, the CFO position is becoming more time consuming and we welcome Chris into this role," stated Steve Harpur, CEO.

"Chris' experience in valuing businesses will be a key tool as PLAN seeks to grow in the future both organically and through evaluating opportunities to acquire operational pozzolan businesses that include both pozzolan reserves and cash flow. Chris was already involved with PLAN through our Advisory Board and now that Chris is our CFO, he has resigned as an Advisory Board Member," stated Harpur.

To ensure an orderly transition, Mr. Cross will be retained in a consultancy role until August 1, 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 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."
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Sam Dan Sam Dan 4 years ago
Major expansion of production capacity of the plant promises great increase in product. Revenue should show a significant increase.\"
"("PLAN" or the "Company"), is pleased to announce it has expanded its comminution plant's toll processing capacity by a factor of eight times with the addition of a larger ball mill.

Progressive Planet Solutions Logo (CNW Group/Progressive Planet Solutions)

Comminution is the reduction of solid materials from one average particle size to a smaller average particle size, by crushing, grinding, cutting, vibrating, or other processes.

On August 14, 2020, PLAN announced that it had 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 6 inches down to 5 microns. For reference, one inch is equivalent to 25,400 microns.

In January 2021, PLAN ordered a larger ball mill (approximately 8 times the processing volume) to enable it to process more material per hour. This mill was received on March 26, 2021 and has now been commissioned.

PLAN has ordered additional equipment to further automate the processing capability of the comminution plant and further improve processing capacity. This equipment is expected to be received and fully operational in May 2021.

Since mid March 2021, PLAN has received over $250,000 in purchase orders for rock powders from its existing customers and has also received requests for quotes from multiple new potential customers.

Due to the increased demand for our services, PLAN has hired and trained staff and commenced running a full second shift effective April 12, 2021 at the comminution plant.

"We are excited that we could get our new mill manufactured in Canada and to be creating employment, especially when so many businesses are struggling during these unprecedented times. PLAN creates specialized rock powders supplying our B2B customers who then sell the product throughout North America and Europe," stated Ian Grant, Manager of Business Development.

PLAN is searching for a permanent facility to house its growing comminution business.

"Should one be wondering what the grinding of soft rock powders has to do with the company's work on developing new technologies for the cement industry, the answer lies in our vision for the future" stated CEO Steve Harpur.

"The current plant provides the company with an opportunity to generate fast revenues from an existing business, but the facility is also going to serve as a testing centre for the development of PozGlass™ SCM.

We believe the demand for pozzolan based cement powders will accelerate as fly ash is no longer generated from combusting coal. We are also seeing tremendous demand to toll process minerals as farmers switch away from chemical fertilizers to natural fertilizers. The purchase orders we received in the last month greatly exceed the tonnage of material processed since we opened our comminution plant last August and we are using the same equipment we use to process natural pozzolans and pulverized post-consumer glass" stated Harpur.

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."
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Sam Dan Sam Dan 4 years ago
MANAGEMENT IS ADDING PERSONS TO THEIR ADVISORY BOARD. PART TIME FOR NOW AS THEY OBVIOUSLY FEEL THERE IS A MARKET FOR THEIR PRODUCTS THAT CAN BE EXPANDED AND DEVELOPED.THEY ARE BUILDING AN INCLUSIVE AND INTELLIGENT COMPANY

"("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.

Progressive Planet Solutions (CNW Group/Progressive Planet Solutions)

'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.}"
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Sam Dan Sam Dan 4 years ago
THAT DIDN'T TAKE LONG-PP COMPLETED
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 22, 2020, and Jan. 7, 2021.

Number of shares:7.5 million shares Purchase price:10 cents per share Warrants:7.5 million share purchase warrants to purchase 7.5 million shares Warrant exercise price:15 cents for a one-year period Number of placees:29 placeesInsiders:Countryman Investments Ltd. (George Richardson), one million; The Howard Group (Grant Howard), 350,000Total pro group involvement:350,000 (two placees) Finders' fees:Mackie Research Capital Corp., $7,500 cash and 75,000 broker warrants payable; PI Financial Corp., $7,500 cash and 75,000 broker warrants payable; Canaccord Genuity Corp., $12,750 cash and 127,500 broker warrants payable (Each broker warrant is exercisable into one common share at 10 cents for one year from closing.)
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Sam Dan Sam Dan 4 years ago
MR. RICHARDSON HAS A HUGE POSITION IN THE SHARES OF THE
COMPANY AND DESERVES IT. WITHOUT HIS INVESTMENT I DON'T THINK THE COMPANY WOULD HAVE THE OPPORTUNITY IT HAS. IF SALES OF THEIR PRODUCTS ARE AS BENEFICIAL TO THE ENVIRONMENT WE COULD SEE MULTIPLES OF THE SHARE PRICE.
IE WATCH THE REVENUE FLOWS IN THE FINANCIALS TO DETERMINE THE FUTURE SHARE PRICES.
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Sam Dan Sam Dan 4 years ago
Management obviously paying more attention to trying to give more exposure to the Market of its progress in developing future revenue growth.
"("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:

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."

/b]
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Sam Dan Sam Dan 4 years ago
PP announced to fund progress. Good to see management taking a good portion of the offering.
"("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 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."
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Sam Dan Sam Dan 4 years ago
PLAN MANAGEMENT WITH POSITIVE NEWS UPDATE. SHOULDN'T BE
MISSED OVER THE WEEKEND
"("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.

Figure 1, 2 and 3 (CNW Group/Progressive Planet Solutions)

"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.
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Sam Dan Sam Dan 4 years ago
Management has determined that the future of PLAN rests in its leading ability to help diminish the carbon footprint of common cement that has universally polluted the earth. "
("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 (CNW Group/Progressive Planet Solutions)

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.
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Sam Dan Sam Dan 4 years ago
Completion of this PP could allow the company to reach the stage of production of revenue materials to fund an ongoing profitable company.
At least management is trying to minimize share dilution as well.

"Progressive Planet Solutions Inc. has closed its two financings for aggregate gross proceeds of $304,750.

There were 3,150,000 non-flow through units issued under the private placement at $0.065 per unit, for gross proceeds of $204,750. Each unit consisted of one share and one half warrant exercisable at $0.10 per share for a period of twelve months from issuance.

There were 1,250,000 flow-through units issued under the private placement at $0.08 per unit for gross proceeds of $100,000. Each flow through unit consisted 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 for the flow-through units will be for continued exploration on the Company's 100% owned Heffley Creek Metals 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).

A cash finder's fee of $7,800 was paid and 120,000 finder's fees warrants were issued. Finder's fee warrants 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.

Progressive Planet originally announced that it would offer up to 6.5 million units in total, but received funds from the exercise of outstanding warrants at 5 cents issued from a prior financing since announcing the financing. As such, and to minimize shareholder dilution, management decided to limit the units sold under the private placement.

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."
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Sam Dan Sam Dan 4 years ago
I Know historically this play has been a long time disappointment, but they seem to finally got their goals in sight. A MAJOR player? No, but they could become self-financing IF what they are producing has a market.
Time will tell.
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andy e andy e 4 years ago
Blah blah... just more dilution, then likely another reverse split this Dec. Rinse and repeat...stock scam 101!
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Sam Dan Sam Dan 4 years ago
Fund raising to continue development of potential revenue producing products announced.
"
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.
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andy e andy e 4 years ago
LMAO....never mind, the R/S was last December....shows how much I keep up on this POS!
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andy e andy e 4 years ago
doesnt answer the question Sam...when was the R/S and why AGAIN!
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Sam Dan Sam Dan 4 years ago
Final test being started to prove a potential major revenue project!
(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.""
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andy e andy e 4 years ago
did these turds reverse split again?? what a joke!
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Sam Dan Sam Dan 4 years ago
Not sure what level of Nickel density makes for a significant revenue source, but possibly this could be a making of a mine. Anyone know the needed numbers?
":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

Image: https://www.accesswire.com/users/newswire/images/602038/image-20200817112750-1.jpeg

Figure 2

Image: https://www.accesswire.com/users/newswire/images/602038/image-20200817112807-2.jpeg

"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."
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Sam Dan Sam Dan 4 years ago
A significant update from management shows successful production of fly ash which promises a major revenue source for the company.
" ("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.
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Sam Dan Sam Dan 4 years ago
A possible unexpected find of Nickel may be a significant added value to the holdings of PLN. Further work is planned for immediate investigation,. Stay tuned.
" ("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.

Image: https://www.accesswire.com/users/newswire/images/600418/PLANimg108052020.jpg

"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"
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