Progressive Planet , a strategic partner and investee company with ZS2 Technologies , would like to extend its congratulations to ZS2 for being awarded a $2.6 million grant to develop direct air capture technology. On February 16, 2022, Sustainable Development and Technology Canada , a federal Crown corporation, announced that ZS2 Technologies had been awarded the grant to develop direct air capture technology. ZS2's [...]
Progressive Planet Solutions Inc. announces three different sets of warrants expired on or before February 12, 2023. The following warrants expired: Brokers warrants 135,000 Private placement warrants 5,010,000 Brokers warrants 382,500 Prior to expiration, 395,000 broker warrants and 1,990,000 private placement warrants were exercised, bringing a total of $576,500 of new money into the treasury. The following warrants [...]
Progressive Planet Solutions Inc. announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group to provide market-making services in accordance with TSX Venture Exchange TSXV policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares. Under [...]
Developing three products to reduce the application of chemical fertilizer Progressive Planet is pleased to announce it has signed joint development agreements with industry thought-leaders, Eco Health Industries Ltd. and High Brix Manufacturing Inc. to develop three regenerative fertilizers that reduce the application of chemical nitrogen and other chemical fertilizers. Under these agreements, PLAN will own all [...]
DTC eligibility simplifies the process of trading and transferring the Company's common shares between brokerages in the United States Progressive Planet is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company . DTC eligibility is expected to simplify the process of trading and enhance liquidity of PLAN's shares in the [...]
Active focus on blue sky reaches an all-time high for all major product categories Highlights: Revenue of $5,421,843 up from $5,177,709 in prior quarter, Gross margin of 32% in Q2 versus 27% in Q1, and 13% in Q4 , Increase in gross R&D spending to $216,719, and, Net income of $81,315. Progressive Planet today announced financial results for its fiscal 2023 second quarter ended October 31, 2022. The Company posted [...]
Progressive Planet Solutions Inc. is pleased to announce it has signed an initial purchase order with ZS2 Technologies Ltd. to provide a proprietary blend of PozGlass™ SCM and PozZeo™ SCM. ZS2 Purchase Order Progressive Planet will begin regular monthly two tonne shipments to ZS2 in Q1 2023 when ZS2 commissions its Phase I Commercial production facilities for the first ever Made-In-Canada magnesium suite of [...]
Progressive Planet Solutions Inc. is pleased to announce the financial results of its consolidated group of companies for the first quarter ending July 31, 2022. Highlights include the following: Revenue of $5,177,709, Gross margin of 27% versus 13% in the prior quarter, and, Net loss for the quarter of $477,494. When announcing the year-end financial results on August 29, 2022, PLAN disclosed "Immediately upon taking [...]
Progressive Planet Solutions Inc. is pleased to announce the commencing of low-carbon cement field trials and Ag-Tech plant construction. Commencing Field Trials Earlier this month, PLAN received and commissioned a custom-designed batch ball mill ordered in January 2022. In the past, PLAN could only produce lab scale quantities of 100 grams per day. The new mill allows PLAN to produce 500kg of material per day, which is [...]
Progressive Planet Solutions Inc. is pleased to announce the financial results of its consolidated group of companies for the fiscal year ending April 30, 2022. PLAN acquired Absorbent Products Ltd. on February 18, 2022. As a result, PLAN's financial results include the revenues and expenses of APL for seventy-two days from February 18, 2022 to April 30, 2022. Highlights include the following: Revenue of $3,833,146 which [...]
Progressive Planet Solutions Inc. is pleased to announce that it has been approved to commence trading of its common shares on the OTCQB® Venture Market, beginning today under the ticker symbol ASHXF. "We are pleased to offer investors yet another avenue for trading our shares and look forward to increasing the awareness around our company for U.S. investors," said Stephen Harpur, CEO of PLAN. "We believe that trading on [...]
Progressive Planet Solutions Inc. is pleased to announce finalization of our amended agreement with International Zeolite Corp. to purchase 50% interest in IZ's Bromley Creek Zeolite Mine. The agreement creates a systematic payment schedule over the next 5 years. The amended agreement outlines the payment details for the 50% interest for $725,000. $101,933.76 has already been paid to IZ, with PLAN now holding a 7.03 [...]