Progressive Planet Solutions Inc. , an innovative provider of eco-friendly micronized minerals and circular solutions for construction, agricultural, animal health, and industrial sectors, is pleased to announce that it has closed the final tranche of its private placement, announced December 24, 2021. The final tranche was comprised of 6,293,140 units for additional gross proceeds of $2.20 million. Pursuant to the final [...]
Acquisition significantly increases PLAN's mineral operations, portfolio of eco-conscious product lines and global distribution infrastructure Progressive Planet Solutions Inc. , an innovative provider of eco-friendly micronized minerals and circular solutions for construction, agricultural, animal health and industrial sectors, is pleased to announce that it has closed its previously announced acquisition of Absorbent [...]
Second Close of Additional $1,505,000 Expected Shortly Progressive Planet Solutions Inc. is pleased to announce that, further to its December 24, 2021 news release, it has closed a non-brokered first tranche of its private placement financing of units for gross proceeds of $4,014,675. Under the first tranche, 11,470,500 units were sold at $0.35 per unit. Each unit is comprised of one common share and one warrant, with [...]
Progressive Planet Solutions Inc. is pleased to announce that the Company has engaged the Bank of Montreal to underwrite the debt component of the consideration to close the acquisition of Absorbent Products. More information about the Proposed Transaction is included in the press release dated December 24, 2021. "Today marks another important milestone for Progressive Planet, having engaged Bank of Montreal to underwrite [...]
Progressive Planet Solutions Inc. is pleased to announce it has engaged PyroGenesis Canada to develop and lead feasibility studies for the production of nanoparticles from post-consumer glass and the production of amorphous silica derived from high grade silica. PyroGenesis and Progressive Planet will collaborate to determine the feasibility of producing post-consumer...
Progressive Planet Solutions Inc. is pleased to announce that the Company has received conditional approval from the TSXV for the acquisition of Absorbent Products. More information about the Proposed Transaction is included in the press release dated December 24, 2021. PLAN also announces that its common shares will resume trading at the open of markets on January 11, 2022. "Today marks another important milestone for [...]
Progressive Planet Solutions Inc. is pleased to announce that the Company will present a business update and further details regarding the acquisition of Absorbent Products LTD during a live Zoom webinar on Monday, January 10th at 4:00 p.m. EST / 1:00 p.m. PST. PLAN will address the acquisition, evolving corporate developments, current highlights and future business objectives. Members of the Executive Team, including CEO [...]
Progressive Planet Solutions Inc. is pleased to announce that it has signed a binding Share Purchase Agreement to acquire full ownership of Absorbent Products Ltd. Absorbent Products Ltd. With revenue of over $20 million in its latest fiscal year and operating since 1989, Absorbent Products is a dominant manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. Absorbent Products [...]
Progressive Planet Solutions Inc. is pleased to announce that Dr. Roger Mah, Vice President of Research and Development, is part of the scientific team being published in the Dec 17 issue of Science. Science seeks to publish those papers that are most influential in their fields or across fields and that will significantly advance scientific understanding. Through its print and online incarnations, Science reaches an [...]
Progressive Planet Solutions Inc. is pleased to announce that the Company has received exceptional 28-day Strength Activity Index results for PozGlass 100G SCM. PozGlass 100G SCM is the Company's new and proprietary supplementary cementing material made with 100% post-consumer glass micronized to a fine powder and treated with a novel process to permanently sequester CO2 while increasing its strength. Earlier in November [...]
[wp=2890]Progressive Planet Solutions is pleased to announce that the Company has retained Venture Liquidity Providers Inc. to initiate market-making services. VLP will trade shares of the Company on the TSXV for the purposes of maintaining an orderly market and improving the liquidity of the Company's shares. The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with [...]
Progressive Planet Solutions Inc. is pleased to announce plans to expand operations into Calgary, Alberta with the launch of its C-Quester Centre of Sustainable Innovation in Q1 2022. Co-located with collaborative partner ZS2 Technologies, the 1,600-square foot R&D lab and testing facility will help accelerate both IP generation and the optimization and commercial development of future eco-friendly products for the [...]