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Increase in holdings in the Heffley Creek area
(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 increased the number of claims it has optioned from Jeremy Marlow at its precious metal and natural pozzolan property in Heffley Creek, BC.
The original option included 20 mineral claims. Mr. Marlow staked an additional 49 mineral claims contiguous to the original 20 claims and optioned them to PLAN.
The original agreement was amended to include the new claims. As consideration for the increased option, PLAN covered the cost of staking the new claims and increased the number of days in 2020 for which it would contract Mr. Marlow to complete exploration on the Heffley Creek Property from 28 days to 31 days.
Systematic soil and outcrop sampling activities are ongoing at Heffley Creek and assay results will be reported as they are received.
"I wish to thank Mr. Marlow for completing this transaction whereby PLAN increased the size of its option. It is our intention to evaluate this property for both its pozzolanic and precious metals potential," stated Steve Harpur, CEO.
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.
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 a 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in the Heffley Creek Precious 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.
Further info on loan
The TSX Venture Exchange has accepted for filing the company's proposal to issue six million bonus warrants to the following insider in consideration of acting as a guarantor for two loan facilities totalling $300,000. Each warrant is exercisable into one common share at five cents, with two million warrants having a one-year term and four million warrants having a three-year term.
For additional information, please see the company's news release dated June 1, 2020.
George David Richardson:six million warrants
Hopefully there will only be PP at much higher prices.
"PLAN" or the "Company"), a developer of natural pozzolan properties in BC, Canada, announces that, further to its news release dated April 23, 2020, the Company has closed its non-brokered private placement comprising of 6,784,000 units at $0.03 per unit, for total proceeds of $203,520.
Each unit comprises one common share and one-half of a share purchase warrant, with each whole entitling the holder to purchase an additional common share of the Company for $0.05 a share on or before May 12th, 2021. The Company may accelerate the expiry date of the 3,392,000 Warrants by giving written notice to the holders thereof, and in such event the Warrants will expire on the 30th day after the date of such notice. Securities will bear legends restricting resale until September 13th, 2020.
The Company will use the proceeds from private placement for general working capital, equipment procurement and to repay unsecured indebtedness owing by the Company to David Richardson, a controlling shareholder of the Company. See the Company's news release dated April 23, 2020 for further details.
Insiders purchased an aggregate of 4,134,000 units totaling $124,020. There were no finder's fees paid with respect to the private placement.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia and is earning an 100% interest on the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in Heffley Creek Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC.
"PLAN" or the "Company"), a developer of natural pozzolan properties in BC, Canada, announces that, further to its news release dated April 23, 2020, the Company has closed its non-brokered private placement comprising of 6,784,000 units at $0.03 per unit, for total proceeds of $203,520.
Each unit comprises one common share and one-half of a share purchase warrant, with each whole entitling the holder to purchase an additional common share of the Company for $0.05 a share on or before May 12th, 2021. The Company may accelerate the expiry date of the 3,392,000 Warrants by giving written notice to the holders thereof, and in such event the Warrants will expire on the 30th day after the date of such notice. Securities will bear legends restricting resale until September 13th, 2020.
The Company will use the proceeds from private placement for general working capital, equipment procurement and to repay unsecured indebtedness owing by the Company to David Richardson, a controlling shareholder of the Company. See the Company's news release dated April 23, 2020 for further details.
Insiders purchased an aggregate of 4,134,000 units totaling $124,020. There were no finder's fees paid with respect to the private placement.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia and is earning an 100% interest on the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in Heffley Creek Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC.
Dilutive PP announced. Too bad it has to be at such a low-priced, but until the company can show a significant revenue stream the share price has no higher validity
""PLAN" or the "Company"), a developer of natural pozzolan properties in BC, Canada, wishes to announce that it intends to proceed with a financing totaling $360,000 of up to 12,000,000 units.
The financing consists of a non-brokered private placement of $360,000 for 12,000,000 units @ $0.03 per unit with each unit consisting of one share and one-half warrant. Each warrant entitles the holder to acquire one common share of the Corporation for a period of 12 months following the closing date, at an exercise price of $0.05 per warrant share, subject to an acceleration clause if the shares trade at $0.08 or more for a period of ten consecutive trading days following the completion of the four month holding period.
The financing is subject to individual minimum subscriptions of $3,000, but the overall financing is not otherwise subject to any minimum aggregate subscription.
Subject to certain limitations discussed below, the financing is open to all existing shareholders of the Company as at April 23, 2020, in reliance on the "Existing Shareholder Exemption" pursuant to BC Instrument 45-534. The aggregate acquisition cost to a subscriber under the Existing Shareholder Exemption cannot exceed $15,000 unless the subscriber has obtained advice from a registered investment dealer regarding the suitability of investment. In addition, other investors who qualify under available prospectus exemptions will be allowed to participate in the financing. Existing shareholders of the Company are directed to contact the Company for further information.
If subscriptions received for the financing based on all available exemptions exceed the maximum amount of $360,000, subscriptions will be accepted at the discretion of the Company on a pro rata basis. It is thus possible for a subscription received from a shareholder may not be accepted by the Company if the financing is over-subscribed.
Assuming the financing is fully subscribed, the Company intends to allocate the proceeds as follows: $210,000 for general working capital, $100,000 for equipment procurement, and $50,000 to retire debt supplied by a company owned by the controlling shareholder of the company, Mr. David Richardson.
Although the Company intends to use the proceeds of the financing as described above, the actual allocation of net proceeds may vary from the uses set forth above, depending on future operations or unforeseen events or opportunities. If the financing is not fully subscribed, the Company will apply the proceeds to the above uses in priority and in such proportions as the Company's board of directors may determine is in the best interests of the Company.
As required by Temporary Relief Bulletin issued by the TSX Venture Exchange on April 8, 2020, the company wishes to state that the majority of the funds will not be used to pay management fees or investment relations fees. Additionally, in accordance with BC Instrument 45-534, the Company confirms there is no material fact or material change related to the Company which has not been generally disclosed.
There are currently 26,854,711 common shares issued and outstanding before giving effect to the current financing.
Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange. This offering is subject to TSX Venture Exchange acceptance. All securities issued under the Post-Consolidation financings are subject to a statutory four month hold period.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia and is earning an 100% interest on the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in Heffley Creek Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC."
A significant achievement by management could result in major revenue stream being established.
""PLAN" or the "Company"), a developer of natural pozzolan properties in BC, Canada, is pleased to announce that its project to modify the rheology of zeolite from the Z-1 Zeolite Quarry has been successful.
On December 9, 2019, PLAN announced that it had signed an agreement with the University of Alberta to develop an alternative to fly ash for use in the cement industry. The project was to end on April 30, 2020. The goal of the project was to modify the rheology of its zeolite so that it possessed similar rheology to commercially available fly ash.
On March 10, 2020, PLAN released a shareholder update which disclosed that the rheology (slump) had been improved with a combination of various inputs which will remain proprietary; however, one input in the blend which was disclosed was pulverized, recycled glass.
PLAN is pleased to announce that it has received an additional update from the University of Alberta which revealed that our revised proprietary mix design achieved a slump that has exceeded the target slump of the fly ash based mix design.
"We are extremely excited to see the objective of this research project achieved. We will receive a final report at the end of April or shortly thereafter. The final step before having a product for commercial use is to conduct CSA tests on our proprietary blend." stated Steve Harpur, CEO of PLAN.
The CSA tests which need be completed include Compressive Strength, Alkali-silica Reaction, Sulphate Resistance, and Freeze-thaw Resistance. In addition, one ASTM test will be completed to analyze air voids.
The longest test is the Sulphate Resistance and this test has a duration of 8 months. As a result, the company will be targeting the 2021 construction season to have a commercial product that it can offer as a competitive alternative to fly ash to the ready mix and pre-cast concrete industries in BC and Alberta.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia and is earning an 100% option on the Z2 Natural Pozzolan Property near Falkland, BC and a 100% interest in Heffley Creek Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC."
("PLAN" or the "Company"), an emerging leader in the commercialization of natural pozzolans, is pleased to present a corporate update on the company's activities.
We are accelerating our efforts to commercialize our developing portfolio of natural pozzolan properties. In combination with these efforts, we are seeking to address the massive carbon footprint and requirements of one of the world's largest industries…cement production.
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 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 received an interim report from the University which describes the work done to date. The slump has been improved with a combination of various inputs which will remain proprietary; however, one input in the blend which we will disclose is pulverized, recycled glass.
The preliminary results are encouraging and in turn we believe there is tremendous potential for using waste material in a proprietary blend to create a high-quality supplementary cementing material (SCM) for the cement industry as a potential replacement for fly ash.
The initial research trial is expected to conclude at the end of April 2020 at which time we expect to finalize our proprietary formulation for CSA testing. Once CSA testing is completed, we intend to begin production on a small scale to introduce our SCM to the BC and Alberta markets.
Natural Pozzolans
In the fall of 2019, we announced the option of the Z-2 Natural Pozzolan Property. In February 2020, we announced the option of the Z-3 Natural Pozzolan Property (Heffley Creek). These three properties form the core portfolio of natural pozzolan properties for PLAN.
These three high quality properties near Kamloops, BC are all close to rail access to the Lower Mainland and Alberta.
We are currently finalizing the 2020 exploration plans for both the Z-2 and the Z-3 and expect to commence exploration work in late April or early May with work commencing once the snowpack is melted and the ground is sufficiently dry to conduct field work.
The intention for the Z-2 Property is to start to quantify the amount of natural pozzolan contained in an area of the property where we have already confirmed natural pozzolans occur.
For the Z-3 Property, we intend to conduct soil work on the property while completing further testing in areas previously drilled by LaFarge Canada which identified natural pozzolans.
For the Z-1 Property, our COO is working to renew the Notice of Work (license to mine the property) which is up for renewal in July 2020. In the interim, we will continue to draw down on the previously mined stockpile of natural pozzolan as required.
Z-1 Zeolite for Denaturing Cannabis
PLAN is experiencing an increase in the volume of denatured cannabis it is collecting from its contract with one of Canada's largest extraction facilities. The success of utilizing our Z-1 natural pozzolan in the denaturing process has resulted in additional extraction companies requesting samples and pricing. We view supplying Z-1 natural pozzolan to denature cannabis as a growth opportunity in 2020.
Comminution Toll Processing
PLAN completed a small comminution contract in 2019. Comminution is the process of pulverizing rocks into fine powders. Based on industry feedback, PLAN intends to procure additional comminution equipment to enable it to respond to commercial demand for
comminution services. We are targeting soft rock phosphate and limestone companies. This same equipment is used for pulverizing natural pozzolans and will increase our capacity to process our own material. This complementary revenue stream will support our capacity growth for other core initiatives.
Third Party Building Product Development
Over the last six months, PLAN has supplied pulverized natural pozzolan from the Z-1 Quarry to three companies which produce cementitious products. In particular, we are jointly working on product development with one of these companies and on sharing the costs of CSA testing on the building product which we hope will ultimately contain Z-1 pulverized natural pozzolan as a core ingredient.
Commenting on the recent activities and milestones, PLAN's CEO, Steve Harpur, said "We are very excited about the potential for our natural pozzolan assets and affiliated cementitious building products in development to contribute to the effort of reducing the carbon footprint of the cement industry. The PLAN team, which welcomed Mike Wypych as COO in February 2020, is accelerating our efforts to lay the foundation for significant commercialization and expansion in 2020."
Continuing on its expansion of the company's porfolio of possible revenue producing properties we have the latest addition.
" ("PLAN" or the "Company") is pleased to announce it has signed an option agreement with Jeremy Marlow on a natural pozzolan property in Heffley Creek, BC.
To maintain and exercise the option granted, the Company will pay Mr. Marlow a total amount of $55,000 over a period of 48 months and incur a total of $275,000 in exploration expenditures on the property over a period of 48 months, commencing on the date that the Company receives all necessary prior approvals from the TSXV. Additionally, Mr. Marlow will retain a royalty of $8.00 per tonne of industrial mineral products produced from the property, subject to a 75% buyback right in consideration of $150,000. Mr. Marlow will also retain a 3% NSR Precious Metals Royalty subject to a 50% buyback right in consideration of $1,500,000. No shares will be issued under the option agreement.
PLAN optioned this property after conducting surface sampling which confirmed the presence of alumino-silicates (natural pozzolans), magnesium, and anomalous gold and silver. Five rock samples were taken and one soil sample. PLAN's original interest in the property was for its potential as a further source of natural pozzolans near Kamloops, BC. When surface sampling was done to confirm the presence of natural pozzolans, it revealed the presence of anomalous gold and silver in the soil (0.28 g/tonne gold and 1.6 g/tonne silver). PLAN thus requested the precious metal rights to the property in addition to the industrial mineral rights originally sought. The vendor agreed to option the precious metals rights.
All testing was completed by the Kamloops office of the Metallurgy Division of ALS Global. Whole Rock Analysis was completed on four samples using borate fusion. The Precious Metals Analysis was completed on five samples using fire assay 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 intends to complete more comprehensive soil sampling on the property in the second quarter of 2020 once the snow in the area is melted.
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.
In conjunction with the option agreement, PLAN also signed a consulting agreement with Mr. Marlow whereby Mr. Marlow will assist with exploration work conducted on the property in the first two years of the option agreement. Terms of the consulting agreement including paying Mr. Marlow a minimum of $9,800 in 2020 and an additional $9,800 in 2021 to assist with exploring the Heffley Creek property. In addition, the Consultant will receive 50,000 stock options of PLAN in 2020 and an additional 50,000 stock options in 2021, subject to PLAN's stock option plan and the policies of the TSX Venture Exchange.
Mr. Marlow is an arm's length party to the Company.
The option agreement remains subject to the Company receiving all necessary prior approvals from the TSX Venture Exchange.
PLAN is currently seeking to increase its natural pozzolan assets in the Kamloops area of BC. Pozzolans are receiving more interest from the cement industry as the commercial supply of fly ash is diminishing with the continued closure of coal fired power plants in Alberta and Saskatchewan. Our permitted mine, the Z1 Zeolite Quarry, is located within a one-hour drive of Kamloops and the Z2 Natural Pozzolan Property near Falkland, BC is also approximately a one-
hour drive from Kamloops. Kamloops offer railway access and the ability to serve both the local market, the Lower Mainland of BC and the Calgary to Lethbridge corridor of Alberta.
"I am keen to see this Heffley Creek Property systematically explored. We are excited about its proximity and easy access. It is approximately a 25-minute drive from Kamloops, BC. This property was explored by LaFarge Canada in 1999 where they drilled an alumino-silicate rich area (natural pozzolan) of the property. While our primary interest is the natural pozzolans, we intend to conduct further soil sampling at the property in the Spring of 2020 in search of gold and silver," stated Steve Harpur, CEO.
"It was a pleasure to work again with Steve and the team at PLAN while they did due diligence on the Heffley Creek Property before signing the option agreement. I am excited to see this property further explored for both its industrial mineral content as well as for gold and silver. I am also pleased to be part of the team which will conduct exploration on the property over the next two years," stated Jeremy Marlow.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in Cache Creek, British Columbia. Progressive Planet is committed to using mineral resources to provide solutions for a livable planet."
I am getting the feeling that present management is starting to develop PLAN into a possibly revenue-generating company.
Hope I am right!
PLAN" or the "Company") announces the hiring of an experienced Mining Engineer, Mr. Michal Wypych (Mike) for the newly created position of Chief Operating Officer (COO) for PLAN.
Mike has over 15 years of experience working in the mining industry and possesses both a Mining Engineering degree and an MBA. He has planned and overseen the execution of millions of dollars in projects throughout his career where he has held roles in project management and mine planning. Mike has been employed in the past by large multinational mining organizations and has also performed contract work for the largest cement company in Canada.
"I originally met Mike when he was independently conducting testing on supplementary cementing materials and requested samples from the Z1 for his own testing. This initial meeting lead to collaboration on testing several supplementary cementing materials and associated contractual work. I am delighted that Mike has agreed to come on as PLAN's COO, where he will start by working two days per week. As PLAN grows, this will become a full-time position. We are very pleased at being able to attract a COO with Mike's experience." stated Steve Harpur, CEO of PLAN.
"I'm motivated to join a growing organization whose business objectives align with my skill set and vision for the future. PLAN has various opportunities on the horizon which I am excited to support and help transition into long term growth for the company. I intend to reflect my dedication to safety, environmental stewardship, and meaningful engagement with all stakeholders in carrying out my role as COO." stated Mike Wypych, COO of PLAN.
In separate news, PLAN announces the grant of up to 1,040,000 options that will be granted to Insiders and employees of the company, as well as Advisory Board Members, exercisable at a price of $0.06 for a period of two years from the date of grant.
The options have been granted in accordance with the Company's stock option plan.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia and is earning an 100% option on the Z2 Zeolite Property near Falkland, BC and a 100% interest in the Buckingham Graphite Project in Quebec."
Further identification of buyers of PLAN Private Placement
Hope they know something good.
"The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 4, 2019.
Number of shares:2,705,000 flow-through shares Purchase price:seven cents per flow-through share Warrants:2,705,000 share purchase warrants to purchase 2,705,000 shares Warrant exercise price:7.5 cents for a six-month period Number of shares:2.01 million non-flow-through shares Purchase price:six cents per non-flow-through share Warrants:2.01 million share purchase warrants to purchase 2.01 million shares Warrant exercise price:7.5 cents for a six-month period Number of placees:12 placeesInsiders:Steven Harpur, 450,000; George D. Richardson, 1.45 million; David Cross, 360,000Total pro group involvement:60,000 (one placee)"
PLAN CLOSES POST CONSOLIDATED SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT
Further to the news releases dated Dec. 4, 2019, and Dec. 24, 2019, Progressive Planet Solutions Inc. has closed the second tranche of the private placement comprising 2.01 million hard-dollar units at six cents per unit for total proceeds of $120,600.
Each hard dollar unit comprises one common share and a share purchase warrant entitling the holder to purchase an additional share in the Company for $0.075 a share if exercised on or before July 29, 2020. Securities will bear legends restricting resale until May 30, 2020.
Subscribers include Investor News Network (INN). INN is a digital media company with whom the Company has entered into a service agreement, pursuant to which INN will provide comprehensive digital media services. INN provides news and education for investors in over 40 targeted categories with the opportunity to connect educated investors with trusted companies. Proactive Investors is also a digital media company, with which PLAN recently renewed an annual contract for the provision of video and editorial services.
The Company will use the proceeds from private placement for general working capital, and to repay unsecured indebtedness owing by the Company to David Richardson, a non-arm's length party to the Company for reason of holding over 10% of the issued and outstanding shares of the Company. In addition, proceeds from the private placement in the amo
Santa came early to PLAN. But more gifts are needed
"PLAN" or the "Company") announces that, further to its news release dated December 4, 2019, the Company has closed the first tranche of the private placement comprising of 2,705,000 "flow through" units at $0.07 per "flow through" unit for total proceeds of $189,350.
Each unit comprises one common share issued on a "flow through" basis and a share purchase warrant entitling the holder to purchase an additional share in the Company for $0.075 a share if exercised on or before June 23, 2020. Securities will bear legends restricting resale until April 24, 2020.
The Company will use the proceeds from the private placement for qualifying exploration expenditures.
There were no finder's fees paid with respect to the "flow through" tranche of the private placement.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia and is earning a 100% option on the Z2 Zeolite Property near Falkland, BC."
Management protecting the company's unique ability to protect against waste products re cannibas production ("PLAN" or the "Company") announces that it has filed a United States Provisional Patent Application on October 11, 2019 for "pelleted fertilizer product incorporating biomass as a binder".
PLAN was aware that the amount of biomass generated as a waste product when hemp and cannabis are grown to produce cannabinoids is increasing rapidly in North America. This material does not compost quickly due to its composition while sending it to landfill creates methane, a very harmful greenhouse gas. PLAN believed this biomass would be an excellent candidate as a binder for various minerals that are used as fertilizers and soil amenders. PLAN produced pellets using waste cannabis biomass to bind various minerals and these pellets possessed good durability.
The inventors include two directors of PLAN, Steve Harpur and Edward Beggs, and two employees of InnoTech Alberta, Earl Jenson and Ataullah Mohammed. All inventors assigned their rights to PLAN.
"I am very excited that our team created a value-added product out of a waste stream. PLAN received input from industry seeking a fertilizer pellet which contains carbon as a binder for minerals used in agriculture. Creating a pellet as a delivery mechanism was desirable to farmers as pellets generate less dust than powders when applied to farmers' fields," stated Steve Harpur, CEO of PLAN.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in Cache Creek, British Columbia. Progressive Planet is committed to using mineral resources to provide solutions for a livable planet."
Management increasing zeolite holdings
" ("PLAN" or the "Company") is pleased to announce it has signed an option agreement with Jeremy Marlow on a zeolite property near Falkland, BC.
To maintain and exercise the option granted, the Company will pay Mr. Marlow a total amount of $26,000 over a period of 36 months, issue a total of 500,000 common shares over a period of 36 months, and incur a total of $200,000 in exploration expenditures on the zeolite property over a period of 36 months, commencing on the date that the Company receives all necessary prior approvals from the TSXV. Additionally, Mr. Marlow will retain a royalty of $8.00 per tonne of mineral products produced from the property, subject to a 50% buyback right in consideration of $75,000. All shares issued under the option agreement will be subject to a 4 month hold period.
PLAN optioned this property after conducting surface sampling which confirmed the presence of zeolite on the property through XRD analysis. In addition, engineers working with PLAN to develop supplementary cementing materials out of zeolite conducted Strength Activity Index tests (ASTM C618) on two samples taken from the property and received results of 110% and 103% versus a straight-cement control mixture. This indicates the potential for improved concrete strength when utilizing this zeolite and compares well with commercially available fly ash.
The option agreement remains subject to the Company receiving all necessary prior approvals from the TSX Venture Exchange.
"PLAN is currently seeking to increase its zeolite assets in light of the new market for zeolite to denature cannabis and hemp after cannabinoid extraction. I personally took the samples from the property which we tested, and I am keen to see this property systematically explored. We are naming this property the Z-2. We are excited about its proximity and easy access. It is approximately a 45-minute drive from our facilities in Spallumcheen, BC," stated Steve Harpur, CEO.
"It was a pleasure to work with the management team of PLAN while they did due diligence on the Z-2 before signing the option agreement. During multiple site visits by their CEO and geologist, their team was professional, and I am excited to see this property further explored," stated Jeremy Marlow.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in Cache Creek, British Columbia. Progressive Planet is committed to using mineral resources to provide solutions for a livable planet.
Company announcing another sale- encouraging
" (TSXV:PLAN) (“PLAN” or the "Company”) announces it has received its largest purchase order to date for glacial moraine rock dust as a soil amendment.
Glacial moraine rock dust is a natural mineral product and contains a broad spectrum of trace minerals which are often depleted from soil through modern farming methods.
“PLAN is pleased to have received an order for 32 metric tonnes of glacial moraine rock dust and this order is being shipped today. We continue to receive requests to supply rock dust and are utilizing an international engineering firm to conduct Bond Ball Mill Grindability Testing of a locally sourced glacial moraine rock which was selected for its excellent micronutrient profile. We have also engaged mining engineers to assist in selecting equipment which will enable us to produce more of this product ourselves,” stated CEO, Steve Harpur.
In addition to growing its business of supplying glacial moraine rock dust, PLAN continues to focus on building markets for zeolite sourced from its Z-1 Quarry in Cache Creek and continues to place resources into product development for industrial minerals and denatured cannabis waste.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia. Progressive Planet is committed to using mineral resources to provide solutions for a livable planet.
(TSXV:PLAN) (“PLAN” or the "Company”) is pleased to announce it has signed a contract with a leading cannabis extraction company, Valens Groworks Corp. (TSXV:VGW, OTC:VGWCF), to collect all its denatured cannabis waste from its wholly owned subsidiary, Valens Agritech Ltd., in BC.
PLAN is offering a new service to licensed cannabis companies where it collects cannabis waste which has been denatured using zeolite sourced from the Z-1 Zeolite Quarry in Cache Creek, BC. The denatured waste will be blended back into soil products.
“PLAN has been supplying zeolite to Valens since April 2019 for the purpose of denaturing its growing volume of cannabis and hemp waste. We are excited to provide this service to a world class company which will now divert all of its organic waste material from landfills thus avoiding the production of methane which is a major contributor to global warming,” stated Steve Harpur, CEO.
Diversion of organic material from landfills is considered a best practice and is currently adopted by many regional districts and communities in the province of BC.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia. Progressive Planet is committed to using mineral resources to provide solutions for a livable planet.
Progressive Planet Solutions Inc. has arranged a non-brokered private placement of up to eight million units at a price of five cents per unit for aggregate gross proceeds of $400,000.
Each unit comprises one common share and one common share purchase warrant of the company. Each warrant will entitle the holder to purchase one share at a price of 5.5 cents per warrant share for period of 12 months from the date of closing.
Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange. This offering is subject to TSX-V acceptance.
Proceeds from the financing will be used for general corporate purposes.
Progressive Planet is a Canadian-based mineral exploration company with its flagship Z1 zeolite quarry in British Columbia and a 100-per-cent interest in the Buckingham graphite project in Quebec.
Your guess is as good as mine. But the game changer MIGHT be the 20% interest in a lithium play that they have.
The zeolite could be a revenue generator if their current trials are successful.
I am holding for the future
In your opinion Does this stock have any room to run in the next couple months or is this thing dead??
(PLAN-TSX:V) ("Progressive Planet", "PLAN" or the "Company")is pleased to announce that initial reconnaissance rock chip sampling at Snow Lake Resources Sherritt Gordon has recorded new occurrences of higher grade lithium mineralisation (>1.5% Li2O/Figure 1) over an extensive area, with results including:
SG1802 = 3.78 % Li20 - Grass River Pegmatite
SG1804 = 2.15 % Li20 - SG - Pegmatite
Following Nova's discovery (ASX Release 28 August 2018) as part of compilation work of historical data, the SNOW (Snow Lake Resources) team have discovered details on a cluster of spodumene-bearing pegmatite dykes located about 2 km southwest of the recently drilled Thomson Brothers pegmatite (Figure 1).
This cluster, known as the Sherritt Gordon (SG) pegmatites, intrudes the outermost quartz diorite phase of the Rex Lake Pluton and was traced about 600 m along strike (Figure 2) by Sherritt Gordon Mines in the 1940s. Dyke SG-1 ranges from 1.5 to 5 m in width and dips 80o to the southwest. Dyke SG-2 is thinner and located about 70 m to the northeast of SG-1 and dips 50o - 70o southwest.
In 1942, the SG-1 pegmatite was drill tested by Sherritt Gordon, and a total of twenty-one shallow drill holes totaling 608 m were completed at angles of -35o with a azimuths of 028o (Figure 3). Rather than reporting assays for Li2O, results in the historical drill logs are reported in "Gravitational Determination Percent Spodumene". This historical drilling yielded average spodumene contents ranging from 7.22 - 31.9 percent over widths ranging from 1.52 - 5.79 m core length (Table 1). The data contained within Table 1 is a recalculation of percent spodumene from data obtained in the 1942 drill logs. Data for hole SG-08 was not available within the drill log data file.
SG and Grass River pegmatites remain open along strike in both directions and at depth. Dyke SG-2 was never drilled historically. The SG pegmatites are interpreted to have intruded late stage, sub parallel en-echelon, dilatational fractures. If both dykes are projected to depth they could merge or intersect at a depth of approximately 160 m.
Snow Lake Resources intends a follow up drilling program to evaluate the SG-1, 2 and Grass River pegmatites which could contribute to increasing the overall resource inventory of the Thompson Brothers Lithium Project.
Image: https://www.accesswire.com/users/newswire/images//ProgressiveImg111272018.png
Figure 1: Map showing pegmatite locations and rock chip samples (To view the full-size image, please click here)
"We are committed to assisting Snow Lake Resources with their goal of fast tracking development of the Thompson Brothers Lithium Project. As a significant shareholder, we are excited to watch this new Sheritt Gordon Zone be systematically explored by Snow Lake in an effort to increase the tonnage of the Thompson Brothers Lithium Project," stated Steve Harpur, CEO of Progressive Planet.
Qualified Person
The technical content of this news release has been reviewed and approved by Dwayne Melrose, P. Geo., a Director of Progressive Planet and a qualified person as defined in NI 43-101 and is a member of the Association of Professional Engineers and Geoscientists of British Columbia.
Progressive Planet is a Canadian based mineral exploration company with a flagship zeolite mine in British Columbia, and a graphite property in Buckingham, Quebec.
"Progressive Planet", "PLAN" or the "Company") has received additional results from InnoTech Alberta for its Zeolite Efficacy Trial. We have disclosed what we deem to be material in nature.
The trial included two popular grow media used in the Cannabis industry. Each grow medium was placed into 28 pots. For each grow medium, seven pots containing no Z1 Zeolite functioned as a baseline and seven pots had 5%, 10% and 15% of Z1 Zeolite added by weight respectively.
The objectives of the study were to investigate the effect of PLAN's Z1 Zeolite on the growth and qualities of greenhouse grown low-THC Cannabis (industrial hemp), irrigation water use and nutrient release/retention of two substrates. The first substrate was an organic grow medium specifically tailored for growing Cannabis. The second substrate was a widely used, high porosity, low density, peat-based growing medium, widely available for retail purchase in Canada, which also contains mycorrhizae.
Section 39(1) of the Industrial Hemp Regulations (IHR) allows a variety of industrial hemp to be designated as an approved cultivar, provided that the variety will produce a plant that will contain 0.3% THC or less in its leaves and flowering heads. For our study, we selected the Sativa hemp cultivar X-59 (Hemp Nut). This cultivar contains compacted, profuse flower heads and is known to contain approximately 1.5% of CBD and 0.1% or less of THC at grain harvest stage according to Dr. Jan Slaski, the lead advisor of the Zeolite Efficacy Study. Finally, this cultivar of hemp is exempt from THC testing under subsection 16 (1) of the Industrial Hemp Regulations.
We wish to state that the chemical composition and the cation exchange capacity of Zeolite vary for different deposits. As a result, the results from this study cannot be extrapolated for other Zeolite deposits.
Prior results reported focused solely on the organic grow medium and did not include any cannabinoid analyses of flower tissue for either of the grow media.
The cannabinoids analyzed included CBC, CBD, CBDa, CBG, CBGa, CBN, d8-THC, d9-THC, THCa, and THCV. We have not reported any THC compounds as the cultivar used contains 0.1% or less of THC at grain harvest as described above. A UHPLC system equipped with a UV DAD detector was used for the analyses of all cannabinoids tested.
PLAN will not release all the data from the report in order to protect intellectual property, but the following material observations were made:
Organic grow medium designed for growing Cannabis
Z1 Zeolite added to the organic grow medium improved soil moisture conservation and the retention of the majority of 19 tested elements and improved the mineral status of the flower buds.
Based on calculated harvest index, flower bud yield was increased where Z1 Zeolite was added.
The highest average total bud yield per category of Z1 Zeolite added was 123.2 grams per plant and this average was recorded for the seven pots which contained 10% Z1 Zeolite. The baseline with no Z1 Zeolite had a yield of 118 grams, which was not significantly different than the 10% Z1 Zeolite addition result.
Z1 Zeolite did not significantly affect the production of all detectable cannabinoid compounds versus the baseline; however, total CBD ranged between 0.54% to 2.66% when Z1 Zeolite was added. Much of this variation may be attributed to genetic variability of the seed. InnoTech Alberta proposed further study of Z-1 Zeolite using clonally propagated high-CBD lines of industrial hemp and/or high THC Cannabis strains to quantify this efficacy.
Widely available peat-based grow medium
Z1 Zeolite added to the peat-based grow medium did not improve soil moisture conservation or nutrient retention. This result was not unexpected as the peat-based medium is designed as a multi-use growing medium and is specifically designated as high porosity with a high content of perlite.
The highest average total bud yield per category of Z1 Zeolite added was 162.8 grams per plant and this average was recorded for the seven pots which contained 10% Z1 Zeolite. The baseline with no Z1 Zeolite had a yield of 59.1 grams.
In plants grown in 10% Z1 Zeolite pots, the total CBD concentration available as a percentage was slightly lower versus the organic growing medium, but the absolute total CBD amount as measured by weight was higher due to the higher total bud yield.
Zeolite stimulated the production of tested cannabinoid compounds. When 5% or 10 % Z1 Zeolite was added to the grow media, CBD, CBG, CBN, CBC and THC were higher than the baseline (0% Z1 Zeolite added). Total CBD available was 1.07% for the baseline with no Z1 Zeolite. Total CBD was 1.40% and 1.38% with 5% and 10% Z1 Zeolite added respectively. As with the organic grow medium, InnoTech Alberta recommended further trials using clonally propagated high-CBD lines of industrial hemp and/or high THC cannabis strains.
Based on the excellent results of the study with respect to 10% Z1 Zeolite added to the widely available peat-based grow medium, Progressive Planet plans to begin selling 454-gram (1 pound) bags of Z-1 Zeolite on its website. The e-commerce platform to enable online shopping is being developed concurrently with packaging and labeling.
"I am very satisfied that the study confirmed our hypothesis that our Z1 Zeolite has merit when used with a widely available Canadian grow medium. Progressive Planet has an existing bagging line at the Advanced Material Centre and we plan to start selling small bags of Z1 Zeolite to Canadians who wish to use this to enhance grow media when legally growing Cannabis plants in their homes in Canada," said Stephen Harpur, CEO. Progressive Planet also plans to offer larger bags and bulk sales of Z1 Zeolite to commercial Canadian hemp and Cannabis growers in Canada in 2019.
Based on the results of this trial, Progressive Planet has procured an option to lease five acres of land immediately adjacent to its Advanced Materials Centre in Vernon, BC for the purpose of growing strains of industrial hemp outdoors during the 2019 growing season. All strains we plan to grow will be designated by Health Canada as approved cultivars. In addition, an additional five acres of farm land located in Salmon Arm, BC and owned by Stephen Harpur, CEO, have been made available for the same purpose. Progressive Planet has no plans to grow any strain of Cannabis which contains high levels of THC.
It is the intention of Progressive Planet to use the data gathered from this comprehensive study to focus on maximizing the yield of both CBD and CBG in industrial hemp. Progressive Planet intends to engage InnoTech Alberta as technical advisors for this second phase of testing. "I am excited to act as a Technical Advisor to Progressive Planet in their pursuit of high bud yields and increased CBD and CBG cannabinoid concentrations in Phase 2 of their Z1 Zeolite Efficacy Grow Trials. For Phase 1, the constraint of time did not permit us to use clones. With the data from Phase 1 and the time to procure clones, this is an option for Phase 2 of the Z1 Zeolite Efficacy Trials" stated Dr. Jan Slaski.
There is no guarantee that Progressive Planet will receive approval to grow industrial hemp in 2019 in either of these two locations in the Okanagan Region of BC. The Company cautions that it remains in the evaluation stage of these opportunities only, and has not submitted any applications to become a licensed grower of industrial hemp, and that any transaction resulting in the Company's entry into the hemp industry will require various approvals, including that of Health Canada and the TSX Venture Exchange, and at present, none of those approvals have been sought.
Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Mine in British Columbia, an equity interest in Snow Lake Resources, the right to earn a 5% interest in the Lac Guéret Extensions Graphite Project in Quebec and a 100% interest in the Buckingham Graphite Project in Quebec.
Tuesday, October 2, 2018 9:00 AM EST Update on Zeolite Efficacy Trial Results...... Vancouver, British Columbia (FSCwire) - PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (Progressive Planet, PLAN or the Company) is pleased to announce that the zeolite efficacy trial results are expected in the coming weeks...... Progressive Planet CEO, Steve Harpur, and COO, Derek Knight, completed a 2-day site visit of the Innotech Alberta facility to view the progress of the trial..... All of the buds have been harvested and dried.... In addition, the water consumption data, leachate analysis and plant and soil pathology work have been completed, stated Steve Harpur...... Outstanding tasks include third party lab analysis of plant tissue, and quantification of the THC and CBD yields which will be completed by the in-house laboratory of Innotech Alberta....... Once this work is completed, a comprehensive analysis of all data will be completed, and a final report will be written..... We hope to be able to speak to the results of our Zeolite Efficacy Trial during the month of October 2018, but there are factors such as wait times in third party labs which are beyond our control, stated Steve Harpur...... Progressive Planet is a Canadian based mineral exploration company with a flagship zeolite mine in British Columbia, the right to earn a 20% interest in a lithium project in Manitoba and a graphite property in Buckingham, Quebec
Management’s M&A has been filed. VERY promising results from Jackpot Lithium Property. I urge all interested investors to read the Sedar report.
Of interest is the excerpts showing a third,previously unknown zone of lithium, discovered!!
“ On April 18, 2018, the Company announced further drill results from holes J-18-06 through 15 of the ongoing Phase 1 drilling program which began in December 2017. A third lithium-bearing pegmatite zone has been discovered (drill hole J-18-13: 3.02% Li2O from 232.65-237.65m) which will be targeted as part of the current drilling program Results from the Phase 1 drilling program are being used to guide future drilling and to complete a National Instrument 43-101 Technical Report and Mineral Resource Estimation.
A total of 15 drill holes, totaling approximately 2,052 metres, have been completed to date and all results are now reported. All but one drill hole (J-18-09) contained significant spodumene-bearing pegmatite intercepts. Locations of the drill holes are designed to support historic drilling results, assist in modeling the orientation of the pegmatites, and provide a more robust understanding of the Property’s potential. Drilling to date confirms the presence of the three pegmatite dykes, one near or at surface and relatively flat-lying (Dyke #1), the second striking approximately east-northeast and dripping shallowly to the northwest (Dyke #2), and a third pegmatite dyke (Dyke #3) below Dyke #2”
Significant drilling has been done since this report was completed and, hopefully, new assays should be coming soon.
Remember assays PROVE the value of this the property.
Signigicant addition to the Board as we need zeolite knowledgeable persons!!
"- PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet” or the "Company”) is pleased to announce Conrad Wagenaar, President of KMI Zeolite has accepted the position of Vice President of Business Development with Progressive Planet Alberta Inc. a wholly owned subsidiary of Progressive Planet Solutions inc.
Mr. Wagenaar has spent more than seven years growing KMI Zeolite. KMI Zeolite operates a mine in California and a zeolite processing and packaging facility near Pahrump, Nevada. Prior to this, Mr. Wagenaar completed undergraduate degrees in business and computer science as well as an MBA from Queen’s University in 2010. The new position is a permanent part-time position as Mr. Wagenaar remains active with KMI Zeolite which primarily sells to US customers while Progressive Planet is focused primarily on Canadian markets.
“I cannot overstate the opportunity this announcement brings to our Company. Having a person as qualified as Mr. Wagenaar provide strategic advice on product development, identification of markets, and efficient processing is invaluable. We look forward to having Mr. Wagenaar integrate with our growing team as we build our brand.”
Progressive Planet is a Canadian based mineral exploration company with a flagship zeolite mine in British Columbia, the right to earn a 20% interest in a lithium project in Manitoba and a graphite property in Buckingham, Quebec.
PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet” or the "Company”) is pleased to announce that Nova Minerals Limited (Nova; ASX:NVA FSE:QM3) has released a project update on the Thompson Brothers Lithium Project in its news release dated August 28, 2018.
Nova Minerals Limited own the rights to earn up to 80% ownership interest of the Thompson Bros. Lithium Project from the Company by, among other things, financing the Company's commitments under its Option Agreement with Strider Resources Ltd.
Per Nova Minerals Limited's update, a new zone of spodumene bearing outcrops has been identified as part of the Sherritt Gordon (SG) pegmatite cluster. The coarse grain spodumene outcrops identified are 300m southeast of the Sherritt Gordon dykes. For further information, please refer to Nova Minerals Limited's news release. However, please note that the Company has not verified the accuracy or completeness of Nova Mineral Limited's news release.
The technical content of this news release has been reviewed and approved by Dwayne Melrose, P. Geo., a Director of Progressive Planet and a qualified person as defined in NI 43-101 and is a member of the Association of Professional Engineers and Geoscientists of British Columbia.
Progressive Planet is a Canadian based mineral exploration company with a flagship zeolite mine in British Columbia, the rights to earn a 20% interest in the Thompson Brothers Lithium project in Manitoba and a graphite property in Buckingham, Quebec.
PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet” or the "Company”) is pleased to announce the appointment of Quak Lee as an Advisory Member to our Board of Directors.
Quak Lee is a highly qualified chemical engineer with over 15 years’ experience in engineering, management and data science and has earned a long list of certifications. Mr. Lee will assist in developing value-added products using Progressive Planet Solution Inc.’s existing zeolite assets.
“Quak’s diverse expertise will move us forward in developing exciting new zeolite-based products. We are very pleased to have such a highly skilled professional join our company. I have had the pleasure of working with Quak in the past decade on other product development initiatives,” added Stephen Harpur, CEO.
Progressive Planet is a Canadian based mineral exploration company with a flagship zeolite mine in British Columbia, a 20% interest in a lithium project in Manitoba and a graphite property in Buckingham, Quebec.
PP set for monies to drill properties
"PROGRESSIVE PLANET ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Progressive Planet Solutions Inc. has set the terms of a non-brokered private placement of up to eight million units at a price of five cents per unit for gross proceeds of up to $400,000.
Each unit will be subject to a four-month holding period and will comprise one ordinary share and one full share purchase warrant of the company. Each warrant will entitle the holder to acquire one common share of the corporation for a period of 24 months following the closing date, at an exercise price of 10 cents per warrant share, subject to an acceleration clause if the shares are trading at 15 cents or more for a period of 10 consecutive trading days following the completion of the four-month holding period. Finders' fees may be payable.
The net proceeds from the private placement will be used to finance Progressive Planet's drill program at the Buckingham graphite property during the fall of 2018 and for general working capital.
Progressive Planet is a Canadian-based mineral exploration company with a flagship zeolite mine in British Columbia, a 20-per-cent interest in a lithium project in Manitoba and a graphite property in Buckingham, Que.
-GREAT TO SEE iNVESTOR HUB IS KEEPING UP TO DATE ON THE CHANGE IN SYMBOL AND NAME CHANGE OF THE OLD ABR COMPANY
" PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet” or the "Company”) is excited to announce it has completed all its option requirements on the Z-1 Zeolite Property in Cache Creek, BC. Official notice has been given and the title transfer process has begun.
Progressive Planet overcame some interesting challenges, including fire and flood weather conditions, to complete its option requirements. Despite all this, the Company is pleased that our team demonstrated the tenacity and perseverance to obtain the Z-1 Quarry months ahead of schedule. Management will now focus on procuring infrastructure to process zeolite ore to product sizes. In addition, Progressive Planet will continue its efforts in product development of value-added zeolite products and is fast tracking efforts to get its zeolite to market.
“At this time, we wish to thank Mr. LuVerne E.W. Hogg, an international expert on zeolites, and his team at ZMM Canada Minerals Corp, for their professionalism acting as Operator and providing guidance as we procure equipment for our processing facility,” stated Steve Harpur, CEO of Progressive Planet.
Progressive Planet is a Canadian based mineral exploration company with a flagship Zeolite Mine in British Columbia, a 20% interest in a lithium deposit in Manitoba and a graphite property in Buckingham, Quebec.
First sales!!
PROGRESSIVE PLANET SOLUTIONS INC. (PLAN-TSX:V) (“Progressive Planet” or the "Company”) is pleased to announce that it has delivered its first sale of commercial quantity zeolite to a municipality in British Columbia. “This sale is an important milestone for our Company. It demonstrates demand for zeolite as a commodity. We will continue down our dual path of selling bulk zeolite while concurrently developing greater margin, value-added products,” stated Steve Harpur, CEO of Progressive Planet.
Progressive Planet in conjunction with the Z-1 zeolite operator, ZMM Canada Minerals Corp. has also purchased mineral processing equipment including a micronizer which will arrive in BC in July and will process the zeolite ore to a micronized, highly desirable particle size used in advanced technologies.
Management is finalizing the purchase of two structures (approx.. 12,500 sq. ft) in the Shuswap region of BC, to size reduce, dry, and store zeolite.
Progressive Planet is a Canadian-based mineral exploration and development company with an operating zeolite mine near Cache Creek, British Columbia. Progressive Planet also has the right to earn a 20% interest in a lithium deposit in Manitoba and a majority interest in graphite mineral claims in Buckingham, Quebec. Progressive Planet is currently undergoing projects with Innotech Alberta via its wholly-owned subsidiary, Progressive Planet Alberta. These projects relate to developing products using zeolite and lithium
ABR becomes PLAN Progressive Planet Solutions Inc Friday
Also Progressive Planet Solutions Inc (C:PLAN) New Listing
Pursuant to a resolution passed by shareholders on May 31, 2018, the company has changed its name as follows. There is no consolidation of capital.
Effective at the opening on June 8, 2018, the common shares of Progressive Planet Solutions Inc. will commence trading on the TSX Venture Exchange, and the common shares of Ashburton Ventures Inc. will be delisted. The company is classified as a mineral exploration/development company.
Capitalization:unlimited shares with no par value, of which 42,469,137 shares are issued and outstanding Escrow:nil Transfer agent:Computershare Investor Services Inc. Trading symbol:PLAN (new) Cusip No.:74337Q101
Ashburton Subsidiary Signs Agreement for Next Generation Battery Research
IF SUCCESSFUL WILL BE VERY POSITIVE DEVELOPMENT
Vancouver, British Columbia (FSCwire) - ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is excited to announce the signing of a contract between Innotech Alberta Inc. and Progressive Planet Alberta Inc. (a wholly owned subsidiary of Ashburton Ventures Inc.) to further advance the development of two types of Lithium-Sulfur batteries.
High and Low Energy Density Lithium-Sulfur Batteries
High energy Lithium-Sulphur Ion Batteries have a theoretical storage capacity that is five times greater than Lithium-Cobalt Ion Batteries. The latest generations of smart phones and electric cars typically use Lithium-Cobalt Ion Batteries. High energy density Lithium-Sulfur Batteries offer unique opportunities in the compact electronics space.
Ashburton believes that low energy storage devices will play a role in storing the vast amount of renewable energy that is anticipated to be added to the North American utility grid because renewable energy is not always produced at the time that it is consumed. In anticipation of this storage requirement, low density storage solutions will be paramount to provide a means to stabilize the grid by matching the supply of electricity with the demand for electricity. InnoTech Alberta has begun work on low density storage of electricity into building materials and this work will continue as part of this agreement.
InnoTech Alberta is an independent but wholly owned subsidiary of Alberta Innovates and offers a diversified range of scientific, engineering, and technological research and testing capabilities, and the facilities to support technology development and scale-up.
The Bio-Thermo-Chemical Team at InnoTech Alberta has a wealth of experience in developing custom carbonized materials which have super high surface area with nano-sized porosity for battery applications. Strategically, the team is focusing more on higher value products from these carbonized materials utilizing InnoTech Alberta’s proprietary processes for super high surface area activated carbon formation and sulfur impregnation. “We are pleased to partner with an entity that has a direct interest in materials associated with this technology and a keen interest in seeing our research in carbonized biomass based electrodes advance and enhance the lithium-sulfur battery industry” stated Earl Jenson, who leads the Bio-Thermo-Chemical Team at InnoTech Alberta.
Intellectual property developed as a result of this research project will be owned by Progressive Planet Alberta Inc.
“This agreement is an exciting look into the future for our company. As we advance our lithium, graphite and zeolite properties, we are seeking to develop value-added products for the storage of heat and electricity. As the future becomes more focused on renewable energy, we look forward to developing and owning intellectual property in this sector.” stated Steve Harpur, CEO of Ashburton Ventures.
Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on zeolite, lithium and graphite projects in Canada.
Update from management plus name change!
"ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is providing this corporate update to its shareholders on its activities involving Zeolite.
Zeolite Grow Trial
The Zeolite Grow Trial was announced on March 1, 2018. On March 24, 2018, 48 pots were each planted with multiple seeds to ensure that each pot contained at least one female. At the stage where the plants expressed their gender, all the male and female plants were culled except for one female per pot. As of May 3, 2018, we now have 48 female plants which will all be tested and measured at the end of the trial.
The plants are expected to reach maturity in late June or early July 2018. After harvesting the mature buds and the entire biomass for measurement and sampling, lab analysis and the associated reporting are expected in August 2018.
Z-1 Zeolite Option
Ashburton has been working towards accelerating the amended agreement with the intent of earning 100% of the Z-1 property earlier than January 2019. At the time that the amended option was signed in January 2018, Ashburton has spent approximately half of the $500,000 it needed to spend on the Z-1 Zeolite Claims. Ashburton has been advancing additional funds to the operator, ZMM Minerals Canada Corp. since that time and Ashburton expects to reach the $500,000 spend during the summer months of 2018. A facility is being negotiated for lease, as well as equipment being purchased to allow the company to store, dry and process the zeolites into various sizes demanded by different markets. The company currently has several thousand tons of zeolite processed and piled at the mine site in Cache Creek.
Flooding in the Cache Creek area has not affected the zeolite mine site.
Other Zeolite Initiatives
[t][/t]As we work towards completing the acquisition of the Z-1 Zeolite mineral claims, focus will continue on developing markets for zeolite in Canada. Tests that are required to register our zeolite in Canada are being completed. This will enable us to create products for use in animal feeds.
Other Corporate Matters
Ashburton has turned its focus to developing industrial mineral properties and associated products that include these minerals, therefore, we have requested that our shareholders approve a change of name to Progressive Planet Solutions Inc. The vote to approve the name change will occur on May 31, 2018.
As part of this progression, we expect to complete more research and development work in the province of Alberta and have recently incorporated a wholly owned subsidiary, Progressive Planet Alberta Inc.
Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on zeolite, lithium and graphite projects in Canada.
SHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce the Operator of the Z-1 Zeolite Quarry, ZMM Canada Minerals Corp., has received notification of additional Natural Sciences and Engineering Research Council of Canada (NSERC) funding of $121,000 to its partner, the Northern Alberta Institute of Technology (NAIT) on “Salinity tolerance of regional native plant species and soil amendment potential for reclamation.”
In early April 2018, additional Z-1 Zeolite from the Z1 Quarry at Cache Creek, BC, was shipped to Dr. Jean-Marie Sobze of NAIT to continue the research on Z-1 Zeolite’s efficacy in reclamation of salt contaminated soils. This program’s intention is to test novel approaches to enhance and improve existing technologies to meet the demands of reclaiming naturally saline soil in northern Alberta.
“This is the second year that Z-1 Zeolites have been used in this research project supported by the Natural Sciences and Engineering Research Council of Canada (NSERC). We believe this speaks highly of the efficacy of Z-1 zeolites in soil remediation efforts.” states Steve Harpur, CEO of Ashburton.
The work is being conducted by the Boreal Research Institute of the Northern Alberta Institute of Technology (NAIT) with industry partners Paramount Resources (ACL) Ltd., ZMM Canada Minerals Corp. (ZMM) Alberta Economic Development and Trade and Natural Science and Engineering Research Council of Canada (NSERC).
“To be a part of developing these breakthrough technologies utilizing zeolites embodies our core values. This project exemplifies this, and we are very pleased with the progress to date” stated Verne Hogg, CEO of ZMM.
“Verne has over 30 years experience in zeolite research and having third parties test the efficacy of zeolite from the Z-1 Zeolite Deposit is vital to developing Canadian markets for this source of zeolite.” stated Steve Harpur, CEO of Ashburton.
We acknowledge the support of the Natural Sciences and Engineering Research Council of Canada (NSERC), which invests annually over $1 billion in people, discovery and innovation.
ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce that Derek Knight has agreed to take on the role of Vice President of Operations (VP Operations) as well as the Role of Investor Relations Representative for Ashburton Ventures.
Mr. Knight has over 10 years of investing experience with small and microcap companies and over 14 years experience in construction and maintenance. He has planned and overseen the execution of millions of dollars in projects throughout his career where he has held roles in project management, planning, reporting, and leadership.
“Derek holds several trade licenses and his experience working in large industrial environments in combination with his work in continuous improvement made him an excellent fit for this hands-on position as VP Operations. With respect to Derek’s role as our new Investor Relations Representative, I got to know Derek and his interest in small and microcap investments in the past and have full confidence in his ability to represent Ashburton as the point of contact with our investors and potential investors. I am proud to have Derek join our team after he spent the last two months getting to know our vision” stated Steve Harpur, CEO and Chairman of Ashburton Ventures Inc.
The compensation for the role of Investor Relations Representative will be $3,500 per month in addition to the issuance of 150,000 stock options.
On a separate note, Ashburton has made a strategic decision to not renew its claims known as the Hackett Project in BC. “It was always my plan to focus Ashburton on its advanced projects in lithium, zeolite, and graphite. Releasing these claims enables us to focus our resources on our most advanced projects and is consistent with our prior cancelation of the TransCanada and Juniper Creek zeolite projects in conjunction with our mandate to monetize the more advanced Z-1 Zeolite Project” stated Steve Harpur.
Both Derek Knight and Steve Harpur visited the Z-1 Zeolite Mine in Cache Creek last week as the snow cover has melted and enabled access to the mine. Photos of the site visit are available at the Projects Section of www.ashburtonventures.com.
Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on zeolite, lithium, and graphite projects in Canada.
Amazing closure of PP to give hope.
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 4, 2018.
Number of shares:10 million shares Purchase price:nine cents per share Warrants:10 million share purchase warrants to purchase 10 million shares Warrant initial exercise price:18 cents Warrant term to expiry:two years (The warrants are subject to an accelerated expiry provision in the event the average trading price of the company's shares is equal to or greater than 30 cents for 10 consecutive trading days.) Number of placees:39 placees Insider:Stephen Harpur, 150,000 Total pro group involvement:775,000 (five placees) Finders' fees:Haywood Securities Inc., $13,500 cash and 150,000 warrants; Richardson GMP Ltd., $20,385.00 cash and 226,500 warrants; PI Financial Corp., $5,319 cash and 59,100 warrants; Ray Kenney, $594 cash and 6,600 warrants Finder's warrant initial exercise price:nine cents Finder's warrant term to expiry:12-month term
Note that in certain circumstances, the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
Its working...thx Sam
I just spoke with Investors support. There is a problem with all Boards which have TSX: designation of the company. They will report it to their backroom and hopefully correct the problem.
I suggest waiting a day or so .If not corrected call support number and let them know
January 17th, 2018, VANCOUVER, B.C. ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (Ashburton or the "Company) announces the Company has signed an amending agreement with ZMM Canada Minerals Corp. (ZZM) to amend certain terms of the Z-1 Zeolite agreement announced January 30th, 2017. The amending agreement will afford Ashburton an additional 12 months to meet the minimum expenditures requirement. During 2017 Ashburton was able to obtain a bulk sample of zeolite at the Z-1 quarry. The summer, however, was problematic with a halt in production due to flooding of Cache Creek which took out road access. stated Ashburton President, Stephen Harpur. In 2018, we will focus our attention and resources on developing the Z-1. Terms of the amendment include the reduction of shares payable on the 12 month anniversary from two million shares of the Company to one million shares of Ashburton. Additionally, the Company will no longer be proceeding with the TransCanada and Juniper Creek zeolite projects in conjunction with its mandate to monetize the Z-1 project to the best of its ability. Verne Hogg, President of ZMM, stated, As operators, we have been conducting product and market development activities since February 2017 and are excited about commercializing the Z-1 zeolite in 2018. Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on Canadian mineral projects. ON BEHALF OF THE BOARD Signed Michael England Michael England, CEO FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; www.ashburtonventures.com
How do we get the quote box working?
Talk about a fast fill on the PP
Ashburton Ventures Inc. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces the Company has fully subscribed the previously announced non-brokered private placement of up to 10,000,000 units at a price of $0.09 per Unit for aggregate gross proceeds of $900,000 (see PR dated January 4th, 2018).
The closing of the offering is subject to receipt of all necessary approvals, including the approval of the TSX Venture Exchange.
The Company may, in its sole discretion, pay finders' fees to agents of the Company.
Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada.
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ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces the Company has arranged a non-brokered private placement of up to 10,000,000 units (the "Units") at a price of $0.09 per Unit for an aggregate gross proceeds of $900,000 (the "Offering").
Each Unit is comprised of one common share (a "Share") and one Share purchase warrant (a "Warrant") of the Company. Each Warrant will entitle the holder to purchase one Share (a “Warrant Share”) at a price of $0.18 per Warrant Share for a 24 month period after the Closing Date. The warrants are subject to an acceleration clause, which states that the issuer will have the right to accelerate the expiry date of the warrants if, at any time after 6 months from closing, the average closing price of the shares is equal to or greater than 30 cents for 10 consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after the issuer issues a news release, announcing that it has elected to exercise this acceleration right. The Company intends to rely on the "investment dealer" prospectus exemption, among other prospectus exemptions, with respect to the private placement. As such, the Issuer confirms that there is no material fact or material change about Ashburton that has not been generally disclosed.
Proceeds will be used towards advancing its Z-1 Zeolite project located in Cache Creek, BC (approximately $700,000) and for general corporate purposes (approximately $150.000).
The financing is subject to TSX Venture Exchange approval.
The Company may, in its sole discretion, pay finders' fees to agents of the Company.
Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada.
ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces the appointment of Mr. Stephen Harpur, CPA, CGA, to its Board of Directors. Effective immediately. Mr. Harpur will also be appointed President as well as Chief Operating Officer to assist in guiding the Company as it prepares to advance its Z-1 Zeolite project located in Cache Creek, BC.
Stephen Harpur is a Chartered Professional Accountant. After graduating from business school, Steve joined Richardson Greenshields in 1993 and spent the next six years as an investment advisor. Since 1993, Steve has raised equity for many small cap companies, both public and private.
Stephen has extensive experience in project management working for both himself and in a management position with a corporate restructuring and insolvency firm. Past projects include the following:
Built out a scalable e-commerce platform in the early 2000’s;
Completed a 30-unit residential construction project as part of a corporate restructuring;
Supervised multiple capital projects at a large composting and anaerobic digestion
Designed and built the first industrial plant in Western Canada to de-package expired packaged food while recycling the packaging;
Oversaw two research projects in collaboration with a respected Canadian university to make and then test a potassium hydroxide fertilizer through crop trials; and,
Oversaw multiple research projects converting organic wastes into biofuels with co-funding from the National Research Council.
“I look forward to our team advancing the Z-1 Zeolite Project while concurrently developing markets for zeolite. I have personally purchased and used zeolite from the Z-1 on my own farm in the Okanagan and am excited to develop this deposit. I also look forward to evaluating all other properties within Ashburton’s portfolio and determining how to best extract value from these properties for our shareholders.” stated Stephen Harpur.
“We are very pleased to have Mr. Harpur join the team of Ashburton. His experience in developing and commercializing various technologies and projects and connections to the academic, municipal, and business sectors will prove invaluable as we look to take our Z-1 Zeolite project to the next phase.” stated Mike England, CEO of Ashburton Ventures Inc.
David Gdanski has stepped down as both a Director and as President. In addition, Timothy Harvey has stepped down as COO. “I would like to thank both Mr. Gdanski and Mr. Harvey for their service and commitment to Ashburton and wish them well in their future endeavours.”
Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada.
ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce that an access road to the TransCanada Zeolite location, near Kamloops, BC, is now complete.
As announced on October 2nd, 2017, a Notice of Work was accepted and approved by the BC Ministry of Energy, Mines and Petroleum Resources which issued a Mine Number 1620339 and Environmental Permit Number MX-15-165 for road construction and extraction of a one thousand tonne zeolite bulk sample from the TransCanada Zeolite property.
Okanagan Aggregates Ltd., contracted to quarry the bulk sample, has excavating equipment on the property and is currently removing light overburden at the site. The overburden has been removed and quarrying has begun for the bulk sampling. One thousand metric tons of Fe-Zeolites will be stockpiled at the TransCanada site this week.
LuVerne Hogg, CEO of ZMM Minerals Canada Corp. and Ashburton’s appointed Operator of the TransCanada property, stated “This program will clarify our best options with respect to future operations. We anticipate the results of bulk sampling with great interest.”
ZMM has conducted product research and development on this new iron-bearing zeolite for the past two years. These new Fe-Zeolites have unique physiochemical properties and will continue to be tested in a wide range of industrial, environmental and consumer applications. Initially, the same production process will be used as at the Z-1 Zeolite Quarry. The TransCanada zeolites can be refined to a high purity, using high-intensity magnetic separation, thus potentially increasing the scope of products and services for new and existing markets.
Actively processing one thousand tonnes of these unique zeolites contained in volcanic flow rocks – stilbite, scolecite, and mordenite – is an innovative and exciting first for BC. Ashburton aims to be in a unique position as the only company in Canada to provide this suite of zeolite species.
The technical contents of this release were approved by LuVerne E.W. Hogg, a Qualified Person as defined by National Instrument 43-101. The properties have not been the subject of a National Instrument 43-101 report.
The Company further cautions that production decisions are not supported by a feasibility study of mineral reserves or an estimation of mineral resources and therefore there is an increased uncertainty and higher risks of technical failure and there is no certainty that the project will be found to be economic.
Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada. If you would like to be added to the news release distribution please get in touch with us at info@ashburtonventures.com.
NEW ZEOLITE PRODUCT FOR THE BC POULTRY INDUSTRY, Z-1 ZEOLITE SALES COMMENCE IN NORTH OKANAGAN
Ashburton Ventures Inc. has made sales made directly from a storage and packaging facility in Vernon, B.C. The customers are utilizing the zeolite as a new bedding application.
The British Columbia poultry industry, which contributes $883-million to the Canadian GDP (gross domestic product), according to the BC Chicken Marketing Board, currently utilizes wood shavings as its primary animal bedding in production barns. The new zeolite product addresses the age-old problem of odour and dampness, which negatively affect flock health.
"We are pleased to commence sales to the Okanagan poultry industry," said LuVerne Hogg, Ashburton operator and chief executive officer of ZMM Canada Minerals Corp. "We're currently filling orders with one-tonne bulk bags and will have further packaging options -- including one-tonne pallets loaded with 10- and 20-kilogram bags -- available in coming weeks."
Ashburton president David Gdanski added: "We have reached the important milestone of making sales from a distribution hub in Vernon. As a company, it is tremendously rewarding to be building a customer base and distribution network."
Ashburton Ventures is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada.
NEW ZEOLITE SOURCE: BC MINISTRY OF ENERGY, MINES AND PETROLEUM RESOURCES ISSUES NEW MINE PERMIT
ZMM Canada Minerals Corp. has received authorization to quarry a 1,000-metric-tonne zeolite bulk sample on the TransCanada zeolite property. Ashburton Ventures Inc. currently has an option to acquire a 100% interest in the TransCanada Zeolite property.
The Mine Permit allows the company to construct access roads, establish a quarry, remove and stockpile the bulk sample and crush on the site located near Kamloops off Duck Range Road, three kilometers east of Highway #97. Work will commence in October of 2017.
The TransCanada Zeolite property contains volcanic rocks of the Kamloops and Penticton Groups where zeolites can occur and occupy over 50 percent of the rock volume. ZMM has the technology to separate the zeolites from the flow rock as required. The zeolites identified to date are Mordenite, Stilbite, Analcime and Phillipsite. This will potentially expand Ashburton's capacity to deliver zeolite products and create new opportunities for product development.
Market testing and development for a wide range of applications in horticulture, agriculture, construction, environmental and advanced materials programs is ongoing.
LuVerne Hogg, CEO of ZMM Canada Minerals Corp. said, "The development of this zeolite occurrence will be a first for North America, which will enable technological advances in zeolite applications."
The technical contents of this release were approved by LuVerne E.W. Hogg, a Qualified Person as defined by National Instrument 43-101. The properties have not been the subject of a National Instrument 43-101 report
ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce the completion of comparative analysis of all remaining data sets from Ashburton’s study of cannabis grown with zeolite from the Z-1 Zeolite Quarry near Cache Creek, BC. The study concludes that zeolite energizes soils with a negative electrical charge that activates nutrient uptake.
Results indicate that benefits of zeolite enrichment to overall marijuana harvested (7% average weight increase per plant) and total cannabinoid potency (110% average increase) is caused by superior nutrient uptake among plants grown with Z-1 Zeolite.
According to biologist Albert Kasprowicz, operations manager at the Salt Spring Island cannabis research facility, “In plants grown without zeolite, higher levels of essential elements remained in the soil, not accessed by plant roots. However, in the zeolite and zeolite-carbon groups, the numbers tell a different story: nutrient levels drop rapidly in the soil following irrigation with dissolved ionic elements. Those disappeared nutrients then reappear in elevated concentrations in leaf tissue. We can associate zeolite and zeolite-carbon blends with improved transport of nutrients from soil to plant tissue, which in turn allows plants to metabolize more of the basic building blocks of marijuana. This explains the remarkable rise in marijuana quality and yields that we observed in our study.”
Kasprowicz proposed that the mechanism of action improving nutrient transport involves zeolite’s negative electrical charge, which increases a soil’s “cation exchange capacity,” the ability of soil to pass positively-charged ionic nutrients into root tissue. Cannabis root hairs achieve nutrient transport by cation exchange, assisted by the process of “active transport,” whereby the organic chemical ATP (adenosine triphosphate) supplies energy for molecular pumps that pull ions across cell membranes. Z-1 Zeolite naturally contains exchangeable potassium ions, ensuring that plants are well-supplied with the element necessary to maximize the production of ATP and thus accelerate nutrient transport.
“The effect is that zeolite first captures nutrients from fertilizers, and then creates a push-pull relationship with the plant roots to propel those elements into plant cells,” Kasprowicz explained.
He continued, “It is tremendously important to the marijuana cultivator that cannabis be grown in soils that promote nutrient uptake. Zeolite’s negative charge supplies energy for a nutrient-transport engine built right into the soil.”
Ashburton is currently in discussions with a manufacturer of pre-mixed soils for the cannabis industry.
Promising results for growing increased potency!!
ASHBURTON ZEOLITE ELEVATES MARIJUANA POTENCY IN STUDY OF CANNABIS GROWN WITH ZEOLITE
Ashburton Ventures Inc. has discovered a positive correlation between Z-1 Zeolite and cannabinoid production in six out of six categories detected and measured in the Meltdown marijuana strain, as recorded in a recent analysis conducted by MB Labs, a Health Canada certified cannabis laboratory.
In the case of all cannabinoids detected, total potency increased as levels of Z-1 zeolite enrichment increased. Zeolite used in Ashburton's study of cannabis grown with zeolite was sourced from the Z-1 Zeolite Quarry near Cache Creek, BC, jointly operated by Ashburton Ventures and ZMM Minerals Canada Corp.
Cannabinoid analysis was conducted using UV light detection with ultra-high pressure liquid chromatography. According to Analytics Chemist Rene Bilodeau, MB Labs applies "extremely sensitive technologies to obtain the most precise and accurate measurements possible."
Biologist and cultivation research manager Albert Kasprowicz stated, "This data set validates our study, as it illustrates a meaningful elevation of cannabinoid yields - a doubling of medicinal potency - in plants influenced by zeolite. Cannabis cultivators are farmers of cannabinoids, so these findings are momentous."
The Meltdown strain is known for relatively low THC levels, higher levels of non-psychoactive Cannabidoil (CBD), and a broad spectrum of minor medicinal cannabinoids. Liquid chromatography preserves cannabinoids in their precursor acid form, which when subjected to heat, converts to a non-acid cannabinoid at .877 of the original molecular weight (e.g. 1% THC-A = .877% THC).
Highlights of the liquid chromatography analysis include the following divergences in cannabinoid production between plants grown in Z-1 Zeolite-enriched substrate and those grown in the control substrate of unamended coconut husk fibre:
a 2.1-fold increase in Delta 9 Tetrahydrocannabinol Acid (THC-A), from 2.99% THC-A in control marijuana, to 6.29% THC-A in marijuana grown with Z-1 Zeolite enrichment;
a 2.07-fold increase in Cannabidiol-Acid (CBD-A), from 3.85% CBD-A in control marijuana, to 7.99% CBD-A in marijuana grown with Z-1 Zeolite enrichment;
a 2.37-fold increase in Cannabichromene Acid (CBC-A), from .19% CBC-A in control marijuana, to .45% CBC-A in marijuana grown with Z-1 Zeolite enrichment;
a 2.06-fold increase in Cannabigerol Acid (CBG-A), from .16% CBG-A in control marijuana, to .33% CBG-A in marijuana grown with Z-1 Zeolite enrichment;
a 1.79-fold increase in Cannabidivarin Acid (CBDV-A), from .014% CBDV-A in control marijuana, to .025% CBDV-A in marijuana grown with Z-1 Zeolite enrichment, and
a 2.26-fold increase in Tetrahydrocannabivarin Acid (THCV-A), from .015% THCV-A in control marijuana, to .035% THCV-A in marijuana grown with Z-1 Zeolite enrichment.
In the case of all detected cannabinoids, potency rose steadily as levels of zeolite enrichment increased through three increments.
In the case of zeolite blended with carbon (ZMM T-Carbon), potency for most cannabinoids peaked at medium levels of enrichment and then declined, revealing an approximate level of optimal enrichment. The data suggests that ZMM T-Carbon makes Z-1 Zeolite more efficient by allowing for near-peak cannabinoid production with a lower input of Z-1 Zeolite. With the exception of CBG, overall cannabinoid potency remained lower than levels reached with high applications of only Z-1 Zeolite.
Kasprowicz is currently analyzing MB Labs data including soil and liquid runoff samples to extrapolate mechanisms of action prior to designing a follow-up study.
Ashburton Chief Operating Officer Timothy Harvey stated, "We're extremely pleased with the key findings of our study. Not only did the cannabinoid output of the Meltdown strain approximately double with the addition of Z-1 Zeolite, but this effect is coupled with a 7% increase in the total dry weight of marijuana harvested, as previously reported. These results indicate that Z-1 Zeolite adds significant value to cannabis cultivation enterprises."
Graphed results of the MB Labs cannabinoid analysis from dried marijuana samples of the Meltdown strain are posted on Ashburton's website at http://www.ashburtonventures.com/news/lab-results.png.
Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada. If you would like to be added to the news release distribution please get in touch with us at info@ashburtonventures.com.
ASHBURTON DRILLS 11.6 METRES 1.37 WT. % LI20 AT THOMPSON BROS. LITHIUM PROJECT, SNOW LAKE, MANITOBA
Ashburton Ventures Inc. has provided the following positive drill results from the Thompson Bros. lithium project in Manitoba, Canada, located approximately five kilometres from Far Resources' Zoro project, where 2017 drilling yielded comparable figures. Assays have been received for two out of six drill holes.
Highlights:
Hole TBL001: from 35.4 to 47 metres (11.6 metre interval) of 1.37 wt. % Li2O
Hole TBL002 from 19 to 24.4 metres (5.43 metre interval) of 1.55 wt. % Li2O
Early results support the historical data
Six drill holes were completed at the Thompson Bros Lithium Project in Manitoba of which five encountered significant intervals of spodumene (lithium-bearing mineral) mineralization at downhole widths that are comparable or exceed those encountered from historical drill programs.
Hole One TBL17-001 : 35.4 - 47 metres (11.6 metre interval returned a weighted average assay of 1.37% Li2O), is located near historic hole 102 (the hole ended in pegmatite due to unstable conditions), which intersected further pegmatite from 52.4 to 59.4 metres (7.0 metre interval).
Hole Two TBL17-002 : 8.5 - 9.34 metres and 19 - 24.4 metres (two intervals, 0.84 metres and 5.43 metres returned weighted average assays of 0.53 wt. % and 1.55 wt. % Li2O respectively) , is located near historic hole 111 which also encountered two intervals: 20.9 to 24.5 metre (3.6 m interval) and 55.5 to 57.3 metre (1.8 metre interval).
CEO Mike England stated "The first two holes have shown a strong correlation with existing historic drill data and have returned excellent grade at relatively near surface intersections. We are eager to see the remaining four drill hole assays and look forward to reporting results."
The project is financed by Quantum Resources Limited (ASX: "QUR") who has the right to earn in up to 80% of the project.
The technical contents of this release were approved by Michel Boily, PhD, P.Geo a Qualified Person as defined by National Instrument 43-101.
ASHBURTON ANNOUNCES INCREASED YIELDS OF MARIJUANA PRODUCED IN CANNABIS-ZEOLITE STUDY
Ashburton Ventures Inc. has released the analysis of the final weight of dried marijuana harvested from plants involved in a study of cannabis cultivated with zeolite from the Z-1 zeolite quarry near Cache Creek, B.C.
Plants enriched with a zeolite-carbon blend produced up to 29% more dry cannabis (in a 0.9% to 29.4% range), with an average per-plant increase of 7.8% compared to control plants grown in straight coconut husk fibre (coco coir). Plants enriched with straight zeolite produced up to 19% more dry cannabis (in a 2.3% to 19.0% range), with an average increase of 7.1% in total harvest yields compared to the control group average.
According to Albert Kasprowicz, BSc, "Each of the study's eighteen test groups and two control groups produced a cluster of six data points within a range. The average value of each data cluster is the key information, because an operation's total harvest is proportional to the average plant's yield. We can now predict with confidence the effect of ten distinct soil recipes on total harvests, when applied on an operation-wide scale. Two of those recipes stand out from the rest."
The study produced a scatter chart of data points measured in grams, representing per-plant marijuana yields in twenty groups of six plants each. The study was split between two strains, Meltdown and CBD God, grouped according to levels of enrichment with straight zeolite, straight carbon, or a zeolite-carbon blend mixed into a base soil of coco coir. To obtain data, whole plants were hung to dry for one week in a controlled-humidity environment before flowers were removed and weight measurements taken under Kasprowicz' supervision.
Kasprowicz stated, "Straight zeolite and zeolite-carbon blends gave us the biggest gains, each with an average production increase of over 7% consistent across both strains. Our next phase of research will attempt to push this number higher by adjusting zeolite particle sizes. We believe a 10% production increase may be a realistic goal. Our pending order for 20 tons of Z-1 Zeolite has been adjusted to include a blend of fine particle sizes specific to our needs."
Ashburton President David Gdanski stated, "Our study demonstrates a simpler route to the higher yields cultivators are after. In an industry where costs of production are high, typically exceeding 50% of the wholesale value of marijuana produced, a 7% or 10% increase in yields and revenue can equate to a 15% or 20% increase in net profit. We're extremely pleased about what our study says about the potential return on investment for Z-1 Zeolite customers in the commercial marijuana sector."
Ashburton currently awaits Kasprowicz' analysis of data recently released by MB Labs, to better understand the mechanisms by which zeolite and carbon act to increase marijuana yields.
Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada. If you would like to be added to the news release distribution please get in touch with us at info@ashburtonventures.com.
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Progressive Planet is an emerging technology company dedicated to providing innovative solutions and earth-friendly micronized minerals that naturally unlock sustainability benefits across the construction and agriculture industries. Progressive Planet is developing and scaling a portfolio of proprietary solutions to help our customers build, grow, and operate more responsibly, and with greater success.
Environmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Progressive Planet recognizes the importance of developing these standards.
Sustainability is not just about greener products. As an emerging technology company dedicated to providing innovative solutions and earth-friendly micronized minerals that naturally unlock sustainability benefits across the construction and agriculture industries, Progressive Planet recognizes the importance of developing environmental, social, and governance (ESG) reports as our roadmap from which to set goals and continuously improve.
To this end, we have set a goal of having our first ESG report completed by June 30, 2022.
Progressive Planet boasts a world-class development team from a wide range of disciplines. This includes PhDs and engineers with specific expertise in carbon sequestration, and other industry leaders with specific areas of expertise relevant to the company’s mission.
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