PLAN:CC - Dual-Listed CleanTech Company Receives Five-Year Permit
2023-11-27 14:09:20 ET
%CleanTech — technologies that aim to improve environmental sustainability — is a growing field as the world embraces sustainability. This company’s expertise lies in developing critical low-carbon and carbon-sequestering solutions using their owned mineral assets and recycled materials to create planet-friendly products that fight climate change and protect the planet's health.
Developing CleanTech solution provider %ProgressivePlanetSolutions (TSXV: ) (OTC: ASHXF) announced the receipt of a new five-year permit for the Bromley Creek zeolite quarry in partnership with International Zeolite Corp. Progressive Planet has an existing option agreement to purchase a 50% interest in the Bromley Creek claims, mine lease and quarry located in Princeton, British Colombia. Progressive Planet remains the operator of Bromley Creek and currently holds a 20 percent share after completing the latest quarterly installment payment of $31,150 in September 2023.
Progressive Planet President Steve Gurney stated, "Zeolite from Bromley Creek is becoming a larger part of operations quarter by quarter. We remain focused on growing existing zeolite operations, especially in the cement and agriculture industries. The approved 5-year permit allows us to grow zeolite operations through 2028, and we are also exploring increasing the permitted maximum annual extraction of 20,000 tonnes to allow for further growth."
Canadian shares were trading up at $0.135 in afternoon trade.