VANCOUVER, BC, Feb. 25, 2021 /CNW/ - Progressive Planet
Solutions Inc. (TSXV: PLAN) ("PLAN" or the "Company"), is pleased
to announce that it has granted 4,150,000 stock options.
The stock options include 3 million options issued to directors,
officers, and insiders, exercisable at $0.39 per share for 3 years. In addition,
1,150,000 options were issued to consultants and advisers,
exercisable at $0.39 for a period of
2 years. The options have been granted in accordance with the
Company's stock option plan.
ABOUT PROGRESSIVE PLANET
Progressive Planet is an emerging leader in supplying solutions
for a livable planet by developing low carbon, pozzolan-based,
cementing products which replace equivalent amounts of Portland
Cement and fly ash in concrete. The production of Portland Cement
is the second largest global generator of CO2 emissions.
Progressive Planet operates its flagship Z1 Natural Pozzolan
Quarry in Cache Creek, British
Columbia and is earning a 100% interest in the Z2 Natural
Pozzolan Property near Falkland,
BC and earning a 100% interest in the Heffley Creek Metals
and Natural Pozzolan Property. All three properties are within a
one-hour drive of Kamloops, BC, an
industrial hub with rail access to Canadian and US markets.
Forward-Looking Statements:
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Progressive Planet Solutions