VANCOUVER, BC, May 13, 2021 /CNW/ - Progressive Planet Solutions
Inc. (TSXV: PLAN) ("PLAN" or the "Company"), reports the
appointment of Mr. Chris
Halsey-Brandt, CPA, CA, CBV as CFO of the Company, replacing
Mr. David Cross, CPA, CGA. The
Company thanks Mr. Cross for his tenure as CFO since
2018.
Chris is both a Chartered Professional Accountant (CPA) and a
Chartered Business Valuator (CBV). Chris currently owns and
operates a successful food processing business. Prior to becoming
an entrepreneur, Chris was a Partner at Blair Mackay Mynett
Valuations Inc., a leading Vancouver-based business valuation firm.
During his time at BMM, Chris specialized in the valuation of
public and private companies. Chris obtained his CPA designation
while articling at PricewaterhouseCoopers LLP in Vancouver.
"I would like to thank Dave Cross
for his multiple years as CFO of PLAN. During his tenure, the
company grew its pozzolan assets and started producing mineral
powders. Dave was always accessible and consistently had our
financial filings filed in a timely manner. As the Company grows,
the CFO position is becoming more time consuming and we welcome
Chris into this role," stated Steve
Harpur, CEO.
"Chris' experience in valuing businesses will be a key tool as
PLAN seeks to grow in the future both organically and through
evaluating opportunities to acquire operational pozzolan businesses
that include both pozzolan reserves and cash flow. Chris was
already involved with PLAN through our Advisory Board and now that
Chris is our CFO, he has resigned as an Advisory Board Member,"
stated Harpur.
To ensure an orderly transition, Mr. Cross will be retained in a
consultancy role until August 1,
2021.
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