VANCOUVER, BC, Dec. 23, 2020 /CNW/ - Progressive Planet
Solutions Inc. (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 engaged The Howard Group Inc. (The Howard
Group) as its investor relations communications advisor to direct
both traditional and online initiatives targeting the investment
community and retail investing groups.
The Agreement is for one-year commencing December 22, 2020. The total remuneration payable
to The Howard Group will be $87,000
plus GST. In addition, The Howard Group will be granted options
under PLAN's incentive stock option plan to acquire five hundred
thousand (500,000) common shares of the Company with the exercise
price equal to the closing price of PLAN's shares on December 23, 2020 or $0.10 per share, whichever is greater. These
options have a term of three years and will vest quarterly over the
one-year term.
The Howard Group Inc. is based out of Calgary, AB and its sole principal is
Grant Howard. Neither the
Howard Group or Grant Howard
currently own any securities of Progressive Planet. The Howard
Group intends to invest in 350,000 units of the hard dollar private
placement announced by PLAN on December 21,
2020 for a total of $35,000.
The Agreement is subject to the approval of the TSX Venture
Exchange.
Since 1988, The Howard Group has provided comprehensive investor
outreach and capital markets programs, financing assistance,
business development solutions and strategic planning to public
companies.
In addition, The Howard Group will be providing an ongoing
commentary on Progressive Planet's activities through its "Insight"
blog. Interested parties are encouraged to subscribe to the
commentary feed:
https://howardgroupinc.com/howard-group-blog/.
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
Cache Creek, BC and is earning an
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