viewProgressive Planet Solutions Inc

Progressive Planet Solutions secures processing and product development facilities in Vernon, British Columbia

The company said the newly procured facility will be used to

Zeolite is a naturally occurring mineral found in volcanic ash

Progressive Planet Solutions Inc (CVE:PLAN) announced Thursday that it has secured facilities to screen and bag zeolite sourced from its Z-1 zeolite quarry for sale into the Canadian marketplace.

The company also announced it will open its Advanced Materials Centre product development lab at the same site.

Zeolite is a naturally occurring mineral found in volcanic ash. 

The Advanced Materials Centre will be equipped with special equipment used to create various blends of concrete which utilize zeolite and other additives.

The firm said much of the equipment has been procured, including equipment which produces nano and microparticles of zeolite.

"We are very pleased with the location, the buildings and office structure," said chief executive officer, Stephen Harpur.

"All the necessary power is in place and additional processing equipment is being procured and will be installed on delivery".

The plant consists of two large "tension fabric" structures that have been erected near an adjacent building that will house the Advanced Materials Centre.

The company said the structures were erected in August and power installation was completed in early September. The Advanced Materials Centre is expected to be fully equipped by the end of October 2018.

Shares of Progressive Planet were flat at 0.05 on Thursday.

Quick facts: Progressive Planet Solutions Inc

Price: 0.08 CAD

Market: TSX-V
Market Cap: $2.69 m

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