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Progressive Planet Solutions to acquire zeolite mining interest near Falkland, British Columbia

The TSX Venture Exchange said it had accepted documentation of the deal for expedited filing

Zeolite
The vendor is Jeremy Marlow, who will receive a finder’s fee of 50,000 shares, paid in stages on a pro rata basis

Progressive Planet Solutions Inc (CVE:PLAN) is acquiring a 100% stake in a zeolite mining interest near Falkland, British Columbia, and late Thursday, the TSX Venture Exchange revealed it had accepted documentation of the deal for expedited filing. 

The Option Agreement, dated October 3, will see the company pay $26,000, issue 500,000 shares and undertake $200,000 in work expenditures.

READ: Progressive Plant files US Provisional Patent application for "pelleted fertilizer product incorporating biomass as a binder"

The vendor is Jeremy Marlow, who will receive a finder’s fee of 50,000 shares, paid in stages on a pro rata basis. 

Progressive Planet shares closed Thursday at $0.03.

Contact Andrew Kessel at [email protected] 

Follow him on Twitter @andrew_kessel

Quick facts: Progressive Planet Solutions Inc

Price: 0.045 CAD

TSX-V:PLAN
Market: TSX-V
Market Cap: $1.21 m
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