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.
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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.
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