Progressive Planet Solutions Inc (CVE:PLAN) announced Tuesday that it has appointed experienced mining engineer Michal Wypych as the company’s chief operating officer (COO).
In a statement, the Canadian mineral exploration company said Wypych has over 15 years of experience in the mining industry and possesses both a mining engineering degree and an MBA. He has planned and executed large projects and held key roles in project management and mine planning, noted the company. The industry veteran has worked for large multinational mining organizations and also performed contract work for Canada’s largest cement company.
Progressive Planet CEO Steve Harpur revealed that he met Wypych when he was independently conducting testing on supplementary cementing materials and requested samples of zeolite from the company’s Z-1 Zeolite Quarry for testing.
“This initial meeting led to collaboration on testing several supplementary cementing materials and associated contractual work,” said Harpur.
“I am delighted that Mike has agreed to come on as PLAN's COO, where he will start by working two days per week. As PLAN grows, this will become a full-time position. We are very pleased at being able to attract a COO with Mike's experience," he added.
For his part, Wypych said he was inspired to join a “growing organization” whose business objectives aligned with his skill-set and vision.
“PLAN has various opportunities on the horizon which I am excited to support and help transition into long-term growth for the company,” said Wypych, while adding that he intended to focus on “safety, environmental stewardship, and meaningful engagement” with stakeholders in carrying out his new role.
On a separate note, Progressive Planet said it would grant up to 1,040,000 options to insiders and employees of the company, as well as advisory board members, exercisable at a price of $0.06 for a period of two years from the date of the grant.
Progressive Plant is a Canadian-based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia. The company also has a right to earn a 100% interest in the Z2 Zeolite Property near Falkland, British Columbia.
Contact the author Uttara Choudhury at [email protected]
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