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Progressive Planet Solutions to Present & Participate in 1x1 Meetings at the Planet MicroCap Showcase: VANCOUVER 2024 in Association with Small Cap Discoveries on Thursday, September 26, 2024

KAMLOOPS, BC / ACCESSWIRE / September 23, 2024 / Progressive Planet Solutions Inc. (TSXV:PLAN)(OTCQB:ASHXF), a manufacturer of products for a healthy planet, announced that it will be presenting and participating in 1x1 meetings at the Planet MicroCap Showcase: VANCOUVER 2024 in association with Small Cap Discoveries on Thursday, September 26, 2024 at 2:00 PM (Local Time -PST). Steve Harpur (CEO of Progressive Planet Solutions) will be hosting the presentation and answering questions at the conclusion.

proactiveinvestors.com

Progressive Planet Solutions sees profits soar in 3Q

Progressive Planet Solutions Inc (TSX-V:PLAN) reported significant financial growth and improved profitability for 3Q 2024, attributed to strategic cost-cutting measures and successful integration of acquisitions. The cleantech company swung to a profit of $348,689, demonstrating a significant improvement compared to the $533,345 loss recorded in the same period last year.

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Progressive Planet advances cement innovation with successful delivery of converted silica

Progressive Planet Solutions Inc (TSX-V:PLAN) has confirmed the successful delivery of 500 grams of converted silica by PyroGenesis Canada Inc. (TSX:PYR, OTCQX:PYRGF) in early February 2024 as part of their cement innovation partnership. With over 90% conversion achieved, Progressive Planet plans to assess the powder's reactivity as a supplementary cementing material (SCM) by producing mortar cubes during the week of March 4, the company said in a statement.

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Progressive Planet sells non-core equipment above market value

Progressive Planet Solutions Inc (TSX-V:PLAN), a leading developer of CleanTech solutions, has finalized the sale of equipment to CarbonIP Technologies Inc. The transaction, which received final approval from the TSX Venture Exchange, entails the sale of Progressive Planet's redundant and unused 1998 Coreco 1225 Thermal Processing Kiln to CarbonIP for a total purchase price of $70,000.

proactiveinvestors.com

Progressive Planet exec leaves role to pursue MBA

Progressive Planet Solutions Inc (TSX-V:PLAN) announced that its vice president of strategy and investor relations Ian Grant has left the company, effective February 13, 2024, as he has returned to school pursuing an MBA. The company thanked Grant for his efforts over the last three years and wished him success with his recent enrollment into the University of Alberta's MBA program.

proactiveinvestors.com

Progressive Planet advances CleanTech agenda with PozGlass pilot plant funding

Progressive Planet Solutions Inc (TSX-V:PLAN) has secured funding from Next Generation Manufacturing Canada (NGen) for the construction of its PozGlass 100G pilot plant. The $370,000 funding from NGen, alongside support from the Minister of Innovation, Science, and Economic Development, marks the inaugural confirmed funding for the PozGlass pilot plant, earmarked for finalizing plant design.

proactiveinvestors.com

Progressive Planet monetizes existing IP with continuing royalty agreement

Progressive Planet Solutions Inc (TSX-V:PLAN) announced that it has signed a royalty agreement with an Ontario-based pet products manufacturer for its cat litter formulations. The company said it will continue to provide its approved formulas related to the sale of traditional cat litter products and in return will receive a royalty equal to 0.75% of the total sales to a large Canadian retailer.

proactiveinvestors.com

Progressive Planet secures grant to support continued IP creation and monetization

Progressive Planet Solutions Inc (TSX-V:PLAN) told investors it continued to create and monetize intellectual property (IP) related to its CleanTech solutions during the fiscal third quarter that ended January 31, 2024. The company announced that, concerning IP under development, it has received financial support of up to $42,504 from Accelerate IP, a program assisting companies in British Columbia, Yukon, the Northwest Territories and Nunavut to access professional IP services.

proactiveinvestors.com

Progressive Planet achieves record revenue for 2Q

Progressive Planet Solutions Inc (TSX-V:PLAN) has reported record quarterly revenues and income from operations for the fiscal second quarter of 2024. The Kamloops, British Columbia-based CleanTech and manufacturing company reported a 3% year-over-year increase in revenue to $5.44 million for the quarter ended October 31, 2023.

proactiveinvestors.com

Progressive Planet says Bromley Creek quarry receives new five-year permit

Progressive Planet Solutions Inc (TSX-V:PLAN) announced that a new five-year permit has been received for the Bromley Creek zeolite quarry in British Columbia in partnership with International Zeolite Corp (IZ). The cleantech and manufacturing firm said it remains the operator of Bromley Creek and currently holds a 20% share after completing the latest quarterly installment payment of $31,150 in September 2023.

proactiveinvestors.com

Progressive Planet cuts costs; focuses on near-term projects

Progressive Planet Solutions Inc (TSX-V:PLAN) announced that as part of its focus on investing in near-term projects, the company terminated its option agreement on the Heffley Creek Metals and Pozzolan property. The cleantech and manufacturing firm said retaining the property required an additional cash payment and there were no short-term prospects of generating cash flow.

proactiveinvestors.com

Progressive Planet launches new natural soil conditioner product

Progressive Planet Solutions Inc (TSX-V:PLAN) announced that it has delivered to market a new, natural soil conditioner, CARBON Ca, to be applied on up to 1,355 acres this fall. The cleantech and manufacturing company said CARBON Ca becomes the second proprietary product developed by Progressive Planet under the CARBON brand, following CARBON PK.

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Progressive Planet boosts gross margin in 1Q fiscal 2024

Progressive Planet Solutions Inc (TSX-V:PLAN) said it increased its gross margin for its base business by 3.1% year-over-year from 23.5% to 26.6% in the first quarter of fiscal 2024. The Kamloops, British Columbia-based CleanTech solutions firm reported revenue of $4.93 million, compared to $5.03 million in the year-ago quarter.

proactiveinvestors.com

Progressive Planet grows FY23 revenue more than five-fold in ‘foundational year'

Progressive Planet Solutions Inc (TSX-V:PLAN) has reported a more than five-fold increase in revenue for its 2023 financial year in what it described as a foundational year in the cleantech solutions company's growth strategy. Revenue for the year to April 30, 2023, increased by 410% to $3.83 million and operating cash flow rose by $3.8 million to $1.61 million generated by operations from $2.19 million used the previous year.

proactiveinvestors.com

Progressive Planet receives big revenue boost from pet brand reorder

Progressive Planet Solutions Inc (TSX-V:PLAN) announced that it has received a confirmed reorder from one of North America's top three big box retailers to continue providing Wundercat cat litter, one of its signature animal products, across British Columbia. The cleantech and manufacturing company said at current reorder rates, it now projects the distribution partnership for British Columbia to add more than $1.2 million in new revenue annually.

proactiveinvestors.com

Progressive Planet finalizes purchase deal with Lafarge Canada

Progressive Planet Solutions Inc (TSX-V:PLAN) announced that it has finalized a purchase agreement in which Lafarge Canada Inc, Canada's largest cement producer, will buy all the PozGlass 100G produced by Progressive Planet 's pilot plant up to a maximum of 3500 metric tonnes per year. The cleantech and manufacturing company said the purchase agreement follows the non-binding memorandum of understanding (MOU) with Lafarge announced March 13, 2023, and allows Progressive Planet to now focus on proving the patent-pending PozGlass technology as a bolt-on solution for existing cement plants in North America and around the globe.

proactiveinvestors.com

Progressive Planet names Steve Gurney as president to lead commercialization phase of cleantech innovations

Progressive Planet, a leading developer of CleanTech solutions for the planet, has appointed Steve Gurney as its new president as the company enters the commercialization phase of its carbon technologies. Gurney, previously president of Progressive Planet Products Inc, brings 33 years of experience in operations, including scaling up production from startup to millions of packaged products annually.

proactiveinvestors.com

Progressive Planet slashes fertilizer use by 50% with new natural fertilizer CARBON PK

Progressive Planet Solutions Inc (TSX-V:PLAN), which develops cleantech solutions, revealed that it had delivered to the market its first proprietary, natural fertilizer under the brand CARBON PK The Kamloops, British Columbia-based company, which provides circular solutions using micronized minerals for the cement and agricultural sectors, said an “initial production run” of its proprietary blend of natural forms of fertilizer inputs and additives has been sold and used on 617 acres in western Canada. The company said CARBON PK was applied at a rate 50% less than the typical rate of conventional chemical fertilizer per acre.

proactiveinvestors.com

Progressive Planet secures repeat order for fertilizer ingredient

Progressive Planet Solutions Inc (TSX-V:PLAN). said it has advanced on its strategy to become a global supplier of natural fertilizers with a re-order for its volcanic-derived fertilizer ingredient from a major North American fertilizer manufacturer.

proactiveinvestors.com

Progressive Planet says cleantech industry leader Randy Gue to join its board

Progressive Planet Solutions Inc (TSX-V:PLAN) has announced that Randy Gue, a “trailblazer” in commercializing recycling innovations, is joining its board as an independent member with immediate effect. A global industry leader in the fields of recycling, reuse, and sustainability, Gue has 32 years of experience with Lafarge North America, where his responsibilities included diverting waste materials, which would otherwise have been sent to landfills, for use in renewable energy.

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