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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.
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.
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.
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.
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.
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.
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.
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.
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