Progressive Planet Solutions Inc V.PLAN

FYI Plan's Dealings With SLR

[phantom666]

 Plan's 20% ownership of Thompson Bros. Lithium was brought about when Nova - NVA -ASX agreed to earn 80% of Thompson Bros, by financing all of the option commitments from Strider Resources.

 When SLR asked for Plan's 20%, The agreement has PLAN receiving total consideration of $3,325,000 through a cash payment of $325,000 and the issuance of 12,000,000 common shares in the capital of Snow Lake (the "Snow Lake Shares"), to be issued at a deemed price of $0.25 per common share. In order to complete the remaining option agreement, the company (Plan) will compensate Strider Resources 1,500,000 of the Snow Lake Shares and $325,000 as a cash payment.

Plan ended up with 10.5 million shares. At the time, SLR was going for an IPO listing on the CSE.

Plan sold 10 million shares.

Seed Financing @ $0.25 per unit + $0.30 per 1/2 warrant
then more @ $0.30 per unit + $0.45 per 1/2 warrant

Fast forward to Sept.17th to the AGM where it was approved for consolidation of 5 - 1
because of the decision to list the IPO on the Nasdaq Exchange where minimum share price has to be $4.00.

Plan now holds 100,000 shares of SLR

From the SLR NR released on Friday, the share pricing should be beteen $6.50 to $7.50

Snow Lake Resources was founded in 2018 and plans to list on the Nasdaq under the symbol LITM.

[NoRetire]

Thank you.  Ur da best!!