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International Zeolite Corp V.IZ

Alternate Symbol(s):  IZCFF

International Zeolite Corp. is a vertically integrated industrial minerals company. Its principal business activities are the exploration and development of mineral properties and the development, marketing and sales of industrial commercial products from the production of its properties and the supply of raw materials from third party suppliers. Its segments include exploration and development, and retail and commercial sales. It has a Zeolite project in the Bromley Creek area located near Princeton, British Columbia (the Bromley Creek Zeolite Project). It holds 640.21 hectares of mineral claims leased from the British Columbia government. The Bromley Creek Zeolite Project consists of a total of one mineral lease and four mineral claims. Its products include NEREA and Natural Zeolite. NEREA is a material and method of direct crop and plant agronomy, offering an alternative to the hydroponics technique. Its products have applications in agriculture, industrial and home use.


TSXV:IZ - Post by User

Bullboard Posts
Comment by Slyincalgaryon Apr 11, 2018 10:01am
78 Views
Post# 27865607

RE:Please explain

RE:Please explain Ichanna becomes the distributor for IZ's zeolitic products in India. Much easier to get sales and contracts if you work with an Indian company as your partner as opposed to trying to broker a deal yourself. You have to assume an offtake agreement of that size would be through a couple large companies or the government.

So if you think of it this way, IZ will make money selling the product to Ichanna and then make 55% of the profit when Ichanna sells the zeolite to whoever the offtake agreement is with and others.

By the way, none of the 150k or shares at 38 cents, the shares are held in escrow in a 36 month release period, gets granted until all permits and the Offtake agreement are finalized.

Glta
Bullboard Posts