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Vertical Exploration Inc V.VERT

Alternate Symbol(s):  CVVRF

Vertical Exploration Inc. is a junior mining company with exploration and evaluation assets in Canada. The Company is engaged in identifying, acquiring, and advancing mining prospects located in North America for the benefit of its stakeholders. Its flagship St-Onge Wollastonite property is located over 40 kilometers (km) north of the small town of St-Ludger-de-Milot and some 90 km northwest of the city of Saguenay, in St-Onge township, in the Saguenay-Lac-St-Jean region of Quebec Province. The two Quebec properties held by the Company are in the region surrounding its St-Onge project are the La Petite Riviere Peribonka and Menard Wollastonite claims located just north of Lac-Saint-Jean, consisting of a total of 35 mining titles (1960 hectares) and the Le Grand Etang Block claims, consisting of 11 mining titles (616 hectares). It has an option agreement to earn a 100% interest in four strategic wollastonite properties, including two located near the St-Onge Wollastonite project.


TSXV:VERT - Post by User

Bullboard Posts
Post by RealVertxincon Sep 10, 2020 2:37pm
314 Views
Post# 31534423

NEWS: VERT partner Wollammo to Ramp up Production

NEWS: VERT partner Wollammo to Ramp up Production

 

Vertical partner Wollammo moves to new facility

 

2020-08-31 11:08 ET - News Release

 

Mr. Peter Swistak reports

VERTICAL EXPLORATION'S PARTNER WOLLAMMO MAKES SIGNIFICANT PROGRESS TOWARDS CANADIAN FOOD INSPECTION AGENCY (CFIA) APPROVAL FOR ST-ONGE WOLLASTONITE

Vertical Exploration Inc. has provided a further update regarding registration of its high-quality St-Onge Wollastonite for use as an approved supplement for both the Canadian agricultural and cannabis/hemp industries (see Feb. 11, 2020, press release).

Vertical's distribution partner, Wollammo Distribution Inc., has made significant progress towards registration of Vertical's St-Onge Wollastonite as a supplement under the fertilizer act established by the Canadian Food Inspection Agency (CFIA). Wollammo staff have now moved into a new updated facility in Delta, B.C., that will be used to process, bag and distribute the Wollammo Wollastonite product across North America. Wollammo staff, with the continuing guidance of Niki Nickel, compliance manager, QA, believe the new facility will comply with all required CFIA standards and anticipates moving through to the final inspection stage over the next 60 to 90 days.

Wollammo's compliance data shows that the St-Onge Wollastonite improves soil structure, supports plant growth and improves crop yields which are characteristics defined by CFIA as supplements under the Canadian Fertilizers Act and Regulations. Agriculture Canada Standards have been consolidated into the Safe Foods for Canada Act SOR 2018-108, which also includes related and consequential amendments to Section 88 of the Fertilizer Act and to Section 103 of the CFIA Act. Supplements registered under CFIA are therefore included in the Safe Foods for Canada Act, and can be used for Farm, Lawn and Garden uses.

Peter P. Swistak, president and chief executive officer of Vertical Exploration Inc., commented: "I'm happy to report that, despite the unfortunate delays caused by the ongoing pandemic, our key distribution partner Wollammo has continued to work diligently to seek full approval for Vertical's Wollastonite under the Canadian Fertilizer Act established by CFIA. The Wollammo team has followed all the required pandemic protocols during this test marketing phase and continues to receive significant interest from a range of established cannabis and agricultural producers, confirming our view that the St-Onge Wollastonite has the high quality characteristics that a wide range of companies are looking for in a premium natural supplement."

About Vertical Exploration Inc.

Vertical Exploration's mission is to identify, acquire and advance high-potential mining prospects located in North America for the benefit of its stakeholders. The company's flagship St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the province of Quebec.

We seek Safe Harbor.

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