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Progressive Planet Solutions Inc V.PLAN

Alternate Symbol(s):  ASHXF

Progressive Planet Solutions Inc. is a Canada-based manufacturing company. The Company is focused on developing critical low-carbon and carbon sequestering solutions using its owned mineral assets and recycled materials to create planet-friendly products, which are being developed at its C-Quester Centre of Sustainable Solutions for the cement, agricultural and animal care industries. The Company’s product lines include patented and patent pending products which are developed using naturally occurring minerals and the urban mining of recycled materials. Its products are available in over 10,000 retail stores across North America. It focuses on reducing the carbon footprint of the global cement industry by developing sustainable alternatives to traditional cement. Its mineral based products include Activated Barn Fresh, Can Blast Abrasives, CAN DRY, Fresh Coop Odour Control and Red Lake Earth, among others. Its operating mines include Red Lake Mine and Bud Bentonite Clay Mine.


TSXV:PLAN - Post by User

Progressive Planet Solutions Inc
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Post by 15Stanmoreon Aug 10, 2022 10:54am
133 Views
Post# 34884727

Exercise of $0.15 warrants

Exercise of $0.15 warrantsNew SEDI report shows Mr. Richardson exercising 1 million $0.15 warrants to add to his current holdings to now hold 23.8 million common shares or just over 27% of teh Company. My guess is that he does not intend to sell these newly acquired shares at the current $0.25 per share market price, but will instead be held long term to enjoy the expected rapid growth of the Companys after the acquisition of APL.

While it would be wonderful to be able to purchase PLAN shares at $0.15, being able to buy at under $0.25 still looks to be a great entry point IMHO.

Cheers,

S.
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