International Zeolite Corp V.IZ

Alternate Symbol(s): IZCFF

International Zeolite Corp. is a Canada-based minerals company. The Company is focused on exploration and development of mineral properties. The Company is also focused on 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. The Company operates through two reporting segments, which are the exploration and development segment, and the retail and commercial sales segment. Its products include NEREA and Natural Zeolite. NEREA is a revolution in agriculture, which is used as a base for growing crops. It has various applications across industries, including agriculture and industries. Its application in agriculture includes odour control, soil amendment, animal feed and water treatment & filtration. Its application within the industrial industry includes waste remediation, water filtration & treatment, artificial turf infill, traction control and construction.

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International Zeolite Corp > Financials make no sense

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Comment by phantom666on Jun 08, 2023 3:32pm

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Post# 35487107

RE:Financials make no sense

From Aug/22, 20 quarterly payments of $31,150.312 from PLAN for 50% of Bromley Creek Zeolite Deposit Claims.

The amended agreement outlines the payment details for the 50% interest for $725,000. $101,933.76 has already been paid to International Zeolite, with PLAN now holding a 7.03% interest in the Bromley Creek zeolite deposit, located in British Columbia. The remaining $623,006.24 is payable in 20 equal quarterly installments to March 2027, for the remaining 42.97% interest. In addition, International Zeolite will receive a net royalty payment of $4.50 per metric tonne of product mined and removed from the mine.

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