International Zeolite Corp IZCFF

Primary Symbol: V.IZ

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.

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International Zeolite Corp

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Post by phantom666on Nov 12, 2024 10:35am

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On January 2, 2024, the Company signed a loan agreement with Royal Bank to refinance the CEBA loan.($40,000) The term loan is subject to an interest rate of 2.34% plus Prime Rate for a maximum period of 5 years. The Company is required to make a payment of $841 at the end of each month for 60 months, starting from February 25, 2024. As at June 30, 2024, the Company paid a total of $4,205 (2023- $nil) on this loan.

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