Vancouver, British Columbia (FSCwire) - Canadian Zeolite
Corp. (the “Company”) (TSX.V: CNZ) (OTCQB: CNZCF) (FSE: ZEON), an international marketer and
distributor of zeolite products, is pleased to announce that Stephen Coates, President of the recently acquired subsidiary Earth
Innovations Inc. (“EII”), has agreed to continue his leadership of the retail and industrial/commercial business of EII.
Further, EII has posted interim sales of over $213,000 (unaudited) for the period between the effective date of acquisition and
closing of the transaction (Sept 30, 2017 and Dec 11, 2017).
Canadian Zeolite Corp. and Earth Innovations Inc. have started the process of vertically integrating the two
businesses to better serve current customers and grow the retail, commercial, industrial and agricultural markets for zeolite
products. The recent acquisition of EII expands the Company’s ability to distribute high quality zeolite and zeolite products
from mine site to store shelf. As the company moves into 2018, the focus will be on product development and to grow the Company’s
wholesale and retail businesses.
“We are so excited about the synergies and opportunities in front of the Company. Having recently completed
three days of meetings following the closing of the acquisition, it is very clear that financial resources and the portfolio of
zeolite research of Canadian Zeolite Corp. will be formidable in supporting the product development, marketing and sales of Earth
Innovations’ products and to better service and support our growing customers and distribution partners across North America”,
said Ray Paquette, CEO, Canadian Zeolite Corp.
“We are very pleased with the initial order book for both ecoTraction and ecoTractionPRO in the current winter
season,” stated Stephen Coates, President of Earth Innovations Inc. He continued, “The relationship between our two companies
over the past few years is paying off entirely to the benefit of shareholders of Canadian Zeolite, which now includes the former
shareholders of Earth Innovations”.
In working to continue to better serve our customer base, the Company is pleased to announce it has recently
expanded its North American warehousing and distribution network with the addition of warehousing in the state of Utah.
On Behalf of the Board
“Ray Paquette”
President & CEO
604.684.3301
www.canadianzeolite.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Some statements in this news release contain forward-looking information. These statements include, but are not limited
to, statements with respect to future expenditures. These statements address future events and conditions and, as such, involve
known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be
materially different from any future results, performance or achievements expressed or implied by the statements. Such factors
include, among others, the ability to complete contemplated work programs and the timing and amount of expenditures. Canadian
Zeolite does not assume the obligation to update any forward-looking statement.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/CanadianZeolite12142017.pdf
Source: Canadian Zeolite Corp. (TSX Venture:CNZ, OTCQB:CNZCF, FWB:ZEON)
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