22:14:33 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Clean Commodities Corp
Symbol CLE
Shares Issued 74,168,845
Close 2017-07-06 C$ 0.05
Market Cap C$ 3,708,442
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Clean Commodities acquires Ogilvie project

2017-07-07 09:04 ET - News Release

Mr. Ryan Kalt reports

CLEAN COMMODITIES CORP. ANNOUNCES ZEOLITE ACQUISITION; EAST COAST ZEOLITE MARKET CONSOLIDATION STRATEGY

Clean Commodities Corp. has acquired the Ogilvie quarry zeolite project located in Nova Scotia, Canada. It has also announced its subsequent zeolite acquisition strategy.

"The Ogilvie quarry zeolite project represents our inaugural acquisition into a commodity which we believe offers significant growth potential for agricultural and cleantech opportunities.

"We have reviewed the recent domestic incumbents and concluded that their interior British Columbia market model ignores the practical reality of the historic association of zeolites to aggregate and thus the criticality of focusing on zeolite projects and zeolite deposits close to end-consumers. By engaging a first-mover strategy to secure the East Coast zeolite market, we believe that Clean Commodities Corp. is well positioned to access a larger population base and superior manufacturing market with unmatched growth attributes.

"Furthermore, Nova Scotia's zeolites have historically attracted global attention. As a consolidator within the zeolite market, Clean Commodities is pleased to commence our zeolite strategy by way of the acquisition of the Ogilvie quarry zeolite project. It is our intention to rapidly scale our zeolite asset base, zeolite exploration and zeolite marketing efforts. Zeolites are well suited to our platform and offer excellent scale potential. We are very excited to provide further near-term updates as it concerns the potential of our Nova Scotia zeolite project, our broader zeolite exploration plans and our future zeolite acquisition activities," stated Ryan Kalt, chief executive officer of the corporation.

About the Ogilvie quarry zeolite project

The Ogilvie quarry zeolite project consists of four contiguous mineral claims containing 16 historic drill holes by C2C Mining Corp. The project area was originally identified by Ian Booth in the 1990s, prior to emergence of potential new agricultural markets. Historic exploration identified a high cation exchange capacity (CEC) zeolite prospect. Zeolite-infilled amygdule volumes were reported by the past operator.

Interested parties are encouraged to review the applicable, publicly filed, third party assessment report made available by the government of Nova Scotia on the Ogilvie quarry tenure and accessible by courtesy of the company's website.

The Ogilvie quarry zeolite project was acquired by the corporation through an arm's-length exploration services company at a cost equating tenure plus a 3-per-cent production royalty.

The corporation cautions that any historic work or estimates associated with the Ogilvie quarry tenure should not be relied upon.

About Clean Commodities Corp.

Clean Commodities is an exploration company involved in a diverse portfolio of clean commodity assets including uranium, lithium and cobalt projects.

We seek Safe Harbor.

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