Mr. Steve Harpur reports

PROGRESSIVE PLANET ANNOUNCES NEW TARGET FILING DATE

Progressive Planet Solutions Inc. has set a new target filing date for the audited consolidated financial statements and related management's discussion and analysis for the fiscal year ended April 30, 2023. Due to wildfires in the area disrupting the financial close and reporting process, the finalization of the company's continuous disclosure documents has been delayed. Progressive Planet intends to file its annual audited consolidated financial statements and related MD&A on or before Friday, Sept. 1, 2023.

"Our thoughts are with the people adversely affected by the wildfires in [British Columbia], and we are thankful for those working tirelessly to keep people safe," said Progressive Planet chief executive officer Steve Harpur.

Added Mr. Harpur, "With the situation now improved, we also wish to inform our investors that the fires did not impact our mining or manufacturing operations."

Progressive Planet provides regular information for investors on its website. This includes press releases and other information about financial performance, patents filed and information on corporate governance.

About Progressive Planet Solutions Inc.

Progressive Planet is a cleantech and manufacturing company with proven product lines based in Kamloops, B.C. Its expertise lies in developing critical low-carbon and carbon sequestering solutions using its owned mineral assets and recycled materials to create planet-friendly products that fight climate change and protect the planet's health.

Its products are in 10,000-plus retail stores across North America. Its innovations, created at its C-Quester Centre of Sustainable Innovation, bring positive disruption to the cement, agricultural and animal care sectors by creating products that help reduce carbon footprints and restore ecosystems.

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