Mr. Steve Harpur reports

PROGRESSIVE PLANET LAUNCHES NEW SOIL CONDITIONER PRODUCT TO FURTHER REDUCE CHEMICAL FERTILIZER APPLICATION

Progressive Planet Solutions Inc. has delivered to market a new, natural soil conditioner to be applied on up to 1,355 acres this fall. Carbon Ca becomes the second proprietary product developed by Progressive Planet under the Carbon brand, following Carbon PK.

An initial production run of 61 metric tonnes of Carbon Ca has been sold in Western Canada for broad-acre application. With the launch of a fall-application soil conditioner, Progressive Planet is now strategically commercializing a proprietary chemical fertilizer replacement product for both spring and fall applications, with Carbon PK and Carbon Ca, respectively.

Carbon Ca is a trade-secret blend of natural ingredients that adds calcium, carbon (humin), humic acid and fulvic acid to the soil. Calcium is essential for plant health and producing food with higher nutritional values. Carbon (humin), humic acid and fulvic acid are intended to improve the soil's physical attributes and nutrient availability, leading to improved plant productivity and increased residue carbon, which can increase the amount of carbon held in soil organic matter. Initial third party testing of Carbon Ca shows up to 187-per-cent increase in available calcium in a water-soluble form, and the company will look to third parties for support, measurements and validation of carbon sequestration through assessing increases, if any, in both soil organic matter and soil organic carbon.

Progressive Planet is applying to the Organic Materials Review Institute (OMRI) for approval to use Carbon Ca in certified organic operations. The global organic fertilizers market was valued at $11.87-billion (U.S.) in 2022 and is projected to reach $27.48-billion (U.S.) by 2030, growing at a compound annual growth rate (CAGR) of 11.31 per cent from 2023 to 2030.

"The Carbon family of natural fertilizers and soil conditioners is about reducing the carbon footprint of the $60-billion agrochemicals industry with products that rebuild our soils, so they are better able to store carbon and grow food for our rising population," says Ian Grant, Progressive Planet's vice-president of strategy and investor relations.

Mr. Grant added, "We continue to further utilize our owned mineral assets and manufacturing capabilities to offer new solutions to the cement and agriculture industries."

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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