03:58:59 EDT Tue 28 Mar 2023
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or Name

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Progressive Planet Solutions Inc (2)
Symbol PLAN
Shares Issued 100,011,151
Close 2023-01-27 C$ 0.26
Recent Sedar Documents

Progressive Planet hires Independent as market-maker

2023-01-27 16:32 ET - News Release

Mr. Steve Harpur reports


Progressive Planet Solutions Inc., subject to regulatory approval, has engaged the services of Independent Trading Group to provide market-making services in accordance with TSX Venture Exchange policies. ITG will trade shares of the company on the TSX-V and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the company's common shares.

Under the agreement, ITG will receive compensation of $7,000 per month, payable monthly in advance. The agreement is for an initial term of three months effective Sept. 13, 2022, and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days notice. There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation. ITG and the company are unrelated and unaffiliated entities, and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the company.

Additionally, Progressive Planet's board of directors has granted a total of 150,000 stock options to an insider of the company, exercisable at 24.5 cents for a period of three years. All options were granted in accordance with the company's stock option plan.

Progressive Planet Solutions 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.

Headquartered in Kamloops, B.C., the company is an established manufacturing and innovation company that is engaged in the research, design, development, manufacture, integration and sustainment of advanced absorbents, regenerative fertilizers, other farm products and ecofriendly cement products. The company is a group of passionate people who use disruptive innovation to have a positive effect on the environment by producing products to live, farm and build, better.

We seek Safe Harbor.

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