KAMLOOPS, BC, May 9, 2022
/CNW/ - Progressive Planet Solutions Inc. (TSXV: PLAN)
("PLAN", "Progressive Planet" or the
"Company"), a disruptive innovator for cement and
agriculture, is pleased to announce the promotion of Ian Grant to Chief Operating Officer.
The promotion of Mr. Grant comes on the heels of the Company
completing its successful acquisition and integration with
Absorbent Products Ltd. and its expansion of regenerative
fertilizer operations. The Company is also pleased to announce
that, effective May 2, 2022,
Absorbent Products Ltd has changed its name to Progressive Planet
Products Inc, with a brand transformation rolling out over the next
few months that will bring exciting new opportunities for
growth.
Previously serving as Vice President of Business Development,
Grant brings years of leadership and industry experience to the COO
position driving commercialization of PLAN's initiatives in the
low-carbon cement and regenerative fertilizer industries while
collaborating with executive team members.
In his new role, Mr. Grant will work closely with CEO
Steve Harpur to oversee operations
and development of its micronized mineral technologies in addition
to supporting the growth of the Company's current lines of
business. Grant has relocated his family to Kamloops, with Kamloops being the new joint head office for
PLAN and Progressive Planet Products Inc.
Executing on the Company's growth plan, Grant will be leading
the shutdown of the seasonal regenerative fertilizer pilot plant in
Spallumcheen, BC, moving key equipment to expand the full
commercial plant in Kamloops,
BC.
"Ian is knowledgeable and an effective leader – key attributes
that I value and need in a COO as we continue to build toward the
future," said Steve Harpur, CEO of
PLAN. "He's played a central role in growing client relationships
and navigating a changing marketplace that fully embraces
sustainable innovation. We're excited and fortunate to have Ian
step into this expanded role."
"Progressive Planet is loaded with a professional team that
represents a new era of innovation and environmental science
tailor-made for the low-carbon economy,' said Ian Grant. "I look forward to driving adoption
of the Company's low-carbon cement and regenerative fertilizer
products."
About Progressive Planet
Progressive Planet is a
disruptive tech innovation company providing circular solutions and
earth-friendly micronized minerals that naturally unlock
sustainability benefits across the cement and agriculture sectors.
PLAN is developing and producing a portfolio of proprietary
solutions focused on sequestering CO2 and minimizing carbon
footprints to help our customers build, grow and operate more
responsibly.
Neither the 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.
Forward-Looking Statements:
This news release contains
forward-looking information within the meaning of Canadian
securities laws. Although the Company believes that such
information is reasonable, it can give no assurance that such
expectations will prove to be correct.
Forward looking information is typically identified by such
words as "believe," "expect," "anticipate," "intend," and similar
expressions, or are those that, by their nature, refer to future
events. The Company cautions investors that any forward-looking
information provided by the Company are not guarantees of future
results or performance, and that actual results may differ
materially from those in forward looking information as a result of
various factors, including but not limited to: the Company's
ability to complete the acquisition as described; the Company's
ability to complete the proposed private placement; the general
state of the industry in which the Company operates; the state of
financial markets generally; and other risks and factors that the
Company is not aware of at this time.
SOURCE Progressive Planet Solutions