KAMLOOPS, BC, Aug. 17,
2022 /CNW/ - Progressive Planet Solutions Inc.
(TSXV: PLAN) ("PLAN", "Progressive Planet" or
the "Company"), a dominant manufacturer of
agricultural, household and industrial products whose pioneering
blue-sky technology turns post-consumer glass into high-performance
cement using CO2 sequestration, is pleased to announce
that it has been approved to commence trading of its common shares
on the OTCQB® Venture Market ("OTCQB"), beginning
today under the ticker symbol ASHXF.
"We are pleased to offer investors yet another avenue for
trading our shares and look forward to increasing the awareness
around our company for U.S. investors," said Stephen Harpur, CEO of PLAN. "We believe that
trading on the OTCQB® can lead to overall enhanced
liquidity and visibility in global capital markets and we're
committed to driving greater investor participation while
facilitating easier trading access."
The OTCQB® is a leading market for early-stage and
developing U.S. and international companies. Recognized as an
established public market by the U.S. Securities and Exchange
Commission, the OTCQB® has helped companies build
considerable shareholder value including enhanced liquidity and
valuation. Investors may benefit from efficient trading through
their preferred broker or financial advisor, transparent pricing
with real-time quotes, and trusted disclosure that is made broadly
available to broker-dealers and market data providers.
The Company's common shares will continue to trade on the TSX
Venture Exchange under the symbol PLAN.
An application with the Depository Trust & Clearing
Corporation (DTCC) is currently pending to further enable the
easier electronic clearing and settlement of the Company's common
shares in the United States.
About Progressive Planet
Progressive Planet is a B2B disruptive tech innovation company
providing circular solutions using micronized minerals for cement
and agricultural sectors. PLAN is developing and producing a
portfolio of proprietary solutions focused on sequestering
CO2 and minimizing the carbon footprint of our
customers.
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
application to the Depositary Trust & Clearing Corporation; the
results of the Company's shares trading on the OTCQB; 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