/NOT FOR DISTRIBUTION IN THE Usa/
KAMLOOPS, BC, Feb. 21, 2023 /CNW/ – Progressive World (TSXV: Approach) (OTCQB: ASHXF) (“Progressive World”, “Prepare”, or the “Firm”), a strategic partner and investee enterprise with ZS2 Technologies (“ZS2”), would like to increase its congratulations to ZS2 for getting awarded a $2.6 million grant to produce direct air capture engineering.
On February 16, 2022, Sustainable Development and Technological know-how Canada (“SDTC”), a federal Crown company, declared that ZS2 Systems experienced been awarded the grant to build immediate air seize technologies. ZS2’s ground-breaking work will involve forever taking away CO2 from the ambiance and incorporating it into superior-general performance cement making materials.
Plan experienced beforehand declared a offer arrangement with ZS2 to deliver 24 tonnes of PozGlass™ SCM and PozZeo™ SCM to ZS2 about a twelve-thirty day period time period, with an expected month-to-month offer of about two tonnes. Nevertheless, Strategy has now obtained a obtain buy and will be transport a entire truck of PozZeo, totalling 26 tonnes, to ZS2’s new pilot plant in Calgary this 7 days. PozZeo is made from fines established throughout the generation of the Firm’s Z-Lite® Feed Additive.
“Our value proposition when we ordered the Kamloops-dependent small business with a 30-12 months monitor report was to leverage the obtained business’s in-household manufacturing abilities, established products line, revenues, and distribution community that would speed up the enlargement of our proprietary technologies in the cement and chemical fertilizer alternative sectors. When we aim on rising the legacy business enterprise, we will continue on to produce new marketplaces for mineral powders as we focus on developing our legacy enterprise,” states Steve Harpur, President and CEO of Plan.
“Our ongoing collaboration with Progressive Planet to speed up the progress and commercialization of sustainable, resilient and charge-productive constructing systems is heading to accelerate with the assist from SDTC” commented Scott Jenkins, ZS2 CEO. “The recognition and assistance from SDTC is further validation, along with our recognition from X-Prize as a Milestone Finalist, that our technologies, which consist of substantial-functionality materials from Progressive World, are actually foremost edge.”
Prepare provides normal info for investors on its web page: progressiveplanet.com/traders/. This involves press releases and other info about economical overall performance, patents submitted, and details on company governance.
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About Progressive World:
We are a properly-founded manufacturing and innovation enterprise dependent in Kamloops, British Columbia. Our skills lies in the exploration, style, growth, manufacturing, integration, and sustainment of slicing-edge absorbent items, animal agriculture products and solutions, regenerative fertilizer products, and environmentally friendly cement merchandise. Our staff is driven by a enthusiasm for making optimistic environmental effects as a result of disruptive innovation, and we are dedicated to manufacturing merchandise that aid men and women “stay, increase, and create greater.”
About ZS2 Technologies
ZS2 Systems Ltd. develops and manufactures proprietary advanced developing technologies including fire-rated, non-harmful, minimal-carbon cementitious setting up components and prefabricated structural panels. ZS2 provides large-overall performance developing remedies for the household, professional, industrial, agriculture, healthcare and assisted living industries in Canada and the United States both immediately and by a developing community of TechPartners (distribution companions).
Specified statements in this launch are forward-seeking statements, which replicate the expectations of management concerning the matters described herein. Forward-on the lookout statements consist of statements that are not purely historic, such as any statements pertaining to beliefs, ideas, expectations, or intentions about the future. This sort of statements are topic to pitfalls and uncertainties that may possibly lead to genuine benefits, performance, or developments to differ materially from these contained in the statements. No assurance can be provided that any of the functions predicted by the ahead-hunting statements will come about or, if they do happen, what advantages the Organization will attain from them. These forward-searching statements mirror management’s present-day sights and are based mostly on selected expectations, estimates and assumptions which could prove to be incorrect. A range of threats and uncertainties could bring about our real final results to vary materially from those expressed or implied by the forward-seeking statements, like variables past the Firm’s manage. These forward-hunting statements are created as of the day of this news launch.
This information launch, expected by Canadian legislation, does not constitute an provide of securities and is not for distribution or dissemination outside Canada.
Resource Progressive Planet Solutions
For additional details: or investor relations inquiries, you should make contact with: Steve Harpur, President & CEO, 1 (800) 910-3072, [email protected]