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International Zeolite Enters an Amended and Restated Mining Operations and Option Agreement

International Zeolite Enters an Amended and Restated Mining Operations and Option Agreement

国际沸石公司签订修订后的矿业运营和选择协议。
newsfile ·  06/03 09:00

Vancouver, British Columbia--(Newsfile Corp. - June 3, 2024) - International Zeolite Corp. (TSXV: IZ) (OTC Pink: IZCFF) (FSE: ZEON) (the "Company"), is pleased to announce the Company and Progressive Planet (PP) have entered into a new Amended and Restated Mining Operations and Option Agreement. PP is currently making payments of $31,000 per quarter to increase its Bromley Creek Zeolite Mine ownership. The new Agreements involves PP making two final quarterly payments. Relatedly, International Zeolite and PP have agreed to terminate their option agreement for the Sun Group Zeolite Mineral Claims. PP's existing 2.5% ownership in the Sun Group will be converted to an incremental 2.5% ownership in Bromley Creek. After making the two final quarterly payments required on the Bromley Creek Mine and the transfer of the 2.5%, PP will have a stake of 31% of the Bromley Creek Mine. Progressive Planet will remain the operator of the Bromley Creek Mine.

温哥华,英属哥伦比亚省—(新闻稿 - 2024年6月3日) - 国际沸石公司.(tsxv: IZ)( OTC Pink: IZCFF)( FSE: ZEON ) (以下简称“公司”)很高兴宣布公司和Progressive Planet(PP)已经签署了一份新的修订挖掘运营和选项协议。 PP目前每季度支付31,000美元的费用以增加其Bromley Creek沸石矿业的所有权。新协议包括PP支付两个季度的最后付款。相关地,国际沸石和PP已经同意终止其在Sun Group沸石矿产权的选项协议。 PP在Sun Group的现有2.5%所有权将转换为Bromley Creek新增2.5%的所有权。在支付Bromley Creek矿井的两个最终季度的款项和2.5%的转让之后,PP将拥有Bromley Creek矿井31%的股份。Progressive Planet将继续作为Bromley Creek矿井的运营商。

"Bromley Creek Mine is a superb zeolite source, and we have no intention of selling or reducing our current 31% interest," said Steve Harpur, CEO PP. Under the terms of the amended agreement International Zeolite and PP have agreed to meet regularly to determine sales strategy and identify potential customers.

“ Bromley Creek Mine是一种绝佳的沸石来源,我们没有出售或减少当前的31%股权的意图,” Steve Harpur首席执行官PP说。 根据修订协议的条款,国际沸石和PP已经同意定期会面,以确定销售策略并确定潜在客户。

Ray Paquette, CEO International Zeolite states, "resuming a 100% ownership in the Company's Sun Group Mineral Claims represents a tremendous opportunity for future development."

Ray Paquette,国际沸石首席执行官表示:“恢复公司Sun Group矿权的100%所有权,代表了未来发展的巨大机会。”

About International Zeolite Corp.

关于国际沸石公司。

International Zeolite Corp. is committed to creating sustainable solutions for agriculture, industry, and consumers.

国际沸石公司致力于为农业,工业和消费者创造可持续解决方案。

On Behalf of the Board
"Ray Paquette"
CEO
604.684.3301

董事会代表
“Ray Paquette”
首席执行官
604.684.3301

For further information, please visit
For Investor Inquiries info@internationalzeolite.com

有关更多信息,请访问
有关投资者查询,请发送电子邮件至info@internationalzeolite.com

Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the ability to complete contemplated work programs and the timing and amount of expenditures. International Zeolite does not assume the obligation to update any forward-looking statement. Neither 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.

本新闻稿中的某些声明包含前瞻性信息。这些声明包括但不限于针对未来支出的声明。这些声明涉及未来事件和条件,因此涉及已知和未知的风险,不确定性和其他因素,这些因素可能导致实际结果,表现或成就与任何未来结果,表现或成就所表达或暗示的不同。此类因素包括但不限于完成计划工作方案的能力以及支出的时间和金额。国际沸石不承担任何更新前瞻性声明的义务。. TSX创业公司交易所及其监管服务提供方(该术语定义在TSX创业公司政策中)不对此发布的充分性或准确性承担任何责任。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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