Progressive Planet is an emerging leader in creating solutions for a livable planet by developing low carbon, pozzolan-based cementing products with the potential to replace equivalent amounts of Portland Cement and fly ash in concrete. We’re doing this because the production of Portland Cement is the second largest global generator of CO2 emissions.
1. CONCRETE SOLUTIONS FOR A BETTER PLANET
Decarbonizing the Production of Cement Products
March, 2021
2. FORWARD LOOKING STATEMENTS
This corporate presentation constitutes “forward-looking statements.” within the meaning of applicable Canadian securities laws. Forward-looking
statements can be identified by the use of the words such as “anticipates,” or “believes,” “budget,” “estimates,” “expects,” or “is expected,” “forecasts,”
“intends,” “plans,” “scheduled,” or variations of such words and phrases or state that certain actions, events or results “could,” “may,” “might,” “will,” “would,”
or be taken, occur or be achieved. These forward-looking statements relate to, among other things, our future results, levels of activity, performance, goals
or achievements or other future events. These forward-looking statements are based on current expectations and various assumptions and analyses made
by us in light of our experience and our perceptions of historical trends, current conditions and expected future developments and other factors we
believe are appropriate in the circumstances. These forward-looking statements involve known and unknown risks, uncertainties and other factors that
may cause actual results or events to differ materially from those anticipated in our forward-looking statements.
These factors may cause our actual performance and financial results in future periods to differ materially from any estimates or projections of future
performance or results expressed or implied by such forward-looking statements. Forward-looking statements do not take into account the effect that
transactions or non-recurring or other special items announced or occurring after the statements are made have on our business. For example, they do
not include the effect of asset impairments or other changes announced or occurring after the forward-looking statements are made.
The financial impact of such transactions and non-recurring and other special items can be complex and necessarily depends on the facts particular to
each of them.
We believe the expectations represented by our forward-looking statements are reasonable, yet there can be no assurance that such expectations will
prove to be correct. The purpose of the forward-looking statements is to provide the reader with a description of management’s expectations regarding
our anticipated financial performance and may not be appropriate for other purposes. Furthermore, unless otherwise stated, the forward- looking
statements contained in this report are made as of the date of this report and we do not undertake any obligation to update publicly or to revise any of the
included forward-looking statements, whether as a result of new information, future events or otherwise unless required by applicable legislation or
regulation. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.
3. 'Cement production is the 2nd largest emitter of greenhouse gases.
We can no longer simply reduce our CO₂ emissions. We need to also
capture and sequester this excess CO₂. The most promising
opportunities to do both revolve around cement'
- Stephen Harpur, CEO
4. Raised $2 million to commercialize
proprietary technology - PozGlass SCM
World-class development team of Ph.D.'s
and Engineers
Team engaged in multiple clean technology
initiatives
3 pozzolan properties for decades of supply
Roll-up potential - profitable pozzolan
companies, leverage existing cashflow with
new cement market potential
Large insider ownership ~ 50%
INVESTMENT
HIGHLIGHTS
5. Progressive Planet is an
emerging leader in developing
new technologies to
dramatically reduce the carbon
footprint in cement products
WHO WE ARE
6. Portland Cement is the most
commonly used cement
When limestone is heated to 1,000C,
approximately half its weight is off-
gassed as CO₂
Cement production is the 2nd biggest
annual greenhouse gas emitter
PORTLAND
CEMENT
7. Supplementary Cementitious Materials (SCMs) replace portions of cement (often 20%) to improve
performance and reduce CO₂ emissions of concrete
The most common SCM in North America is fly ash (a by-product of burning coal)
HIGH CARBON FOOTPRINT OF PORTLAND CEMENT
Portland
Cement
High energy due to
hard rock
High energy due to
hard rock
44% of limestone
weight is off-gassed
as CO₂ + fuel to reach
1450C
QUARRYING GRINDING CALCINATION
8. Fly ash has very small particles which
makes concrete highly dense
Fly ash concrete is resistant to acid
and sulphate attacks
Fly ash is a by-product of burning coal
Natural pozzolan does everything
that fly ash does, but better
FLY ASH:
The disappearing
cement material in
North America
9. not create huge amounts of
greenhouse gasses
use readily available materials
recycle materials destined for
landfill
use materials with embedded
energy versus new energy
The replacement should:
WITH FLY ASH
GONE, WHAT WILL
REPLACE IT?
10. PozGlass combines natural pozzolan with recycled post-consumer glass
Over 60% of post-consumer glass currently goes to landfill
PLAN can divert this glass from landfills, while receiving tip fees
Flagship plant planned for BC, then expansion to Pacific Northwest and beyond
POZGLASS™ SCM
11. Glass is made by heating silica sand to 1,760
celsius
Most glass containers are used only once
before being disposed
Glass recycling delivers 0.1 tonne of
carbon offset/tonne recycled
Replacing Portland Cement with PozGlass™
SCM delivers nearly 1.0 tonne of carbon
offset/tonne recycled glass
HIGHEST-VALUE REUSE
OF GLASS
12. The Pantheon in Rome is made from pozzolan
and is over 900 years old and has no rebar
It results from rapid cooling of volcanic ash
It has high chemical reactivity, higher than
fly ash
It is resistant to acid and sulphate attacks
WHY NATURAL POZZOLAN?
13. Natural pozzolans do everything fly ash does, but
better
They exhibit better-cementing behaviour than fly
ash with a smaller CO₂ emissions footprint
Minimal energy is required to mine and mill
(communition) natural pozzolan to make it
cementitious, vs. roasting fly ash and cement
NATURAL POZZOLANS
14. STRONGER AND BETTER THAN CONVENTIONAL
ALTERNATIVES
ASTM C618 testing of our natural pozzolan, steel slag, and commercially available fly ash
Both natural pozzolan and
ground glass have
superior compressive
strength to fly ash as
seen from testing
15. Developing Intellectual Property for PozGlass
SCM to replace 20% or more of portland
cement in concrete
C&CS Atlantic (Dr. Michael Thomas) to
complete testing of PozGlass
Dr. Thomas is an award-winning pozzolan
expert
Anticipated completion of testing of PozGlass:
Phase I - Q2 2021
Phase II - Q3 2021
DEVELOPMENT PROGRESS
16. PozGlass™ SCM: Better performing replacement for fly
ash in concrete
C-Quester™ Cellular Concrete: Under development with
objective of permanent CO₂ sequester in cellular concrete
as limestone
PRODUCT DEVELOPMENT
17. Located in British Columbia
Generating revenue by grinding soft rock
phosphates
3rd upgrade underway to increase hourly
throughput by 400% in March 2021
Backlog of orders from existing customers
Strong growth potential to expand this
business line at new PozGlass SCM plant
COMMINUTION PILOT
PLANT
18. Potential to utilize waste-heat from
existing industrial processes
Creating win-win with local First Nations
Proximity to supply of materials
Selection process for flagship location
underway. Location factors include:
Flagship location to be finalized in Q2 2021
FULL SCALE PLANT
(PozGlass SCM)
19. First plant location in BC designed to
replicate in target growth regions
Expansion opportunities in
Washington/Oregon, California/Nevada,
Kansas/Nebraska, Ontario, and Eastern
Canada
Regions show shortage of SCM supply per
industry data
POZGLASS EXPANSION
Ontario Expansion
Kansas/Nebraska
Expansion
California/Nevada
Expansion
Pacific Northwest
Expansion
Flagship Plant
Eastern Canada
Expansion
20. Fly ash supplier costs are increasing
Collection of fly ash from flue stacks ends by 2029
Rapid shutdowns underway now
Future fly ash = increased costs as requires
excavation from waste dumps, drying, and regrinding
PozGlass SCM reuses local glass as local cement
Circular economy
Receive tip fee to divert glass from landfill
Receive carbon credits
PozGlass outperforms fly ash in third-party testing
Ground glass & natural pozzolan accepted by CSA &
ASTM standards
VALUE
PROPOSITION
21. In house team + Scientific Advisors
developing a method to sequester CO₂ in
Cellular Concrete at InnoTech Alberta
Characteristics of cellular concrete
amenable to large-scale carbon
sequestration
PLAN in discussions to secure industry
partners to complete development &
commercialize
C-QUESTER™ INNOVATION
22. 2021
Completing testing of PozGlass SCM
with C&CS Atlantic Inc.
Appointed two additional scientific
advisors, Dr. Chad Vecitis and Dr. Greg
Silverberg, to development team
Finalizing flagship PozGlass plant
location
Developing method to sequesterCO₂ in
Cellular Concrete at InnoTech Alberta
2022
Commercialize PozGlass SCM
Commercialize C-Quester Cellular
Concrete with industry partner(s)
Launch C-Quester™ Innovation
Centre
2023
Expansion of PozGlass SCM into Pacific Northwest and
beyond
Seek additional licensees for C-Quester Cellular Concrete
2018
Steve Harpur becomes CEO
Name change to Progressive Planet
Completed acquisition of Z1 Natural
Pozzolan Quarry
2019
1st comminution product sold
Z2 Natural Pozzolan Property
optioned
1st Pozzolan SCM development
agreement signed with U of
Alberta
2020
Heffley Creek Natural Pozzolan Property optioned
1st comminution plant upgrade
1st organic agricultural powders shipped to 2 customers
2nd Pozzolan SCM development agreement signed with U of A
Last non-core asset sold; funds allocated to plant expansion
Announced Scientific Advisor, Dr. Doug Brown, joined team as
CO₂ sequestration expert
TIMELINE
23. PLAN'S BUSINESS MODEL
1
3
Comminution Plant generates small revenues
Daily production to increase by 400% with plant upgrade
in March/April 2021
Plant has order backlog
CREATE CASHFLOW
2 PozGlass testing completed by end of Q3
Commercial plant location selection underway
COMMERCIALIZE POZGLASS SCM
4
Build innovation hub to conduct all R&D in one location
Create Joint Development Agreements with industry
partners (recover costs + earn future royalties)
Showcase future products to investors, funding agencies, &
industry partners
CREATE C-QUESTER™ INNOVATION
CENTRE
C-Quester Cellular Concrete work underway at InnoTech
Alberta
Five other applied research initiatives under consideration
Multiple grant applications underway to fund applied research
ADVANCE NEXT PRODUCT IN OUR
PIPELINES
24. BOARD OF DIRECTORS
CEO AND CHAIRMAN
Stephen Harpur, CPA, CGA
DIRECTOR
Dwayne Melrose, P. Geo
DIRECTOR
Scott Jenkins, CPA
DIRECTOR
Edward Beggs, M. Sc.
26. Dr. Doug Brown - Ph.D. in Chemistry, conducted
R&D efforts on CO₂ capture from atmosphere at
Carbon Engineering Group - earned investment
from Bill Gates & other prolific investors
Dr. Chad Vecitis - Associate of Environmental
Science & Engineering at the Harvard Paulson
School of Engineering & Applied Sciences. Co-
author of over eighty peer-reviewed papers and
a number of patents
Dr. Greg Silverberg - Ph.D. in Materials Science
from Harvard University & research experience in
cement
SCIENTIFIC
ADVISORS AT A
GLANCE
27. CAPITAL
STRUCTURE
Dave Richardson: ~30%
Other Insiders: ~20%
As of March 2021
Shares O/S: ~60 million
Warrants O/S: ~26 million
Options O/S: ~5 million
Fully Diluted: ~90 million
Cash & Equivalents: ~$2 million
Additional Cash Fully Diluted: ~$4 million
Insider Holdings:
Long term liabilities: $175,000
28. CONTACT
Steve Harpur, CPA, CGA
CEO AND CHAIR
(778) 928-8037
sharpur@progressiveplanet.ca
Investor Relations:
Jeff Walker
VICE PRESIDENT, THE HOWARD
GROUP
(403) 221-0915
jeff@howardgroupinc.com
Head Office Address: 510 – 580 Hornby Street, Vancouver, BC V1E 1Y2