Canadian Zeolite – Earth Innovations Corporate Update

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Canadian Zeolite – Earth Innovations Corporate Update



Vancouver, British Columbia (FSCwire) - Canadian Zeolite Corp. (the “Company”) (TSX.V: CNZ) (OTCQB: CNZCF) (FSE: ZEON), an international marketer and distributor of zeolite products, is pleased to announce that Stephen Coates, President of the recently acquired subsidiary Earth Innovations Inc. (“EII”), has agreed to continue his leadership of the retail and industrial/commercial business of EII.  Further, EII has posted interim sales of over $213,000 (unaudited) for the period between the effective date of acquisition and closing of the transaction (Sept 30, 2017 and Dec 11, 2017).

 

Canadian Zeolite Corp. and Earth Innovations Inc. have started the process of vertically integrating the two businesses to better serve current customers and grow the retail, commercial, industrial and agricultural markets for zeolite products. The recent acquisition of EII expands the Company’s ability to distribute high quality zeolite and zeolite products from mine site to store shelf. As the company moves into 2018, the focus will be on product development and to grow the Company’s wholesale and retail businesses.

 

“We are so excited about the synergies and opportunities in front of the Company.  Having recently completed three days of meetings following the closing of the acquisition, it is very clear that financial resources and the portfolio of zeolite research of Canadian Zeolite Corp. will be formidable in supporting the product development, marketing and sales of Earth Innovations’ products and to better service and support our growing customers and distribution partners across North America”, said Ray Paquette, CEO, Canadian Zeolite Corp.

 

“We are very pleased with the initial order book for both ecoTraction and ecoTractionPRO in the current winter season,” stated Stephen Coates, President of Earth Innovations Inc. He continued, “The relationship between our two companies over the past few years is paying off entirely to the benefit of shareholders of Canadian Zeolite, which now includes the former shareholders of Earth Innovations”.

 

In working to continue to better serve our customer base, the Company is pleased to announce it has recently expanded its North American warehousing and distribution network with the addition of warehousing in the state of Utah.

 

On Behalf of the Board

“Ray Paquette”

President & CEO

604.684.3301

www.canadianzeolite.com

 

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.

 

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. Canadian Zeolite does not assume the obligation to update any forward-looking statement.



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/CanadianZeolite12142017.pdf

Source: Canadian Zeolite Corp. (TSX Venture:CNZ, OTCQB:CNZCF, FWB:ZEON)

To follow Canadian Zeolite Corp. on your favorite social media platform or financial websites, please click on the icons below.


 

Maximum News Dissemination by FSCwire. http://www.fscwire.com

 

Copyright © 2017 FSCwire





Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).