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cleantech investing

Clean Commodities Announces Zeolite Acquisition

Jocelyn Aspa
Jul. 07, 2017 08:34AM PST
Cleantech Investing

Clean Commodities (TSXV: CLE) has announced the acquisition of the Ogilvie Quarry Zeolite Project located in Nova Scotia, Canada, and the subsequent announcement of a zeolite acquisition strategy. As quoted in the press release: “The Ogilvie Quarry Zeolite Project represents our inaugural acquisition into a commodity which we believe offers significant growth potential for agricultural …

Clean Commodities (TSXV: CLE) has announced the acquisition of the Ogilvie Quarry Zeolite Project located in Nova Scotia, Canada, and the subsequent announcement of a zeolite acquisition strategy.
As quoted in the press release:

“The Ogilvie Quarry Zeolite Project represents our inaugural acquisition into a commodity which we believe offers significant growth potential for agricultural and clean-tech opportunities.
We have reviewed the recent domestic incumbents and concluded that their interior-British Columbia market model ignores the practical reality of the historic association of zeolites to aggregate and thus the criticality of focusing on zeolite projects and zeolite deposits close to end-consumers. By engaging a first-mover strategy to secure the east-coast zeolite market, we believe that Clean Commodities Corp. is well-positioned to access a larger population base and superior manufacturing market with unmatched growth attributes.
Furthermore, Nova Scotia’s zeolites have historically attracted global attention. As a consolidator within the zeolite market, Clean Commodities Corp. is pleased to commence our zeolite strategy by way of the acquisition of the Ogilvie Quarry Zeolite Project. It is our intention to rapidly scale our zeolite asset base, zeolite exploration and zeolite marketing efforts. Zeolites are well-suited to our platform and offer excellent scale potential. We are very excited to provide further near-term updates as it concerns the potential of our Nova Scotia zeolite project, our broader zeolite exploration plans and our future zeolite acquisition activities,” stated Ryan Kalt, Chief Executive Officer of the Corporation.

Click here to read the full press release.

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