Progressive Planet Completes Sale of Lithium IP

VANCOUVER, August 01, 2019 - PROGRESSIVE PLANET SOLUTIONS INC. (TSXV:PLAN) (“Progressive Planet” or “PLAN”) announces that it has completed the sale of its interest in early stage intellectual property relating to sulfur lithium battery research to SuperCap Technologies Corp. as first announced on July 11, 2019.

Closing of the transaction was subject to Exchange approval which was received on July 31, 2019.

With the closure of this transaction, PLAN continues to focus on developing markets for zeolite extracted from the Z-1 Quarry located in Cache Creek.

Progressive Planet is a Canadian based mineral exploration company with its flagship Z1 Zeolite Quarry in British Columbia. Progressive Planet is committed to using mineral resources to provide solutions for a livable planet.

ON BEHALF OF THE BOARD

Signed “Stephen Harpur”

Stephen Harpur, CPA, CGA
CEO

For further information or investor relations inquiries, please contact us:

1-800-910-3072
Investors@progressiveplanet.ca
www.progressiveplanet.ca

Forward-Looking Statements:

Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Progressive Planet Solutions Inc. Actual results may differ materially from those currently anticipated in such statements. Neither the 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.

SOURCE: Progressive Planet Solutions Inc.