Announces $70,000 equipment sale to CarbonIP and advancement towards potential additional royalties
Progressive Planet Solutions Inc. , a leader in developing CleanTech solutions for the planet, announces it has signed an Agreement with an Ontario-based pet products manufacturer to continue providing Progressive Planet's approved formulas related to the sale of traditional cat litter products, for which Progressive Planet will receive a continuing royalty equal to 0.75% of the total sales to one of Canada's largest retailers. The Agreement, which was signed on January 31, 2024, is backdated for royalty payments on applicable revenues beginning May 1, 2023. Additionally, Progressive Planet announces it has reached an Equipment Purchase Agreement with CarbonIP Technologies Inc....