Monthly Archives

April 2017

Canadian Zeolite Announces Result from Annual and Special Meeting

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Vancouver, British Columbia, Canadian Zeolite Corp. (the “Company”) (TSX.V: CNZ) (OTCQB: CNZCF) (FSE: ZEON) is pleased to announce the voting results of all items of business conducted at the Company’s Annual and Special Meeting (“Meeting”) held April 28, 2017. The holders of common shares, warrants and options (“Canadian Zeolite Securityholders”) voted today to approve the previously announced plan of arrangement between Canadian Zeolite Corp. and Canadian Zeolite Corp.’s wholly-owned subsidiary, Canadian Mining Corp. (the “Plan of Arrangement”). The Plan of Arrangement received approval by 99.6% of the securities voted at the Meeting. Additionally, all annual matters that were put before the shareholders at the Meeting were approved.

The number of directors was set to three, and the three nominees listed in the management proxy circular dated March 14, 2017, being Ray Paquette, Dave Kepkay and Ron Schneider were re-elected as directors of Canadian Zeolite Corp. Shareholders also approved the re-appointment of auditors, Crowe MacKay LLP, and authorized the directors to fix their remuneration. A new Stock Option Plan was also approved. For more information on the matters voted on at the Meeting and for details of the Plan of Arrangement please see Canadian Zeolite Corp.’s management information circular dated March 14, 2017 which has been filed on Canadian Zeolite Corp.’s profile on SEDAR at www.sedar.com.

The TSX Venture Exchange has also requested that the Company amend the share exchange record date of May 1, 2017 which was previously announced on April 19, 2017. The share exchange record date is the date used to establish the Canadian Zeolite Shareholders entitled to receive common shares of Canadian Mining Corp. pursuant to the Plan of Arrangement. The Company will make a subsequent announcement to disclose a revised record date once all of the conditions to the arrangement have been fulfilled which the Company expects to occur within a week.

About Canadian Zeolite

Canadian Zeolite Corp. is an environmentally friendly Green Tech company involved in the exploration development and production of the industrial mineral zeolite. It is a producer of natural zeolite from its zeolite deposits in British Columbia, Canada. The Company’s shares are listed on the TSX Venture Exchange under the symbol CNZ, on the OTCQB under the symbol “CNZCF” and on the Frankfurt Exchange under the symbol “ZEON”.

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.

Cautionary Note Regarding Forward-Looking Statements

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.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Cautionary Note Regarding the United States

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or the solicitation of any offer to buy nor will there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, state or jurisdiction.

Canadian Zeolite Potential Distribution of Shares Pursuant to Plan of Arrangement

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Vancouver, British Columbia, Canadian Zeolite Corp. (the “Company”) (TSX.V: CNZ) (OTCQB: CNZCF) (FSE: ZEON), pursuant to the arrangement summarized in the news release dated February 17, 2017, the Company is expected to distribute the common shares it holds in Canadian Mining Corp. to its shareholders. The shares are expected to be distributed to Class “A” Common shareholders of the Company. The number of shares exchanged are expected to be one (1) Canadian Mining Corp. share for every five (5) shares held in the Company. The record date for this share exchange is expected to be May 1, 2017, or such other date as the Company may determine. This is a special share exchange being conducted by way of plan of arrangement and is subject to the fulfillment of a number of conditions which are set out in the Company’s Management Information Circular dated March 14, 2017 and posted on the Company’s SEDAR profile on March 28, 2017. Conditions include but are not limited to shareholder approval at the Company’s Annual and Special Meeting on April 28, 2017, obtaining a final court order approving the arrangement, Canadian Mining Corp. completing an equity financing raising net proceeds of $650,000 and other conditions standard for a plan of arrangement.

About Canadian Zeolite
Canadian Zeolite Corp. is an environmentally friendly Green Tech company involved in the exploration, development and production of the industrial mineral zeolite. It is a producer of natural zeolite from its zeolite deposits in British Columbia, Canada. The Company’s shares are listed on the TSX Venture Exchange under the symbol CNZ, on the OTCQB under the symbol “CNZCF” and on the Frankfurt Exchange under the symbol “ZEON”.

On behalf of the Board of Directors
“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.

Cautionary Note Regarding Forward-Looking Statements
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.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Cautionary Note Regarding the United States

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or the solicitation of any offer to buy nor will there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, state or jurisdiction.

Canadian Zeolite’s Bromley Creek Zeolite Approved by OMRI in United States for Certified Organic Livestock Feed Ingredients

By | Corporate News | No Comments

Vancouver, British Columbia, Canadian Zeolite Corp. (the “Company”) (TSX.V: CNZ) (OTCQB: CNZCF) (FSE: ZEON) reports the Company’s Bromley Creek natural zeolite registered under the name Z-Lite Feed Additive has been approved by the Organic Materials Review Institute (OMRI) to be used in Certified Organic production and food processing and handling according to the United States Department of Agriculture (USDA) National Organic Program Rule. Z-Lite will be used as an organic additive for livestock feed ingredients.

On June 30, 2016 GLOBE NEWSWIRE reported, “The global market for animal feed organic trace minerals is expected to reach USD 624.6 Million by 2020, according to a new study by Grand View Research, Inc. Higher bioavailability or organic trace minerals in animals as compared to inorganic counterparts is expected to be a key driver for the market over the next six years. In addition, growing regulatory concerns regarding the hazardous effects of unabsorbed inorganic minerals is expected to further augment the demand for organic counterparts. Furthermore, inorganic trace minerals also affect the health of animals which has resulted in substitution by organic minerals in animal feed.”

“Canadian Zeolite has made great strides during the first quarter of 2017 in opening significant new markets for the Company’s natural zeolite” said Ray Paquette, CEO. “Our natural zeolite has been tested, proven effective and approved for a number of markets including as an additive to animal feeds in Canada and in a number of states in the USA, as animal bedding, a drying agent for moisture and odor control, artificial turf infill, composting, growing mediums and water filtration. Having identified these major markets and with products ready to address their needs we are now qualifying distributors throughout Canada and the United States to represent, warehouse and sell our products to meet the increasing demand.”

Canadian Zeolite is well-positioned to take advantage of the global focus on natural and green-tech markets. We are very fortunate to have a team of advisers who are recognized as leaders and innovators in the world of natural zeolites. With their decades of research and knowledge we have a competitive advantage to create, develop and market new and innovative technologies.

On behalf of the Board of Directors
“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
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