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Corporate News

Canadian Zeolite Announces Result from Annual and Special Meeting

By | Corporate News | No Comments

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

By | Corporate News | No Comments

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

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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
.

Canadian Zeolite Rolls Out New Products for Distribution

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Vancouver, British Columbia, Canadian Zeolite Corp. (the “Company”) (TSX.V: CNZ) (OTCQB: CNZCF) (FSE: ZEON) is pleased to announce the launching of a new product line for the animal feed and poultry production industries. In addition to the previously announced Z-Lite 2% animal feed additive, the Company is now rolling out a line of natural zeolite animal bedding products – Poultry Sense, Zeolite/Citric Acid Blend, Activated Poultry Sense and Activated Barn Sense. These products benefit animal hygiene, provide cleaner dryer bedding and the reduction of ammonia and odour. All of these new products are now available for distribution.

Canadian Zeolite reports initial results at the commercial operation at Pillar Poultry in Ontario are positive with regards to ammonia reduction. The operations have recorded up to a 70% reduction in the barns that have implemented “natural zeolite” alone. These results validate the effectiveness of our natural zeolite for these massive markets. This represents another opportunity for Canadian Zeolite to commercialize its products for the North American marketplace in the animal and poultry production industries.

CEO Ray Paquette states, “these market ready new products are a huge step forward for Canadian Zeolite in meeting the demands of the animal feed and bedding industries. The positive results from our end-users offers the Company an opportunity to become a significant supplier to the animal and poultry production industries.”

Canadian Zeolite continues to move forward with the development of “green-tech” products for composting, water filtration and growing mediums to meet the ever increasing demands of these markets.

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
.

Canadian Zeolite Launches Sales Division for National and International Customer Service

By | Corporate News | No Comments

Canadian Zeolite Corp (the “Company”) (TSX.V:CNZ) (OTCQB:CNZCF) (FSE:ZEON) is very pleased to launch its national and international sales division headed by Mr. Tyler Adair.

Mr. Adair brings years of sales and management experience to the Company and has overseen multi-million dollar projects in various industries. Mr. Adair has a proven ability to develop a strong rapport with clients and maintains strong business relationships while growing his client list. He excels in project management, client liaison and customer service.

Mr. Adair states, “I was attracted to Canadian Zeolite by their “green tech” product and their ability to get their product to market. The Company has worked very hard to move Canadian Zeolite forward and I am excited to be taking on this role. I will focus on building and maintaining established relationships while developing new opportunities and markets for the Company’s natural zeolite. This is a busy and exciting time for the Company as it continues to commercialize its zeolite on a national and international level and I am looking forward to this challenge.”

Ray Paquette CEO says, “I am very pleased to be launching our sales division with such an experienced sales manager. Mr. Adair will work to assure customer quality and control while we continue to roll out our products throughout 2017. This is an exciting time for the Company and its shareholders as we continue to develop our revenues, customers and products.”

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
.

Canadian Zeolite Supplying Piller Poultry Ltd. of Southern, Ontario

By | Canadian Zeolite Corp, Corporate News | No Comments

Vancouver, British Columbia, Canadian Zeolite Corp. (the “Company”) (TSX.V: CNZ) (OTCQB: CNZCF) (FSE: ZEON) is pleased to report the Company’s Bromley Creek natural zeolite has been shipped to Piller Poultry Ltd. in Southern Ontario and is being implemented as a poultry bedding material. To determine the benefits of Canadian Zeolite’s natural zeolite it is being used in 2 of 3 of Piller Poultry Ltd.’s chicken broiler barns which house 30,000 chickens per barn.

In one barn the bedding material will contain 100% natural zeolite mixed with wheat straw bedding. The second barn will be using Activated Poultry Sense (a new natural zeolite and citric acid formula) mixed with wheat straw bedding. The addition of citric acid reduces the ammonia being released. The third barn will continue to use standard bedding with no zeolite. Piller Poultry Ltd. is monitoring for a reduction in odour and mites, stability in PH levels (which will help control e-coli outbreaks), improved air quality and for an overall improvement of manure quality.

Tony Piller, of Piller Poultry Ltd. says, “the zeolite has now been in the barns for 15 days. We do notice a positive difference in the barns that have it. As the birds get older we are expecting good results.”

Ray Paquette CEO stated, “Piller Poultry Ltd., a large poultry producer will be a valuable source in determining the real benefits of using our 100% natural zeolite as well as the new value-added Activated Poultry Sense product when compared to using standard bedding for poultry health and hygiene. The animal bedding market represents a substantial opportunity for Canadian Zeolite to establish new customers in markets including dairy and beef farming, hogs, poultry growers, exotic livestock, horses and pets.”

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
.

Canadian Zeolite Supplying Natural Zeolite to Orange Hill Farms of South West Ontario

By | Canadian Zeolite Corp, Corporate News | No Comments

Canadian Zeolite Corp (the “Company”) (TSX.V:CNZ) (OTCQB:CNZCF) (FSE:ZEON) is pleased to announce that Orange Hill Farms (the “Farm”) has implemented the Company’s Bromley Creek natural zeolite into their farming operations for testing. The Farm is using zeolite as an additive in its animal feed, as a deodorizer in farm bedding, as air quality control and as a sanitizing drying agent. The farm is a 1200 Sow herd that produces 10,000 market hogs and 20,000 weaner pigs annually.

Orange Hill Farms is a member of the Conestoga Meat Packers Association who are committed to providing high quality, responsibly raised product through local farms. As a commitment to providing high quality product, the Farm is excited to implement Canadian Zeolite’s natural zeolite into its various operations. For more information on the Association, please visit the website at www.conestogameats.com.

Ray Paquette, CEO states, “it’s rewarding to supply a high-quality farm such as Orange Hill which displays a commitment to providing premium products for their consumers. We look forward to developing a long-term business relationship and providing our natural zeolite to benefit their farming operations.”

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
.

Canadian Zeolite Announces No Material Change

By | Canadian Zeolite Corp, Corporate News | No Comments

Vancouver, British Columbia, Canadian Zeolite Corp. (the “Company”) (TSX.V: CNZ) (OTCQB: CNZCF) (FSE: ZEON) announces that it is not aware of any undisclosed material change to the Company’s business or operations.

Mr. Ray Paquette CEO states, “the company continues to commercialize its Bromley Creek natural zeolite and is actively pursuing national and international sales opportunities. We are moving forward as quickly as possible to qualify these inquiries as we increase the awareness of the multiple uses of our natural zeolite in “green-tech” industries. We are also continuing our work on new certifications and the development of new technologies such as zeoponics and zeolitic substrates for greenhouse and outdoor growing mediums.”

Canadian Zeolite’s team has maintained a strong belief and focus on establishing our natural zeolite as a Green Tech solution for applications for cleaner air, cleaner water and better growing mediums.

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
.

Canadian Zeolite Announces Proposed Spin-Out of Bullard Pass Property

By | Canadian Zeolite Corp, Corporate News | No Comments

Vancouver, British Columbia, Canadian Zeolite Corp. (the “Company”) (TSX.V: CNZ) (OTCQB: CNZCF) (FSE: ZEON) is pleased to announce its intention to spin-out its Bullard Pass Property (the “Bullard Project”) through a Plan of Arrangement under the British Columbia Business Corporations Act (the “Arrangement”). The Arrangement is designed to deliver greater value to its shareholders by unlocking the value of the Bullard Project. In addition, this will allow the Company to focus on the production and distribution of its line of natural zeolite products. An information circular is anticipated to be mailed out to security holders in mid-March, 2017 to approve the terms of the Arrangement and other matters at the Company’s Annual and General Meeting scheduled for April 28, 2017.

Ray Paquette, the Company’s President and CEO said, “During the period of 2007 through 2010 the Company’s major project was the Bullard Pass Property. We conducted geological work including staking, drilling and assays incurring expenditures of USD$688,000. We consider the Bullard Project to be a property of merit and further exploration is warranted. The current recommendation for the Bullard Project is a three pronged one phase exploration program. This program includes data compilation, increasing the property size through staking and a 3500′ drilling program. The proposed spin-out allows the Company to focus on further advancement and sale of its natural zeolite products for distribution to the agricultural and animal feed industries, for water treatment and aquaculture as well as numerous industrial applications, such as road salt replacement, radioactive waste containment and artificial turf.”

Canadian Mining Company Inc. – The Bullard Pass Property
The Bullard Pass Property is located within the Pierce Mining District in southern Yavapai County, Arizona and lies along the Bullard detachment fault in the Bullard Mining District at the southern end of Harcuvar metamorphic core complex. The Bullard detachment fault is a portion of the regional Buckskin-Rawhide-Bullard detachment fault in west central Arizona, striking approximately N55-60E and with a moderate dip to the south. While most of the property is covered by Quaternary alluvium, the limited exposures in the low hills indicate the hanging wall of the fault is comprised largely of Tertiary volcanic and sedimentary rocks, while the footwall is comprised largely of mylonitized granitoids or granitic gneisses of early Proterozoic and Cretaceous age.

Mineralization is theorized to consist of detachment fault related gold. Small showings of quartz veins and breccias have been mapped locally on surface and have returned grades ranging from background to 2965 ppb Au. Mapping and property wide enzyme leach soil sampling highlighted three areas on the property: Unity grid, Southwest Corner Grid and Access Road grid. These areas were followed up with closer spaced enzyme leach soil sampling and preliminary drill targets were identified. A diamond drill program consisting of 8 vertical holes ranging from 400 to 500 feet was completed over the three grids area by Canadian Mining in 2010.

Board and Management
It is anticipated that Ray Paquette will become chairman of Canadian Mining and that the management team will consist of Brian Thurston as Chief Executive Officer, Mark Groenewald as Chief Financial Officer, and Dianne Szigety as Corporate Secretary. Changes and additions to the management team will be made as needed and as the Bullard Project progresses. The names of additional directors are expected to be announced in the near future and will be outlined in the information circular to be mailed to the Company’s security holders for the Company’s Annual General and Special Meeting.

The Transaction – Summary of the Arrangement
The Company has entered into a Vend-In Agreement with Canadian Mining Company Inc., a wholly owned subsidiary, (“Canadian Mining”) whereby it has agreed to transfer its interest in the Bullard Project to Canadian Mining. Concurrently with entering into the Vend-In Agreement, Canadian Mining and Canadian Zeolite entered into an Arrangement Agreement which governs the terms of the Arrangement.

Pursuant to the Arrangement, Canadian Zeolite Corp. will be distributing the common shares it holds in Canadian Mining (collectively the “Canadian Mining Shares”) to its shareholders on a one (1) Canadian Mining Share for every five common shares held in the Company. All warrants held in the Company will be cancelled and holders of such warrants will be issued one (1) new Company warrant for each Company warrant held with an exercise price adjusted to reflect the spin-out of the Bullard Project from the Company and one (1) warrant in Canadian Mining for every five (5) common shares held. The exercise price for the Spinco Warrants issued to the Canadian Zeolite Warrant holders will be the lesser of the Canadian Zeolite Warrant Exercise Price, and the issue price per Spinco security issued in connection with the Concurrent Financing. The share and warrant exchanges set out above will be based on security holdings as of a date following the Annual General and Special Meeting established by the Company.

Closing of the Arrangement is subject to a number of customary conditions precedent, including, but not limited to:
1. Canadian Mining closing an offering raising at least $650,000.00
2. The Arrangement being approved by two-thirds of the Company’s shareholders, warrant holders and option holders at the upcoming Annual General and Special Meeting;
3. The granting from the Supreme Court of British Columbia of an interim order authorizing the security holders to approve the Arrangement and a final order approving the Plan of Arrangement and the fairness of its terms; and
4. The Common Shares of Canadian Mining being listed on the TSX Venture Exchange.
The above description summarizes the terms of the Arrangement. A copy of the Arrangement Agreement entered into between the Company and Canadian Mining has been filed on SEDAR as a material document and is available for review at the Company’s head office. Investors are urged to read the Arrangement Agreement in its entirety for a more complete description of the Arrangement as well as the information circular to be provided to security holders in connection with the Annual General and Special Meeting of the Company’s security holders.

Concurrent Financing
As a condition to the completion of the Arrangement, Canadian Mining is undertaking a financing to raise net proceeds of at least $650,000. It anticipates this raise to be executed through the issuance of units for $0.09 per unit. Each unit will be comprised of one common share in Canadian Mining and one share purchase warrant. Each warrant entitles the holder to acquire, at any time up to the first anniversary of the issuance of such warrants, one common share at a price of $0.25.
Listing of the Canadian Mining Common Shares issuable pursuant to the Concurrent Financing is subject to approval from the TSX Venture Exchange.

Qualified Person
Technical disclosure for the Bullard Project included in this press release, has been reviewed and approved by Dr. Pat O’Hara. Dr. O’Hara is a Qualified Person (“QP”) under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

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 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 news release.
Cautionary Note Regarding Forward-Looking Statements
Certain statements made and information contained herein in the press release constitutes “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation (collectively, “forward-looking information”). The forward-looking information contained in this press release is based on information available to the Company as of the date of this press release. Except as required under applicable securities legislation, the Company does not intend, and does not assume any obligation, to update this forward looking information. Generally, this forward-looking information can frequently, but not always, be identified by use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events, conditions or results “will”, “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotations thereof. Forward looking statements include, the anticipated timing of mailing the information circular to security holders, the listing of Canadian Mining’s common shares on the TSX Venture Exchange, the approval of the Arrangement by the Company’s security holders, the ability of Canadian Mining to execute on the initial exploration program at Bullard Pass, the ability of the parties to meet all the conditions precedent to the Arrangement and the anticipated size and terms of Canadian Mining’s concurrent financing.
All statements other than statements of historical fact may be forward-looking statements. Forward-looking information is necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks and uncertainties relating to, among other things, the risk of the Company not obtaining: a) an interim order; b) a final court order, c) Canadian Zeolite security holder or stock exchange approvals to proceed with the Arrangement or the listing of Canadian Mining Common Shares; the risk of unexpected tax consequences to the Arrangement, the risk of unanticipated material expenditures required by the Company prior to completion of the Arrangement; risks of the market valuing Canadian Zeolite and Canadian Mining in a manner not anticipated by the Company; risks relating to the benefits of the Arrangement not being realized or as anticipated, Canadian Mining being unable to add additional properties to its portfolio, the potential dilution at the Bullard Project, the inherent uncertainties regarding cost estimates, changes in commodity prices, currency fluctuation, financing, unanticipated resource grades, infrastructure, results of exploration activities, cost overruns, availability of materials and equipment, timeliness of government approvals, taxation, political risk and related economic risk and unanticipated environmental impact on operations, as well as other risks uncertainties and other factors, including, without limitation, those referred to in the “Risks and Uncertainties” section of the Company’s annual management discussion and analysis, a copy of which is filed on SEDAR, and elsewhere, which may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.
The Company believes that the expectations reflected in the forward-looking statements and information included in this press release are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements and information should not be unduly relied upon. This statement and information speaks as of the date of the press release.

Canadian Zeolite Announces Distribution Deal with Canadian Distributor

By | Corporate News | No Comments

Vancouver, British Columbia, Canadian Zeolite Corp. (the “Company”) (TSX.V: CNZ) (OTCQB: CNZCF) (FSE: ZEON) is proud to announce a non-exclusive distribution deal with a Canadian based distributor. The distributor brings a large well-established network and years of experience using zeolite. He will be introducing the Company’s natural zeolite to his network in Manitoba, Saskatchewan and Alberta as an additive of up to 2% of finished animal feed. The Canadian Food Inspection Agency (CFIA) has approved the Company’s Bromley Creek natural zeolite as an animal feed additive. The Distribution Agreement provides the distributor with specific protection enabling them to service and grow their network while allowing Canadian Zeolite to continue to increase its customer base outside the distributor’s network.

Natural zeolites have been used as feed supplements for commercial livestock production for decades. Numerous scientific studies have shown that adding zeolite to livestock diets increases the animals’ growth rate, increases feed conversion efficiency, decreases the incidence of intestinal diseases, reduces the toxic effects of ammonia and produces less odour and noticeably drier manure.

Mr. Ray Paquette CEO adds “we’re very pleased to work with this new distributor. Over the past several months Canadian Zeolite has received many enquiries for product and distribution opportunities. We are moving forward as quickly as possible to qualify these enquiries as we continue to commercialize our natural zeolite. This is another of many expected agreements as we strive to expand our national sales presence and increase the awareness of the multiple uses of natural zeolite in “green-tech” industries.”

Canadian Zeolite continues to work on new certifications and the development of new technologies such as zeoponics and zeolitic substrates for greenhouse and outdoor growing mediums.

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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