Sustainability Executive, Suzanne Davis-Hall appointed to replace Peter Lacey
KAMLOOPS, BRITISH COLUMBIA – March 28, 2023 – Progressive Planet (TSXV: PLAN) (OTCQB: ASHXF) (“Progressive Planet”, “PLAN”, or the “Company”) is pleased to announce the appointment of Suzanne Davis-Hall, MBA, as an independent member of its Board of Directors, effective immediately.
Suzanne is seen as a global leader in Environmental, Social, and Governance (ESG) strategy development and implementation.
“I am excited to bring to Progressive Planet my 25 years of innovative sustainability experience across multiple industries,” states Suzanne Davis-Hall. “I look forward to using my experience to help embed sustainability into the growth strategy and commercialization of the innovative CleanTech products being rolled-out at Progressive Planet.”
Progressive Planet has granted 300,000 stock options to Suzanne exercisable at $0.35 for a period of three years. The options have been granted in accordance with the Company’s stock option plan.
The appointment of Suzanne coincides with the resignation of Peter Lacey from Progressive Planets Board of Directors.
“I am proud to have been a Board member of Progressive Planet,” states Peter Lacey. “In this chapter of my life, I am focusing my current efforts on family and winding down directorships as a result. I continue to be enthused to be an investor in Progressive Planet and the CleanTech innovations from its C-Quester™ Centre of Sustainable Innovation.”
“I want to thank Peter for his incredible support as a valued Board member and supporter of Progressive Planet and wish him the very best in his next chapter of life,” said Progressive Planet CEO Steve Harpur. “At the same time, I am pleased to welcome Suzanne to our board as we continue to add world-class talent to Progressive Planet to accelerate bringing positive disruption to the cement, agricultural and animal-care sectors to create products that contribute to reducing carbon footprints and restoring ecosystems.”
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the matters described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company’s control. These forward-looking statements are made as of the date of this news release.
This news release, required by Canadian laws, does not constitute an offer of securities and is not for distribution or dissemination outside Canada.