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International Zeolite Revamps Mine Agreements

International Zeolite Revamps Mine Agreements

International Zeolite Corp (TSE:IZ) has released an update.

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International Zeolite Corp has amended its agreement with Progressive Planet to finalize ownership adjustments in the Bromley Creek Zeolite Mine, where Progressive Planet will increase its stake to 31% after two final payments. The mutual termination of their option agreement for the Sun Group Zeolite Mineral Claims will result in International Zeolite regaining 100% ownership, which CEO Ray Paquette considers a significant opportunity for development. This collaboration is aimed at advancing sales strategy and customer identification for the mine, known for its high-quality zeolite.

For further insights into TSE:IZ stock, check out TipRanks’ Stock Analysis page.

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