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Canadian Zeolite Corp Symbol C : CNZ Shares Issued 25,189,862 Close 2017-01-30 C$ 1.16 Recent Sedar Documents View Original Document
Canadian Zeolite signs deal with Canadian distributor
2017-01-31 09:54 ET - News Release
Mr. Ray Paquette reports
CANADIAN ZEOLITE ANNOUNCES DISTRIBUTION DEAL WITH CANADIAN DISTRIBUTOR
Canadian Zeolite Corp. has signed a non-exclusive distribution deal with a Canadian-based distributor. The distributor brings a large well-established network and years of experience using zeolite. The distributor will be introducing the company's natural zeolite to its network in Manitoba, Saskatchewan and Alberta as an additive of up to 2 per cent of finished animal feed. The Canadian Food Inspection Agency has approved the company's Bromley Creek natural zeolite as an animal feed additive. The distribution agreement provides the distributor with specific protection, enabling it to service and grow its 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.
Ray Paquette, chief executive officer, 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
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