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Purebase Announces Strategic Partnership to Develop New SCM Market in California
Purebase Announces Strategic Partnership to Develop New SCM Market in California
IONE, CA, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Purebase Corporation (OTCQB: PUBC), ("Purebase") a diversified resource company, headquartered in Ione, California, is pleased to announce a strategic partnership with a large national vertically integrated materials company to launch its new eco-friendly, supplementary cementitious material (SCM), a high-performance product designed to replace cement and eliminate the Co2 created by calcining limestone in its production.
The two companies recently signed a Memorandum of Understanding that sets out the principal terms of a collaboration between the Parties, wherein they agree to work together to bring to market Purebase's new carbon-reducing SCM blends in California. Specifically, they will test SCM product being produced at Purebase's pilot plant facility located in Ione, CA, for blending with Type II/V cements. This phase I testing will allow for the development of sales data and product information required for certain materials certifications (particularly Caltrans certification) being established prior to a larger phase II plant being built and made operational.
For the past 6 years, PUBC has been working with leading universities and a private development testing facility to develop alternatives to using cement and other SCMs in the production of concrete such as coal fly ash and other supplements. Historically, coal fly ash has been the most common product to replace a portion of cement, but it is mostly generated by coal-burning power plants which are also high in carbon emissions.
"We believe our new SCM blends represent the next generation of environmentally responsible cement and building products" said Scott Dockter, Chairman and CEO of Purebase. "This partnership represents a major leap forward for our company to have one of the biggest companies in the building materials sector partner with us in bringing our products forward."
About Purebase Corporation
Purebase Corporation (OTCQB: PUBC) is a diversified resource company that acquires, develops, and markets minerals for use in the agriculture, construction and other specialty industries.
Contacts
Emily Tirapelle - Purebase Corporation | emily.tirapelle@purebase.com, and please visit our corporate website and subscribe to our upcoming Newsletter –
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements.". Those statements include statements regarding the intent, belief, or current expectations of Purebase Corporation and members of its management team as well as the assumptions on which such statements are based. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that may cause actual results to differ from those anticipated are discussed throughout the Company's reports filed with Securities and Exchange Commission which are available at www.sec.gov as well as the Company's web site at . The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
IONE, CA, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Purebase Corporation (OTCQB: PUBC), ("Purebase") a diversified resource company, headquartered in Ione, California, is pleased to announce a strategic partnership with a large national vertically integrated materials company to launch its new eco-friendly, supplementary cementitious material (SCM), a high-performance product designed to replace cement and eliminate the Co2 created by calcining limestone in its production.
总部位于加利福尼亚州伊奥尼的多元化资源公司Purebase Corporation(OTCQB:PUBC)今天欣然宣布与一家大型全国性垂直集成材料公司建立战略合作伙伴关系,推出新型环保的补充胶凝材料(SCM),这是一种高性能产品,旨在取代水泥,消除生产过程中煅烧石灰石产生的二氧化碳。
The two companies recently signed a Memorandum of Understanding that sets out the principal terms of a collaboration between the Parties, wherein they agree to work together to bring to market Purebase's new carbon-reducing SCM blends in California. Specifically, they will test SCM product being produced at Purebase's pilot plant facility located in Ione, CA, for blending with Type II/V cements. This phase I testing will allow for the development of sales data and product information required for certain materials certifications (particularly Caltrans certification) being established prior to a larger phase II plant being built and made operational.
两家公司最近签署了一份谅解备忘录,其中规定了双方合作的主要条款,其中他们同意共同努力,将Purebase的新型碳减排SCM混合物推向加州市场。具体地说,他们将测试Purebase位于加利福尼亚州伊奥内的试点工厂生产的SCM产品,用于与II/V类水泥混合。这项第一阶段测试将允许开发某些材料认证(特别是加州运输认证)所需的销售数据和产品信息,这些认证将在更大的第二阶段工厂建造和投产之前建立。
For the past 6 years, PUBC has been working with leading universities and a private development testing facility to develop alternatives to using cement and other SCMs in the production of concrete such as coal fly ash and other supplements. Historically, coal fly ash has been the most common product to replace a portion of cement, but it is mostly generated by coal-burning power plants which are also high in carbon emissions.
在过去的6年里,PUBC一直在与一流的大学和一家私人开发测试机构合作,开发水泥和其他SCM在混凝土生产中使用的替代品,如粉煤灰和其他补充剂。从历史上看,粉煤灰一直是取代部分水泥的最常见产品,但它主要是由碳排放也很高的燃煤发电厂产生的。
"We believe our new SCM blends represent the next generation of environmentally responsible cement and building products" said Scott Dockter, Chairman and CEO of Purebase. "This partnership represents a major leap forward for our company to have one of the biggest companies in the building materials sector partner with us in bringing our products forward."
Purebase公司董事长兼首席执行官斯科特·多克特说:“我们相信,我们新的SCM混合物代表了下一代对环境负责的水泥和建筑产品。这一伙伴关系标志着我们公司向前迈进了一大步,使建材行业最大的公司之一与我们合作,推动我们的产品向前发展。“
About Purebase Corporation
关于Purebase公司
Purebase Corporation (OTCQB: PUBC) is a diversified resource company that acquires, develops, and markets minerals for use in the agriculture, construction and other specialty industries.
Purebase Corporation(场外交易市场代码:PUBC)是一家多元化的资源公司,收购、开发和销售用于农业、建筑和其他特种行业的矿物。
Contacts
联系人
Emily Tirapelle - Purebase Corporation | emily.tirapelle@purebase.com, and please visit our corporate website and subscribe to our upcoming Newsletter –
Emily Tirapelle-Purebase Corporation|emily.tirapelle@purebase.com,请访问我们的公司网站并订阅我们即将发布的新闻稿-
Safe Harbor
安全港
This press release contains statements, which may constitute "forward-looking statements.". Those statements include statements regarding the intent, belief, or current expectations of Purebase Corporation and members of its management team as well as the assumptions on which such statements are based. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that may cause actual results to differ from those anticipated are discussed throughout the Company's reports filed with Securities and Exchange Commission which are available at www.sec.gov as well as the Company's web site at . The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
本新闻稿包含可能构成“前瞻性陈述”的陈述。这些陈述包括有关Purebase公司及其管理团队成员的意图、信念或当前期望的陈述,以及这些陈述所基于的假设。这些前瞻性陈述不是对未来业绩的保证,涉及风险和不确定因素,实际结果可能与这些前瞻性陈述中预期的大不相同。管理层目前已知的可能导致实际结果与预期结果不同的重要因素在公司提交给证券交易委员会的报告中都有讨论,这些报告可以在www.sec.gov上查阅,也可以在公司网站上查阅。公司没有义务更新或修改前瞻性陈述,以反映假设的变化、意外事件的发生或未来经营业绩的变化。
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