CHAR+ BioChar to be Tested in Concrete Manufacturing
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Vancouver, British Columbia--(Newsfile Corp. - March 14, 2024) - Argo Living Soils Corp. (CSE: ARGO) ("Argo") previously sponsored the University of British Columbia (UBC) Faculty of Applied Science, civil engineering department Concrete Toboggan Team for a national competition which was held in Newfoundland in late February. The team's efforts were recognized for the innovative use of CHAR+ BioChar in their concrete blend achieving third place in Concrete Mix Design, Concrete Innovation and Concrete Sustainability. In a positive development, one of the other corporate sponsors of the toboggan team has now requested trial samples of CHAR+ BioChar for a comprehensive testing program. This testing by a major cement producer aims to develop a more environmentally friendly and potentially carbon-negative concrete.
According to Mr. Peter Hoyle, President of Argo, "While Argo continues to make strides in the traditional biochar soil enhancement market, we are also seeking additional outlets for CHAR+ BioChar, particularly in construction materials. The work about to be undertaken may open more industrial opportunities for our product."
The cement industry is recognized as one of the largest contributors to greenhouse gas emissions. The incorporation of CHAR+ BioChar into cement composites represents a potential breakthrough in construction engineering. Utilizing this as a concrete admixture is emerging as a significant improvement for the construction industry, providing a cost-effective approach for CO2 sequestration. Globally, over 4 billion tons of concrete are produced annually, the addition of CHAR+ BioChar to the mix in small percentages represents significant amounts of biochar.
Argo would also like to announce that it is extending the marketing services arrangement with King Tide Media, for more information see news release February 4, 2024, for a period of up to 6 months with a budget of up to
About Argo Living Soils Corp.
The Company specializes in producing and developing organic products, including soil amendments, living soils, biofertilizers, vermicompost and compost extracts formulated specifically for high-value crops. The Company's vision and overall business plan are to create an established brand of organic and/or environmentally friendly products. The Company was founded in 2018, and its production facilities have been expanded and relocated to Duncan, British Columbia, in a joint venture with Pacific Composting.
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For further information please contact:
Peter Hoyle
Chief Executive Officer
Argo Living Soils Corp.
Email: peter.hoyle@shaw.ca
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, the completion of the Offering, size of the Offering, the use of proceeds and the Company creating a brand of organic and/or environmentally friendly products. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will", "plans", or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
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FAQ
What competition did Argo Living Soils Corp. sponsor UBC's Concrete Toboggan Team for?
What place did the team achieve in the Concrete Mix Design, Concrete Innovation, and Concrete Sustainability categories?
Who requested trial samples of CHAR+ BioChar for testing?
What is the goal of the testing program by the major cement producer?
What market is Argo aiming to expand into with CHAR+ BioChar?
