- Vertical Exploration (TSXV:VERT) has received a new five-year permit for its branded Global Wollastonite Agricultural Calcium Silicate product, produced at the company’s St-Onge quarry in Québec
- All fertilizers and supplements sold or imported into Canada are regulated under the Federal Fertilizers Act and Regulations
- The company anticipates generating growing revenue and positive cash flow from its St-Onge deposit in the first half of 2025
- Vertical Exploration stock (TSXV:VERT) opened trading at $0.030
Vertical Exploration (TSXV:VERT) has received a new five-year permit for its branded Global Wollastonite Agricultural Calcium Silicate product, produced at the company’s St-Onge quarry in Québec.
This can allow Vertical to continue offering its wollastonite product to the agricultural market.
All fertilizers and supplements sold or imported into Canada are regulated under the Federal Fertilizers Act and Regulations. These regulations aim to ensure that products are safe for plants, animals, human health, and the environment, and that they are properly labeled for safe and appropriate use.
“The CFIA permit completes the trio of necessary certifications, (CFIA, OMRI, and Ecocert enabling Vertical to sell its Global Wollastonite for all agricultural applications,” the company’s president, Peter Swistak explained in a news statement.
In addition to the company’s OMRI and Ecocert organic certifications, this approval under the CFIA Fertilizers Act opens up significant opportunities for Vertical Exploration. The company anticipates generating growing revenue and positive cash flow from its St-Onge deposit in the first half of 2025. This approval also accelerates Vertical’s plans to pursue domestic and international partnerships and joint ventures, enhancing its business and agricultural market opportunities.
Vertical Exploration Inc. is out to identify, acquire, and advance high-potential mining prospects in North America for the benefit of its stakeholders. The company’s flagship St-Onge Wollastonite property is located in the Lac-Saint-Jean area in Québec, where it continues to develop and expand its operations.
Vertical Exploration stock (TSXV:VERT) opened trading at $0.030 and is down 50.00 per cent since the beginning of the year.
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(Top image of Wollastonite via Vertical Exploration Inc.)