Site Search
Zeox Corporation
Zeox Corporate Profile
Zeox Operations
Zeox News
Zeox Investor Relations
Contact Zeox

Corporate

Overview

Overview

 Officers and Directors

 Corporate Governance

 Corporate Directory

email this page to a friend
Print This Page
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Newsletter Signup

Zeox Completes Phase One Infrastructure of its Business Plan

Mr. LuVerne Hogg, President and CEO of ZEOX Corporation (TSX-V Symbol: ZOX) is pleased to announce that with the recent approvals from the TSX Venture Exchange for its acquisition of the business and mineral assets GSA Resources, Cheto Partners, BMC Services and Ash Meadows the Company has completed the first phase of its business plans that involved the establishment of commercial production capacity and procurement of valuable reserves of commercial non-metallic mineral ores, including high purity zeolites.

To clarify, the Company is engaged in the assessment, development, procurement and commercial processing of non-metallic industrial minerals particularly high purity zeolites for emerging unique industrial product markets in Canada, the United States and Asia. These markets include:

  1. Light weight cement formulations for down-hole applications in oil and gas production.
  2. Construction.
  3. Environment purification and remediation applications for water, soil and air.
  4. Nuclear energy applications such as hazardous waste abatement.
  5. Catalytic use in various chemical-processing applications such as the separation of oil from oil sand.

The Company currently holds the rights to a worldwide Technology License Agreement with the National Research Council of Canada (NRC) for technology rights to United States Patent Number 5,494,513 for Zeolite-Based Lightweight Concrete Products.

The Company has been focused on building production capacity in the United States and Canada to service a global market through acquisition strategies. The initial target is to produce 20,000 to 50,000 tons per year and then upwards to 100,000 tons of advanced micronized zeolites. The following summarizes the structural elements of the Company’s business plan to date.

White Cliffs Mining Inc.

The Company addressed its initial production needs when it successfully acquired White Cliffs Mining Inc. in Arizona from Atlas Minerals Inc. White Cliffs operates as a wholly owned subsidiary of ZEOX with its corporate address at 1401 W Glen, Tucson, Arizona. It consists of a diatomaceous earth property consisting of 20 unpatented placer mining claims covering 3,120 acres situated in the Mammoth Mining District, Pinal County, Arizona. It has a reclamation bond, plant facilities and equipment located near Mammoth, Arizona approximately 50 miles northeast of Tucson. It has completed the refit of processing plant and has commenced commercial operations in conjunction with the start-up plans of its business model.

GSA Resources Inc.

The mineral claims in GSA and its business assets are commercially significant and provide an economic advantage and high value commodity resource for the Company to supply applications in thermal energy harvesting; enhanced energy recovery and nuclear waste applications, pollution abatement; catalytic applications; oxygen, argon and hydrogen purifications.

Ash Meadows, LLC

On January 12, 2007 the Company entered a letter of intent (“LOI”) with Badger Mining Corporation, a Wisconsin, USA Corporation (“BMC”) to purchase Ash Meadows, LLC, a Wisconsin, USA limited liability company (“AM”) and to enter into a series of agreements (“Agreement”) related to the development, mining, processing, distribution and sale of zeolite resources and the lease and purchase of certain real property on which a processing facility is located on the Nevada and California border.

The TSXV has now approved this transaction and at closing the parties will have structured a merger whereby the Company’s wholly owned subsidiary White Cliffs Mining, Inc. (“WCM”) will be the survivor corporation in an merger with Ash Meadows held by BMC Services.

Logician Technologies Asia Limited

On February 19, 2007 the Company entered into a collaborative Advanced Zeolite Technologies Market Development Agreement (“Agreement”) aimed at deploying the Company’s products and technologies in Asia with Logician Technologies Asia Limited (“Logician”), a private Hong Kong development company.

Under the terms of the Agreement, Logician will create a technology portal and distribution network for the Company’s advanced Zeolite products and technologies into Asian countries, particularly China and India. The ZEOX products have been designed for environmental applications to clean air, water and soils, as well, remediate hazardous materials, including nuclear waste. Additional Zeolite technologies are aimed at lightweight cement applications in construction, mining, oil and gas well completions. Under the Agreement, ZEOX will receive a 10% royalty on all revenues derived from sales into Asian markets that utilize the ZEOX advanced Zeolite technologies.

ZEOX has received new equity financing of $1,000,500.00 and 100,000,000 common shares (approximately 22% of the issued capital) of Logician in return for 3,335,000 units of ZEOX at $0.30CDN per unit. Each unit consists of one common share of ZEOX and one share purchase warrant that will be exercisable into an additional common share at CDN$0.39 per share until September 30, 2007.

Palo Sodium Sulphate Mine

The assets will be assigned to the Company’s wholly owned subsidiary Nanostructured Minerals Corporation. The assets of Palo include valuable industrial mineral reserves and processing capacity that will allow ZEOX to satisfy the anticipated demand for several emerging markets in the oil and gas industry that ZEOX intends to supply in the future. The plant has a production capacity of 100,000 tonnes of material annually.

For a more complete business and financial profile of the Company, management encourages interested parties to view the Company’s documents posted on sedar.com.