Microbe bioscience
for a better world
CSE:VBN
Pedro Resources Ltd. is presently finalizing a private placement for 5 cents per common share in order to raise CAD 600,000 to advance its business purposes. Click here to read more.
Pedro Resources Ltd. is in the process of a Change of Business application presently under way with the Canadian Securities Exchange. The company is transitioning from a Canadian mining enterprise to become a world leader in the use of bioscience in the development and application of microbes and funguses to positively impact production in the agricultural, forestry, and associated plant growing industries and businesses.
In July 2023, the company signed a Collaboration Agreement with Fixed Earth Innovations Ltd and additional Collaboration Agreements have been entered into with FCS Solutions Ltd., Oil-Out Ltd. and Dirty Dirt Services Ltd. The intent of these agreements was to enable the Company to provide for developing, commercializing and exploiting proprietary technology know-how and microbe-related products.
The primary business activity of the Company will involve the use of microbes for the benefit of several worldwide environmental challenges faced by various markets and industry segments. Among these are agriculture and food production; reforestation; land reclamation, remediation of properties contaminated by hydrocarbons; clean-up and restoration of sites contaminated by PERC chemicals (formerly solvents that were almost impossible to break-down such as dry-cleaning chemicals, etc.) and PFAS chemicals known as "forever chemicals" (impossible to breakdown such as fire-fighting foams) as well as products, applications and solutions for a variety of consumer environmental issues.
In conjunction with the Change of Business, management intends to change Pedro's name and brand.
"We are excited about this opportunity. Since we announced the Collaboration Agreements we have been contacted by people throughout North America, Europe and the Middle East asking for information and help in addressing food production and contaminant remediation challenges they are facing. A recent BBC article, indicated that "the global societal costs - including remediation - of PFAS chemicals amounts to €16 trillion ($17 trillion /£13.8 trillion) per year." ("Can we take the 'forever' out of forever chemicals?" BBC, October 18, 2023.) The potential market size is massive on a domestic basis and even more immense on a worldwide scale. Our goal is to take advantage of these opportunities for the benefit of a needing world and our loyal shareholders," says Company CEO Brian Stecyk.
Please note that there is no assurance that our final approvals will be granted by the CSE. In addition, we will require approval of Pedro’s shareholders.
To know more, click here. Also to see our updated on Change of Business, click here.
Overview
Pedro Resources Ltd., a public company listed on the Canadian Securities Exchange (CSE: VBN), is incorporated under the laws of British Columbia, Canada. In the past few years it pursued mineral exploration in northern Labrador. The extensive costs and difficulties associated with exploration for nickel led to the Company seeking other sources of revenue.
Initially, thoughts were to become involved in the reclamation and restoration of mining properties through the use of microbe biotechnology; however, upon further evaluation, it became apparent to management of the Company that the opportunities to employ microbiology to a much wider range of environmental challenges was more in the Company's interest and would ultimately be a greater benefit to shareholders.
The Company is now advancing its Change of Business and intends to change its name and branding. Upon final approvals, our new name will be MiGlobe Biosciences, and the company has applied for the trade symbol MGBS.
As the Company moves into the biosciences field, a significant emphasis will be placed upon communications and marketing to both educate and inform potential investors and customers about the current and future potential of using microbes and related products to solve a myriad of soil and water contamination and agricultural challenges in several critical sectors of the North American and worldwide economies.
Our primary focus will be on addressing the elimination of harmful conventional fertilizers while significantly increasing food production.
In addition along with our Collaboration partners we intend to enhance reforestation with the use of our proprietary natural, non-toxic microbial blends.
In Canada there are 189,874 farms on 62.2 million hectares/ 153.7 million acres of land, according to Statistics Canada (1).
In the United States there are 1,890,000 farms on approx. 355.7 million hectares/ 879 million acres of land according to the US Department of Agriculture (2).According to Maria-Helena Semedo, Deputy Director-General of the Food and Agriculture Organization of the UN, the world's topsoil could be gone within 60 years if current rates of degradation continue. We intend to augment present fertilizer use with proprietary microbes, which assist in plant growth, productivity, and vitality, and improve disease and climate change resilience. The use of the microbes would not change soil’s natural chemistry (3).
Chemical-heavy farming techniques currently used in the agriculture industry can lead to soil contamination, erosion, fewer and poorer crops, flooding, and increased carbon emissions in the atmosphere.
Microbes can reduce the use of fertilizers, in turn reducing production costs and the negative effects that they have on earth and climate, while increasing crop production.
Protecting and building forests is a worldwide concern. Microbes can assist seedlings in the efficient use of water and in delivering critical nutrients to boost their survival rate. Applying microbes to damaged forest environments can reduce the time and cost involved in reforestation and ecosystem restoration initiatives. Pedro Resources Ltd. along with its Collaboration partners, intends to target reforestation in areas impacted by wildfires and industrial degradation.
In collaboration with our partners, we intend to publish a tree planting study based on 30,000 seedlings that were microbe treated and planted in a remote area in British Columbia, Canada in 2022. The document is coming soon.
1. Statistics Canada “Overview Of Canada's Agriculture And Agri-Food Sector”. Published July 6, 2023. Available at: https://agriculture.canada.ca/en/sector/overview
2. USDA Economic Research Service: “Farming and Farm Income”. Published on February 29, 2024. Available at: https://www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/farming-and-farm-income/
3. Scientific American “Only 60 Years of Farming Left If Soil Degradation Continues”. Published on December 5, 2014. Available at: https://www.scientificamerican.com/article/only-60-years-of-farming-left-if-soil-degradation-continues/
Oil-Out
A specially formulated microbial cleaner that is used for removing oil and grease stains on most hard surfaces including concrete and asphalt.
Collaborations
Dirty Dirt Services
A service provider for the use of Oil-Out and Fixed Earth products, creating custom batches of microbes for specific projects with heavier hydrocarbons contamination. Years of experience working with the petroleum industry in Northern BC.
Fixed Earth
Enhancing food production systems through the deployment of plant-growth-promoting microbes and using biological means to destroy PFAS and other chemicals.
Ure-Out
A highly efficient microbe-based odour and black mold remover that permanently eradicates these problems.
Team
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Brian Stecyk
Director
• An extensive background in both communications, corporate and political networking and public relations
• Operated a successful advertising and public relations firm for over 36 years and served as a CEO, President and director of several public companies
• Previously a member of the Canadian Association of Professional Speakers
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Albina Minaj, CPA
CFO
• A Chartered Professional Accountant with over 18 years of experience in accounting
• Previously a Senior Accountant of Shoppers Drug Mart and Loblaw group of companies
• Extensive experience with corporate audits, prospectus filings, private placements, financings, and corporate acquisitions
• Holds a Bachelor’s degree in finance
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Ron Mercier
Interim CEO, Director
• A leader in the real estate industry since 1973, while recruiting and managing over 300 realtors
• Experienced in commercial and industrial land development, particularly in investment in Western Canada
• Focuses on particular developments for Northern Alberta and BC resource-based communities
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Will McInnes
Director
• A founding member of Oil-Out Ltd. & Dirty Dirt Services
• Collaborated with others to combine multiple technologies for dramatic results in remediation of various types
• Joined with the team forming Fixed Earth Innovations to create an adaptable biotech company for the ever-changing impacts humans have on the planet
Technical Advisors
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Timothy Repas
President & Director of Fixed Earth
• BSc Biochemistry, Elmira College (USA)• MSc Biology, University of Saskatchewan
• BCIA, Professional Agrologist
• Over 8 Years of Experience Environmental Consulting
• Multiple Published Papers and Presentations at Conferences
• Involved with Biotechnology Since 2010
• Wide Range of Experience in the Environmental Field
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Daniel Lanman
Executive Vice President & Director of Fixed Earth
• Oversees Contracts and Administrative Aspects of Company
• Years of Experience in Business Operations and Control
• Involved with Biotechnology Since 2018
• Passionate About Technical Writing and Business Operations
• Wide Range of Experience Brings Diversity of Knowledge
Disclaimer
This information is being provided for information purposes only and does not constitute or form part of, and should not be construed as, an offer or invitation to sell or any solicitation of any offer to purchase or subscribe for any securities of the Company in Canada, the United States or any other jurisdiction. Trading in the securities of the Company should be construed as highly speculative. This information is not, and in no circumstances is it to be construed as, a prospectus, an offering memorandum, an advertisement, or a public offering of securities. No state, provincial or territorial regulatory authority has determined if this Information Sheet is truthful or complete. Any representation to the contrary is a criminal offense. The securities of the Company have not been and will not be registered under the U.S. Securities Act, or the applicable securities laws of any state of the United States and may be offered and sold in the United States only in reliance upon an exemption from the registration requirements of the U.S. Securities Act and in accordance with any applicable securities laws of any state of the United States.
No information contained here constitutes technical, scientific or medical advice, and it is not to be used for any health-related purposes, or to replace consultation with a qualified medical professional. No information contained herein is intended to diagnose health problems or to take the place of professional medical care. The information contained herein is neither intended to dictate what constitutes reasonable, appropriate or best care for any given health issue, nor is it intended to be used as a substitute for the independent judgment of a physician for any given health issue. All content herein is for general information purposes only.
Each prospective investor must rely on his or her own examination of the Company and the terms of the Company’s private placement of common shares, including the merits and risks involved in making an investment decision with respect to the securities of the Company. Opinions and estimates disclosed constitute management’s judgment and are subject to change without notice, as are any statements of market trends, which are based on current market conditions The Company makes no representation or warranty, express or implied, and assume no responsibility for the accuracy, reliability or completeness of the information contained in this Information Sheet. The Company has no obligation (express or implied) to update the Information Sheet or advise any recipient of any changes. Each recipient of the Information Sheet acknowledges that the Company is not advising any recipient or any other person as to any legal, tax, investment, accounting, technical or regulatory matters in any jurisdiction.
Forward-Looking Statements
This website contains certain “forward looking information” and “forward looking statements” within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act 1995, respectively, which may include, but are not limited to, statements with respect to future events or future performance; the Company’s objectives and goals, regulatory approvals, business plans and strategy, management’s expectations regarding the Company’s growth, market size, operations and results of operations, future publications and efficacy of microbe treatment and remediation; statements with respect to the future of the agricultural industry; statements as to business prospects and opportunities. Such forward looking statements reflect management’s current beliefs and are based on information currently available to management.
Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the Company’s ability to obtain regulatory and shareholder approval of its proposed change of business to the bioremediation industry, market risks of the biotechnology industry, the Company’s ability to protect intellectual property, innovate and attract new customers, the Company’s dependence on its partners, licensors and other third parties, the early-stage development and scientific uncertainty of certain products to be offered by the Company, product liability, environmental regulations and hazardous materials, rapid technological changes, competition, availability of funds and financing risks, deficient third parties’ reviews, reports and projections, reliance on management and key employees, volatile global financial conditions, and human error, among others.
Forward-looking statements are based on assumptions management believes to be reasonable. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements that are included or incorporated by reference herein, except in accordance with applicable securities laws.