Workflow
Carbon Credits
icon
Search documents
Base Carbon to Receive Carbon Credits Under CORSIA Approved VM0050 Methodology
Globenewswire· 2025-09-30 11:30
TORONTO, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”, together, with affiliates, “Base Carbon”, or the “Company”), is pleased to announce that carbon credit registry Verra has approved the application of CORSIA-compliant methodology VM0050 to the Company’s Rwanda Cookstoves project. As previously disclosed, the DelAgua Group, project developer for the Rwanda Cookstoves proj ...
Carbon Streaming Announces Receipt of Settlement Funds and Share Cancellation Pursuant to Settlement Agreement Related to Rimba Raya Project
Globenewswire· 2025-09-29 23:00
TORONTO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) announces that the conditions have been satisfied to implement the settlement agreement entered into in connection with resolving the dispute between the Company and with Infinite-Earth Limited (“IE”), PT Infinite Earth Nusantara (“PT IE”), certain of IE’s principals and related entities (collectively, the “IE Parties”) related to the Rimba Raya Biodiversit ...
Carbon Streaming Announces Receipt of Settlement Funds and Share Cancellation Pursuant to Settlement Agreement Related to Rimba Raya Project
Globenewswire· 2025-09-29 23:00
TORONTO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) announces that the conditions have been satisfied to implement the settlement agreement entered into in connection with resolving the dispute between the Company and with Infinite-Earth Limited (“IE”), PT Infinite Earth Nusantara (“PT IE”), certain of IE’s principals and related entities (collectively, the “IE Parties”) related to the Rimba Raya Biodiversit ...
CARBON DONE RIGHT DEVELOPMENTS INC. ANNOUNCES CEASE TRADE ORDER
GlobeNewswire News Room· 2025-07-30 23:20
Core Viewpoint - Carbon Done Right Developments Inc. has received a cease trade order from the British Columbia Securities Commission due to failure to file required continuous disclosure documents by the deadline [1][2]. Group 1: Cease Trade Order Details - The cease trade order (CTO) prohibits all trading in the company's securities until the required filings are made and the CTO is revoked [2]. - The company aims to resolve the issues causing the delay and expects to file the necessary documents by September 30, 2025 [3]. Group 2: Company Background - Carbon Done Right is a provider of high-quality carbon credits sourced from afforestation and reforestation projects [1]. - The company focuses on nature-based carbon assets to meet the growing demand for carbon credits from companies pursuing Net Zero goals [4]. - It engages in various arrangements with government entities in jurisdictions such as Sierra Leone, Yucatan, Guyana, and Suriname to enhance greenhouse gas sequestration [4]. Group 3: Required Filings - The documents that were not filed include the Annual Audited Financial Statements for the year ended March 31, 2025, Management Discussion & Analysis, and certificates from the CEO and CFO [6].
Carbon Streaming Announces Settlement Agreements Related to Rimba Raya and Marvivo Projects
Globenewswire· 2025-07-24 11:30
Core Viewpoint - Carbon Streaming Corporation has reached settlements regarding disputes related to the Rimba Raya Biodiversity Reserve Project and the MarVivo Blue Carbon Conservation Project, which are expected to positively impact the company's operations and financial standing [1][8]. Rimba Raya Project Settlement - The company has settled disputes with Infinite-Earth Limited and related parties concerning allegations of breach of agreements related to the Rimba Raya Project [2]. - Key terms of the settlement include a payment of US$650,000 and the return of 4,539,180 common shares for cancellation, which will reduce the total outstanding shares to 48,332,053 [5][6]. - The settlement will be implemented within 10 days, and the company continues to pursue damages against Justin Cochrane in a separate court proceeding [3][5]. MarVivo Project Settlement - Carbon Streaming has also settled with Fundación MarVivo México and MarVivo Corporation regarding the MarVivo Project, which includes the abandonment of the project effective September 20, 2024 [8][11]. - The company retains seven-year rights in the MarVivo Project if a MarVivo-affiliated party re-acquires rights to the project [11].
CARBON DONE RIGHT DEVELOPMENTS INC. ANNOUNCES DELAY IN FILING OF ANNUAL FINANCIAL STATEMENTS AND APPLICATION FOR MANAGEMENT CEASE TRADE ORDER
Globenewswire· 2025-07-15 23:40
Core Viewpoint - Carbon Done Right Developments Inc. is experiencing a delay in filing its continuous disclosure documents due to a recent change of auditor, with an expected filing date by September 30, 2025 [1] Group 1: Company Operations - Carbon Done Right is a leading provider of high-quality carbon credits sourced from afforestation and reforestation projects [1] - The company focuses on nature-based carbon assets to meet the growing demand for carbon credits from companies aiming for Net Zero goals [5] - It engages in the exploration, restoration, and management of terrestrial and marine systems to enhance greenhouse gas sequestration [5] Group 2: Regulatory Actions - The company has applied for a Management Cease Trade Order (MCTO) from the British Columbia Securities Commission, which would prevent management from trading in the company's securities until the documents are filed [2] - There is no guarantee that the MCTO will be granted, and if granted, it would affect the trading ability of the CEO, CFO, and possibly other insiders [2][3] - The British Columbia Securities Commission may issue an issuer cease trade order if the documents are not filed in a timely manner [3] Group 3: Compliance and Internal Policies - During the default period, the company intends to comply with alternative information guidelines as required by National Policy 12-203 [4] - Management and insiders are subject to an insider trading blackout policy consistent with National Policy 11-207 [4] - The company is actively working to resolve outstanding issues related to the audit process and is allocating resources to support its completion [1]
CARBON DONE RIGHT DEVELOPMENTS INC. ANNOUNCES DELAY IN FILING OF ANNUAL FINANCIAL STATEMENTS AND APPLICATION FOR MANAGEMENT CEASE TRADE ORDER
GlobeNewswire News Room· 2025-07-15 23:40
Core Viewpoint - Carbon Done Right Developments Inc. is experiencing a delay in filing its continuous disclosure documents due to a recent change of auditor, with an expected filing date by September 30, 2025 [1] Group 1: Company Operations - Carbon Done Right is a leading provider of high-quality carbon credits sourced from afforestation and reforestation projects [1] - The company focuses on nature-based carbon assets to meet the growing demand for carbon credits from companies aiming for Net Zero goals [5] - It engages in the exploration, restoration, and management of terrestrial and marine systems to enhance greenhouse gas sequestration [5] Group 2: Regulatory Actions - The company has applied for a Management Cease Trade Order (MCTO) from the British Columbia Securities Commission, which would prevent management from trading the company's securities until the documents are filed [2] - There is no guarantee that the MCTO will be granted, and if granted, it would affect the trading of the CEO, CFO, and possibly other insiders [2][3] - The British Columbia Securities Commission may issue an issuer cease trade order if the documents are not filed in a timely manner [3] Group 3: Compliance and Internal Policies - During the default period, the company intends to comply with alternative information guidelines as required by National Policy 12-203 [4] - Management and insiders are subject to an insider trading blackout policy consistent with National Policy 11-207 [4] - The company is actively working to resolve outstanding issues related to the audit process and is allocating resources to support its completion [1]
Carbon Done Right Provides Board of Directors Update
Globenewswire· 2025-07-08 21:27
Core Viewpoint - Carbon Done Right Developments Inc. is enhancing its board of directors to strengthen its focus on expanding carbon projects beyond its current nature-based solutions and tropical geographies [1] Group 1: Board Appointments - Yang Zhou has been appointed to the board, bringing over 18 years of experience in finance, ESG, and carbon markets [2] - The company is in the process of recruiting a second board member to further bolster its governance [1] Group 2: Board Changes - Neil Passmore and Abayomi Akinjide will step down from the board to concentrate on their corporate roles in the UK, with Passmore remaining as a consultant for operations in South America [3] Group 3: Company Overview - Carbon Done Right is a provider of high-quality carbon credits from afforestation and reforestation projects, aiming to meet the growing demand for carbon credits from companies pursuing Net Zero goals [4] - The company invests in the restoration and management of ecosystems to enhance greenhouse gas sequestration and has a robust pipeline of carbon credit projects [4]
Carbon Done Right Announces Shares for Debt Settlement
Globenewswire· 2025-07-02 21:01
Core Viewpoint - Carbon Done Right Developments Inc. has successfully completed a shares for debt settlement, converting $172,487.50 (US$125,000) of debt into equity to preserve cash for working capital [1][2]. Company Overview - Carbon Done Right is a provider of high-quality carbon credits sourced from afforestation and reforestation projects, focusing on meeting the growing demand for carbon credits from companies aiming for Net Zero goals [1][3]. - The company operates nature-based carbon assets and invests in the exploration, restoration, and management of terrestrial and marine ecosystems to enhance greenhouse gas sequestration [3]. Financial Settlement - The company issued 11,499,166 common shares at a deemed price of $0.015 per share to settle the debt, which was related to a promissory note from 2024 [2]. - The shares issued will be subject to a four-month hold period from the issuance date [2].
Carbon Done Right Announces Closing of $120,000 Non-Brokered Private Placement
Globenewswire· 2025-06-30 15:45
Core Viewpoint - Carbon Done Right Developments Inc. has successfully closed a non-brokered private placement, issuing 8,000,000 shares at $0.015 per share, resulting in gross proceeds of $120,000 [1] Group 1: Private Placement Details - The private placement includes a related party transaction, with 4,000,000 units subscribed by related parties [2] - The proceeds from the offering will be used for continued investment in operations and corporate support for the Company's projects globally [3] - The private placement is subject to closing conditions, including necessary approvals from the TSX Venture Exchange, and no finders' fees were paid [4] Group 2: Company Overview - Carbon Done Right is focused on providing high-quality carbon credits from afforestation and reforestation projects, addressing the growing demand for carbon credits from companies aiming for Net Zero goals [6] - The Company engages in the exploration, restoration, and management of terrestrial and marine systems to enhance greenhouse gas sequestration [6] - Carbon Done Right operates in various jurisdictions, including Sierra Leone, Yucatan, Guyana, and Suriname, under different arrangements with government engagement [6]