VANCOUVER, BC, July 30, 2025 (GLOBE NEWSWIRE) -- Carbon Done Right Developments Inc. ("Carbon Done Right" or the "Company") (TSXV: KLX) (FSE: Q1C), a leading provider of high-quality carbon credits sourced exclusively from afforestation and reforestation projects developed and owned by the Company, announces that on July 30, 2025, the British Columbia Securities Commission (“BCSC”) has issued a failure-to-file cease trade order (the “CTO”) under National Policy 11‑207 Failure‑to‑File Cease Trade Orders and ...

TORONTO, July 24, 2025 (GLOBE NEWSWIRE) -- Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) announces that it has entered into two settlement agreements resolving disputes related to the Rimba Raya Biodiversity Reserve Project (the “Rimba Raya Project”) and the MarVivo Blue Carbon Conservation Project (the “MarVivo Project”). Rimba Raya Project Settlement Carbon Streaming has reached a settlement with Infinite-Earth Limited (“IE”), PT Infinite Ear ...

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]

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]

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]

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].

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]

Core Points - Carbon Streaming Corporation held its annual general meeting of shareholders on June 18, 2025, where all five proposed director nominees were elected [1] - A total of 16,029,044 common shares were voted, representing approximately 30.32% of all outstanding common shares [2] - Deloitte LLP was approved as the auditor, and the directors were authorized to fix their remuneration [2] Election Results - Marcel de Groot received 12,531,540 votes in favor, accounting for 83.370% [3] - Olivier P. Garret received 12,518,740 votes in favor, accounting for 83.285% [3] - Marin Katusa received 12,585,416 votes in favor, accounting for 83.728% [3] - Alice Schroeder received 12,517,415 votes in favor, accounting for 83.276% [3] - Sam Wong received 13,937,826 votes in favor, accounting for 92.726% [3] Company Overview - Carbon Streaming focuses on projects that generate high-quality carbon credits while positively impacting the environment, local communities, and biodiversity [5]

Core Viewpoint - Carbon Streaming Corporation has announced a process for U.S. investors to remove restrictive legends from their share certificates related to the 2021 financings, allowing for easier trading of shares without incurring legal fees [3][5][8]. Group 1: Restrictive Legend Removal - The company has finalized a process for qualifying U.S. investors from the 2021 financings to remove the restrictive legend from their shares at no cost [3][8]. - This initiative is the first of its kind for a publicly listed Canadian company, allowing over 700 U.S. investors to simplify the legend removal process [6][12]. - Eligible shareholders will receive instructions via email from DealMaker around June 23, 2025 [10]. Group 2: Financial Position - As of June 16, 2025, the company holds US$37.0 million (C$50.3 million) in cash, remains debt-free, and has no outstanding legal payables [13]. - The company converted US$18.0 million to Canadian dollars in February 2025, resulting in a foreign exchange gain of approximately US$0.8 million due to a favorable change in the exchange rate [8][13]. Group 3: Carbon Credits and Sales Strategy - The company currently holds 532,720 carbon credits from cookstove projects and 18,990 carbon credits from water purification projects [8]. - The company is leveraging AI-driven analysis to identify active buyers for its carbon credits, aiming to enhance marketing efforts despite weak current market pricing for cookstoves [16]. Group 4: Legal Matters - The company has filed a Notice of Arbitration against Will Solutions Inc. due to the latter's failure to meet project milestones [17]. - The company had previously advanced US$4.0 million to Will Solutions Inc. under a purchase sale agreement that has now been terminated [17]. Group 5: Upcoming Events - The company's Annual General Meeting (AGM) is scheduled for June 18, 2025, at 9:30 a.m. Vancouver time [18].

Core Viewpoint - Carbon Done Right Developments Inc. is raising up to $100,000 through a non-brokered private placement to support its operations and projects globally [1][2] Group 1: Financial Activities - The company plans to issue common shares at a price of $0.015 per share as part of the offering [1] - The offering is expected to close around May 26, 2025, pending necessary approvals [4] - The company intends to settle $165,768 (US$120,000) of debt by issuing 11,051,200 common shares at the same price of $0.015 per share [6] Group 2: Project Developments - The company launched a new mangrove restoration project in Suriname, targeting up to 5,000 hectares of degraded land [2] - The flagship forest carbon restoration project in Sierra Leone was validated under Verra's new forest restoration protocol in December 2024 [3] - The company is seeking new partners for investment opportunities after an existing Offtaker declined to expand their investment [3] Group 3: Company Overview - Carbon Done Right focuses on nature-based carbon assets to meet the growing demand for carbon credits [7] - The company engages in the restoration and management of ecosystems to enhance greenhouse gas sequestration [7] - It operates in various jurisdictions, including Sierra Leone, Yucatan, Guyana, and Suriname, emphasizing environmental stewardship [7]