TORONTO, Nov. 04, 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 its third-quarter 2025 consolidated financial results and operational highlights. All financial references are denominated in U.S. dollars, unless otherwise noted. Company Highlights: The Rwanda Cookstoves project has been approved by Verr ...

Core Viewpoint - Carbon Streaming Corporation's CEO, Mr. Marin Katusa, has acquired 74,500 common shares at a price of $0.67 per share, totaling $49,915, indicating a personal investment in the company [1]. Summary by Sections Acquisition Details - The Acquiror purchased 74,500 common shares at $0.67 each for a total of $49,915 [1]. - Prior to the acquisition, the Acquiror owned 4,101,000 common shares, representing approximately 8.5% of the total shares outstanding [2]. - After the acquisition, the Acquiror's total ownership increased to 4,175,500 common shares, approximately 8.6% of the total shares outstanding [3]. Warrant Information - The Acquiror held 1,170,000 common share purchase warrants before and after the acquisition [2][3]. - If all warrants were exercised, the Acquiror would control 5,345,500 common shares, representing approximately 10.8% on a partially diluted basis [3]. Purpose of Acquisition - The shares were acquired for investment purposes, with the potential for future acquisitions or disposals depending on market conditions [4]. Regulatory Compliance - The press release is issued in compliance with National Instrument 62-103, detailing early warning reporting requirements [5].

Core Insights - Base Carbon Inc. has received approval from carbon credit registry Verra for the CORSIA-compliant methodology VM0050 for its Rwanda Cookstoves project, marking a significant milestone for the company [1][2][3] Company Developments - The Rwanda Cookstoves project, developed by DelAgua Group, is transitioning to Verra's VM0050 methodology, which focuses on energy efficiency and fuel-switch measures in cookstoves [2] - Following the transition, the company anticipates holding approximately 1.0 to 1.2 million CORSIA-aligned carbon credits, which will be eligible for delivery into CORSIA and other compliance markets [3] - The CEO of Base Carbon emphasized that this transition enhances the value of the company's carbon credit inventory and positions it favorably in a market with increasing compliance obligations for airlines [5] Market Context - CORSIA requires international airlines to offset emissions growth above 85% of 2019 levels, creating immediate demand for CORSIA-eligible carbon credits [4] - Forecasts suggest that carbon credit prices in CORSIA Phase One (2024-2026) could rise to between US$26.00 and US$63.00 per tonne, indicating a structural shortfall in the current market [4]

Core Insights - Carbon Streaming Corporation has successfully implemented a settlement agreement with Infinite-Earth Limited and related parties regarding the Rimba Raya Biodiversity Reserve Project [1][2]. Financial Summary - The company received a payment of US$650,000 from Infinite-Earth and cancelled 4,539,180 common shares, resulting in a total of 48,332,053 common shares outstanding [2]. - Carbon Streaming currently holds total cash of C$52.4 million (US$37.6 million), with no debt reported [3]. Company Overview - Carbon Streaming focuses on projects that generate high-quality carbon credits while positively impacting the environment, local communities, and biodiversity [4].

Core Points - Carbon Streaming Corporation has successfully implemented a settlement agreement with Infinite-Earth Limited and related parties regarding the Rimba Raya Biodiversity Reserve Project [1][2] - The company received a payment of US$650,000 and cancelled 4,539,180 common shares, resulting in a total of 48,332,053 common shares outstanding [2] - Carbon Streaming currently holds C$52.4 million (US$37.6 million) in cash and has no debt [3] Financial Summary - Payment received from IE: US$650,000 [2] - Common shares cancelled: 4,539,180 [2] - Total common shares outstanding: 48,332,053 [2] - Total cash held: C$52.4 million (US$37.6 million) [3] - Cash breakdown: C$37.8 million and US$10.5 million [3] - Debt status: No debt [3] Company Overview - Carbon Streaming focuses on projects that generate high-quality carbon credits while positively impacting the environment, local communities, and biodiversity [4]

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].

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].

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]