Carbon Credit

Search documents
Barrick Mining's $2 Billion Lumwana Super Pit Expansion on Track
ZACKS· 2025-07-11 13:06
Key Takeaways Barrick is expanding Lumwana to 240,000 tons/year of copper with a new 50M ton plant. The mine has already delivered $4B in economic impact, mostly through local procurement. A REDD program tied to Lumwana will conserve 300,000 hectares and generate carbon credits.Barrick Mining Corporation’s (B) $2 billion Super Pit Expansion Project at its Lumwana mine is progressing steadily, fast-tracking its shift into a Tier One copper mine.Barrick stated that the Lumwana expansion is the result of a s ...
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
VANCOUVER, BC, July 02, 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, is pleased to announce it has completed the shares for debt settlement previously announced on May 12. The Company has settled an aggregate of $172,487.50 (US$125,000) of indebtedness owed to a certain arm's leng ...
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]
Should You Buy Occidental Petroleum While It's Below $50?
The Motley Fool· 2025-06-18 09:17
Shares of Occidental Petroleum (OXY 1.47%) have dipped over the past year. They've fallen from a peak of more than $60 a share to less than $50. That's largely due to a decline in oil prices, which have fallen from over $80 a barrel to their recent level just above $70 per barrel. the roll-off of the associated capital spending. Meanwhile, the company expects to capture about $450 million in additional earnings in its midstream business as legacy contracts roll off and it reduces capital spending in that se ...
Carbon Streaming Announces Corporate Update and Legend Removal Process for All U.S. Investors From the 2021 Financings
Globenewswire· 2025-06-17 22:00
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].
SusGlobal(R) Announces Additional Sales of Carbon Credits and Verrs Generated from Its Belleville Composting Offset Project
Newsfile· 2025-05-21 12:00
May 21, 2025 8:00 AM EDT | Source: SusGlobal Energy Corp. Toronto, Ontario--(Newsfile Corp. - May 21, 2025) - SusGlobal Energy Corp. (OTCQB: SNRG) ("SusGlobal" or the "Company"), an environmental and renewables company, Leaders in The Circular Economy®, today announced that its wholly owned subsidiary SusGlobal Energy Belleville Ltd. ("SusGlobal Belleville") has sold an additional 1,500 Verified Emission Reductions and Removals ("VERRs"), for a total of 59,802 VERRs sold to date as part of the Anew™ SusGlob ...
Lelantos Energy Unveils Strategic Initiatives for 2025
Globenewswire· 2025-05-21 12:00
Renewable energy solutions to empower communities and Free Solar 4 Veterans program among projects underway TUCSON, Ariz., May 21, 2025 (GLOBE NEWSWIRE) -- via IBN -- Lelantos Energy, a wholly owned subsidiary of Lelantos Holdings, Inc. (OTC PINK: LNTO) ("Lelantos" or the "Company"), is pleased to announce its 2025 strategic initiatives focused on expanding access to renewable energy, working with underserved communities, and driving innovation in tax credit and renewable credit monetization. Powering Progr ...
Base Carbon Reports First-Quarter 2025 Operating and Financial Results and Upcoming Investor Update Call
Globenewswire· 2025-05-15 11:30
TORONTO, May 15, 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 first-quarter 2025 consolidated financial results and operational highlights. The Company will host an investor update call on Tuesday, May 27 at 11:00 a.m. Eastern Time, with registration instructions provided below. All financial refe ...
Zefiro Methane Corp. Announces Quarterly Earnings with Revenue of USD $6.9 Million
Globenewswire· 2025-05-14 14:42
FORT LAUDERDALE, Fla., May 14, 2025 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB US: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) today announced the Company’s consolidated financial results for the fiscal quarter that ended March 31, 2025 (“fiscal quarter 3”). Zefiro also today announced that it has received a Notice of Failure to Pay in connection with a $2 million promissory note ("Note"), created in conjunction with the May 12, 2023, acquisition of Plants and Goodw ...