Welcome to our dedicated page for BASE CARBON news (Ticker: BCBNF), a resource for investors and traders seeking the latest updates and insights on BASE CARBON stock.
Base Carbon Inc. (OTCQX: BCBNF) regularly publishes news on its activities as a financier of projects in the global voluntary carbon markets. Company updates often focus on operational progress and financial performance tied to its portfolio of carbon credit projects, including cookstove and household device initiatives and a nature‑based afforestation, reforestation and revegetation (ARR) project.
News releases from Base Carbon commonly cover quarterly and annual operating and financial results, highlighting realized cash proceeds from carbon credit sales, changes in carbon credit inventory, and developments in investments in carbon credit projects. These updates provide detail on how projects such as the Rwanda cookstoves project, the Vietnam household devices project and the India ARR project are performing against management expectations.
Project‑specific announcements describe milestones like the approval and application of Verra’s VM0050 methodology to the Rwanda cookstoves project, the progression of the Vietnam household devices project into a new phase with options for Base Carbon to purchase future credits, and the planting and validation status of the India ARR project. The company also issues news on corporate actions, including renewals of its normal course issuer bid, share repurchase activity and shareholder meeting results.
Investors following BCBNF news can expect coverage of topics such as carbon credit issuances, offtake monetization, registry submissions, methodology changes, auditor appointments and scheduled investor calls or town halls. This news flow offers insight into Base Carbon’s execution in voluntary and compliance‑aligned carbon markets and its approach to capital allocation and project development.
Base Carbon (OTCQX: BCBNF) reported third-quarter 2025 results and operational updates on Nov 4, 2025. Key items include a $11.83M unrealized gain on the Rwanda Cookstoves project after migration to Verra VM0050, anticipated inventory of ~1.1M VM0050 credits plus ~244k credits under a revenue-share, and expanded India ARR expansion optionality to 20M trees.
Quarter-end balances: $111.8M total assets, $8.0M cash, $23.1M carbon credit inventory, and year-to-date ~7M shares repurchased at C$0.54 average. Vietnam project proceeds totaled ~$36.3M with a $15.5M cash gain. BDO Canada LLP appointed auditor.
Base Carbon (OTCQX:BCBNF) has achieved a significant milestone as Verra approved the CORSIA-compliant methodology VM0050 for its Rwanda Cookstoves project. The company expects to hold approximately 1.0 to 1.2 million CORSIA-aligned carbon credits after requantification of its inventory.
These carbon credits will be eligible for use under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and other Article 6 compliance markets once Verra finalizes its Corresponding Adjustment insurance requirements. Market forecasts suggest CORSIA Phase One (2024-2026) carbon credit pricing could reach US$26.00 to US$63.00 per tonne, driven by international airlines' requirement to offset emissions above 85% of 2019 levels.
Base Carbon (OTCQX: BCBNF) has secured two significant expansion options for its India Afforestation, Reforestation and Revegetation (ARR) Project at no additional cost. Each option allows for planting 10 million additional trees (total 20 million) with associated carbon credits on similar economic terms as the initial project.
The company has deployed US$6.7 million of US$13.6 million committed to the initial project, which completed planting 6.5 million trees in December 2024. The remaining capital includes US$6.0 million in maintenance capital, with US$4.0 million expected to be funded through initial carbon credit sales. First carbon credits issuance is anticipated in H1 2026.
The project, registered with Verra (ID#4892), focuses on reforesting degraded farmlands in Uttar Pradesh, India, involving 16+ tree species and providing economic benefits to local communities.
Base Carbon (OTCQX:BCBNF) reported Q2 2025 financial results, marking its 5th consecutive quarter of carbon credit sales. The company generated $1.0 million in net cash proceeds from Vietnam cookstove carbon credit monetization and received 192,810 new carbon credits from the Rwanda cookstoves project, increasing inventory to 1.9 million Article 6 Authorized credits.
Key financials include total assets of $111.0 million, with $10.4 million in cash and a $25.6 million carbon credit inventory. The Vietnam project has generated total cash proceeds of $36.3 million and a cash gain of $15.4 million. The company is actively pursuing "near-carbon environmental industrials" investments, including biochar and agroforestry projects.
The company has repurchased approximately 6 million shares at an average price of C$0.49 per share through its NCIB program.Base Carbon (OTCQX: BCBNF) held its Shareholder Meeting with 52.60% representation of outstanding shares. All six director nominees were successfully elected to the board with strong approval rates ranging from 94.84% to 99.59%. Additionally, shareholders approved the amended and restated Equity Incentive Plan with 93.59% support.
The meeting saw high approval rates for all directors, with Michael Costa and Adrian Morante receiving the highest support at 99.59% each, while Margot Naudie received 94.84% of votes in favor.
Base Carbon (BCBNF) has reported its Q1 2025 financial results, marking its 4th consecutive quarter of carbon credit sales. The company generated $0.8 million in net cash proceeds from Vietnam water purifier carbon credit monetization and reported total assets of $112.3 million, including $13.4 million in cash and $25.6 million in carbon credit inventory.
The company achieved a comprehensive income of $518,000 for Q1 2025, compared to a loss of $19.8 million in Q1 2024. Base Carbon repurchased over 0.7 million shares during Q1, with an additional 3.75 million shares repurchased post-quarter, reducing total outstanding shares to 104.75 million. The Vietnam project has generated total cash payments of $35.2 million to date, resulting in full capital repayment and a $14.4 million cash gain.
Base Carbon (BCBNF) has reported its year-end 2024 financial results, highlighting strong operational performance with $16.4 million in operating cash flow and $18.2 million in Adjusted Comprehensive Income. The company's cash position increased to $14.8 million, representing about 50% of the current share price.
Key operational highlights include:
- Rwanda Cookstoves Project achieved first carbon credit production with 1.7 million Article 6 Authorized credits valued at $25 million
- Vietnam Household Devices Project monetized 5.7 million carbon credits for $28.0 million
- India Afforestation Project completed planting 6.5 million trees with first carbon credit issuance expected in 2025
The company actively managed its capital allocation through share repurchases, buying back 8.7 million shares through its Normal Course Issuer Bid program. Despite reporting a net loss of $28.9 million, primarily due to $45.0 million in unrealized losses on carbon credit project investments, the company maintained strong fundamentals with total assets of $112.1 million and shareholders' equity of $103.0 million.
Base Carbon (OTCQX: BCBNF) has announced a rescheduling of its 2024 year-end investor update call. The call will now take place on Tuesday, April 1, 2025, at 3:00 p.m. EDT via Zoom Webinar.
The company plans to release its 2024 year-end financial results on Monday, March 31, 2025. During the call, the management team will provide a comprehensive business update and host a Q&A session for current and prospective shareholders.
Interested participants must register through the provided link to receive the meeting credentials. Investors are encouraged to submit their questions in advance to investorrelations@basecarbon.com.
Base Carbon (OTCQX: BCBNF) has announced an upcoming investor update call scheduled for Tuesday, April 1, 2025, at 11:00 a.m. EDT. The company will release its 2024 year-end financial results on Monday, March 31, 2025.
The management team will conduct the business update and Q&A session via Zoom Webinar, with current and prospective shareholders invited to participate. Interested parties must register to receive the meeting link and passcode. Investors can submit questions in advance to investorrelations@basecarbon.com.