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) 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.
Base Carbon (Cboe CA: BCBN) (OTCQX: BCBNF) has announced an upcoming investor update call scheduled for Monday, December 16, 2024, at 11:00 a.m. EST. The event will be hosted via Zoom Webinar, where the management team will provide a comprehensive business update and engage in a Q&A session with shareholders.
Current and prospective shareholders are invited to participate in this interactive session. Participants must register through a provided link to receive the meeting credentials. The company encourages stakeholders to submit their questions in advance via email to investorrelations@basecarbon.com.
Base Carbon Inc. (BCBNF) reported Q3 2024 results with significant operational milestones. The company received $11.2 million from carbon credit sales from Vietnam and Rwanda projects. Total payments from the Vietnam project reached $30 million, representing full capital expenditure payback and 43.9% return on investment. The company completed planting 6.5 million trees in India ARR project and holds 1.7 million Article 6 Authorized carbon credits. As of September 30, 2024, Base Carbon had total assets of $126.9 million, including $13.6 million in cash, $9.2 million in carbon credit inventory, and $101.4 million in project investments.
Base Carbon Inc. (BCBNF) has received a second transfer of 1,014,635 carbon credits from its Rwanda project, all designated with Verra's Article 6 Authorized label. This transfer comes after 23,060 credits were retired for global emission reductions and 115,300 credits were allocated to the Government of Rwanda. The company's total inventory from the Rwanda project now stands at 1,712,193 Article 6 Authorized labeled carbon credits.
Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) has announced key project updates:
- The India ARR project has completed planting 6.5 million trees, expected to generate 1.6 million carbon credits over 20 years.
- The Rwanda project anticipates receiving 1,014,635 Article 6 Authorized carbon credits soon.
- The Vietnam project expects to receive an estimated 1.8 million additional carbon credits as early as late Q4, 2024.
- Verra has updated its cookstove project methodology to enhance credibility and integrity.
The company holds an inventory of 700,000 Article 6 Authorized carbon credits from the Rwanda project and believes maintaining a short-term inventory will allow for positive exposure to anticipated price momentum and liquidity. Base Carbon continues to support the operational excellence of the DelAgua Group as the Rwanda project developer.
Base Carbon Inc. (BCBNF) reported its Q2 2024 financial results, highlighting significant progress in its carbon credit projects. The company received $12.5 million from carbon credit sales in Vietnam during the quarter, with an additional $11.2 million post-quarter from Vietnam and Rwanda projects. The Rwanda cookstoves project achieved its first issuance of 717,558 carbon credits, valued at $9.3 million. The India ARR project has planted over 82% of the planned 6.5 million trees. As of June 30, 2024, Base Carbon had total assets of $127.2 million, including $7.5 million in cash and $108.8 million in carbon credit project investments. The company reported a net income of $7.47 million for the quarter, with basic and diluted income per share of $0.06.
Base Carbon Inc. (BCBNF) reported its Q2 2024 financial results, highlighting significant progress in its carbon credit projects. The company received $12.5 million from carbon credit sales in Vietnam during the quarter, with an additional $11.2 million post-quarter from Vietnam and Rwanda projects. The Rwanda cookstoves project achieved its first issuance of 717,558 Article 6 Authorized carbon credits, valued at $9.3 million. The India ARR project has planted over 82% of its planned 6.5 million trees.
As of June 30, 2024, Base Carbon had total assets of $127.2 million, including $7.5 million in cash and $108.8 million in carbon credit project investments. The company reported a net income of $7.47 million for the quarter, with gains on carbon credit project investments of $10.67 million.
Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) has announced receipt of $11.2 million from carbon credit sales from its Vietnam and Rwanda projects. Key highlights include:
1. Total payments of $30 million from the Vietnam project, achieving full payback within 2 years.
2. Inventory of 700,000 Article 6 labeled carbon credits from the Rwanda project, potentially eligible for CORSIA.
3. Expected additional proceeds of $6.3 million from the Vietnam project off-take arrangement.
4. Rights to purchase approximately 25 million carbon credits in 'phase 2' of the Vietnam project.
5. Completed a 'test-trade' of 20,000 carbon credits from the Rwanda project.
Base Carbon has announced the results of its Annual General and Special Meeting held on June 25, 2024. The meeting saw representation of 67,395,288 common shares, or 56.234% of the company's outstanding shares. Five directors were elected: Catherine Flax, Margot Naudie, Bruce Tozer, Michael Costa, and Andrew Fedak, with high approval ratings ranging from 95.992% to 99.869%.
Additionally, shareholders reappointed KPMG LLP as auditors with a 99.225% approval rate, and approved the company's amended equity incentive plan with a 98.212% majority. For more details, the management information circular dated May 10, 2024, is available on the company's profile at sedarplus.ca.