Karbon-X Stock Price, News & Analysis

Karbon-X Corp. (OTC PINK:KARX) has launched the Web-App version of its Karbon-X App, enabling users to offset their carbon footprint. Accessible at portal.karbon-x.com, the app aims to provide an easy platform for everyday users to engage in carbon offset initiatives, with mobile versions available by mid-March 2023. CEO Chad Clovis emphasized the app's user-friendly design and the variety of projects users can support, including reforestation in Bolivia and ocean de-acidification. The app features unique offerings like a shareable badge for social media and ongoing project updates, reflecting Karbon-X's commitment to impactful environmental change.

Power Nickel Inc. has announced the retention of Karbon-X Corp to retire 159 high-quality Verra VCU carbon offsets, counteracting greenhouse gas emissions from its exploratory drilling operations. This initiative aims to neutralize the environmental impact of using 60,000 liters of diesel for approximately 40,000 meters of drilling, showcasing Power Nickel's commitment to creating the world's first carbon-neutral nickel mine at the Nisk Project in Quebec. The announcement emphasizes the importance of responsible mining practices and the potential for carbon offsetting in the industry.

Karbon-X Corp. (OTCQB:KARX) has retired 159 Verra VCU carbon offsets for Power Nickel Inc., equating to 159 tonnes of greenhouse gas emissions from 60,000 litres of diesel use in exploratory drilling. This step supports Power Nickel's commitment to achieving carbon neutrality for their Nisk Project in Nemaska, Quebec. Karbon-X emphasizes the importance of carbon offsetting in industrial applications, highlighting the potential for substantial environmental progress. The company’s upcoming mobile app, launching in February 2023, aims to facilitate carbon offset purchases for everyday citizens, further enhancing its carbon marketing initiatives.

Karbon-X Corp. (OTC PINK:KARX) has successfully planted over 75,000 Baru Nut Trees in Bolivia, with a retention rate of 90%, as part of a feasibility study aimed at assessing carbon sequestration potential through reforestation. This successful planting initiative supports future plans to sell carbon offsets via a mobile app anticipated for launch in early 2023. The feasibility study, conducted by Access Research Evidence, provides essential data for advancing the project to the next phase, including seeking third-party verification.

Karbon-X Corp. (OTC PINK:KARX) announced the retirement of 125 Verra VCU carbon offsets, effectively removing 125 tonnes of CO2 from the atmosphere. This action reflects the company's commitment to counteracting emissions from projects completed by ACL Construction Ltd for ATCO Two Rivers Camp Services Ltd. CEO Chad Clovis emphasized that this partnership showcases the company's personalized approach and service dedication. Karbon-X is also preparing to launch a mobile app in early 2023, enabling individuals to offset their carbon footprints via various green projects.

Karbon-X Corp (OTCQB:KARX) announced the acquisition of an 80% interest in Silviculture Systems Corp on November 15, 2022. This strategic move aims to enhance reforestation efforts in the Chiquitania Region, targeting the planting of over 5 million Baru Nut Trees in the coming years. The acquisition will support local operations in Bolivia and create a bio-char production stream from waste materials. The projects are currently under review for carbon offset verification, which will enable Karbon-X to offer carbon offsets through its mobile app.

Karbon-X Corp. (OTC PINK:KARX) has announced the upcoming launch of its user-friendly mobile app aimed at facilitating carbon offsetting. The app allows users to create profiles, select CO2-reducing projects, and share their commitment to climate action via social media. It also provides options for gifting carbon offsets and enables small businesses to support their employees' carbon footprint. Anticipated beta testing will begin by the end of 2022, with an official launch expected in Q1 2023, potentially boosting investments in underfunded environmental projects.

Karbon-X Corp (OTC PINK:KARX) has launched a BioCarbon Registry account to register carbon credit projects related to the planting of Dipteryx Alata Baru Nut trees and a sustainable charcoal initiative in Bolivia. This partnership with SCS and 4everforest marks a significant step toward carbon credit verification through a secure blockchain platform. Additionally, KARX plans to co-develop methodologies for alternative crop planting, such as hemp, aimed at CO2 sequestration.

Karbon-X Corp (OTC:KARX) announced a partnership with Heimdal CCU to develop carbon capture units that will permanently remove atmospheric CO2. Each unit aims to capture 1,000-5,000 tonnes of CO2 over 20 years while generating carbon credits. Karbon-X will receive 50% of these credits. Heimdal CCU plans to expand operations significantly by 2025, reaching a capacity of 5MT/year. This collaboration is expected to enhance both companies' growth and contribute to visible CO2 reduction efforts in response to climate change challenges.