Carbon Streaming Announces Receipt of Settlement Funds and Share Cancellation Pursuant to Settlement Agreement Related to Rimba Raya Project
Carbon Streaming (OTCQB: OFSTF) has successfully implemented its settlement agreement with Infinite-Earth Limited and related parties regarding the Rimba Raya Biodiversity Reserve Project. The company has received US$650,000 in settlement funds and cancelled 4,539,180 common shares surrendered by the IE Parties.
Following the share cancellation, Carbon Streaming now has 48,332,053 common shares outstanding. The company maintains a strong financial position with total cash of C$52.4 million (US$37.6 million), split between C$37.8 million and US$10.5 million, and carries no debt.
Carbon Streaming (OTCQB: OFSTF) ha attuato con successo l'accordo di settlement con Infinite-Earth Limited e le parti correlate riguardo al progetto Rimba Raya Biodiversity Reserve. L'azienda ha ricevuto US$650,000 in fondi di settlement e ha cancellato 4,539,180 azioni ordinarie messe a disposizione dalle IE Parties.
Dopo la cancellazione delle azioni, Carbon Streaming mantiene ora 48,332,053 azioni ordinarie in circolazione. L'azienda mantiene una forte posizione finanziaria con un totale di liquidità di C$52,4 milioni (US$37,6 milioni), suddivisi tra C$37,8 milioni e US$10,5 milioni, e non ha debiti.
Carbon Streaming (OTCQB: OFSTF) ha implementado con éxito su acuerdo de liquidación con Infinite-Earth Limited y las partes relacionadas respecto al Proyecto de Reserva de Biodiversidad Rimba Raya. La empresa ha recibido US$650,000 en fondos de liquidación y ha cancelado 4,539,180 acciones comunes entregadas por las Partes IE.
Tras la cancelación de las acciones, Carbon Streaming tiene ahora 48,332,053 acciones comunes en circulación. La compañía mantiene una sólida posición financiera con un total de efectivo de C$52,4 millones (US$37,6 millones), repartido entre C$37,8 millones y US$10,5 millones, y no tiene deuda.
Carbon Streaming (OTCQB: OFSTF) 는 Infinite-Earth Limited 및 관련 당사자들과 Rimba Raya 생물다양성 보전지구 프로젝트에 관한 합의 정산을 성공적으로 이행했습니다. 회사는 US$650,000의 정산 기금을 받았고 IE 당사자들이 넘겨준 4,539,180주 일반주를 취소했습니다.
주식 취소 후 Carbon Streaming은 이제 48,332,053주 일반주를 발행 주식으로 보유하고 있습니다. 회사는 총 현금이 C$52.4백만(US$37.6백만)으로 강한 재무 상태를 유지하고 있으며, C$37.8백만과 US$10.5백만으로 나뉘어 있으며 부채는 없습니다.
Carbon Streaming (OTCQB : OFSTF) a mis en œuvre avec succès son accord de règlement avec Infinite-Earth Limited et les parties concernées relatif au projet de réserve de biodiversité Rimba Raya. L'entreprise a reçu US$650,000 en fonds de règlement et a annulé 4 539 180 actions ordinaires remises par les parties IE.
Suite à l'annulation des actions, Carbon Streaming compte désormais 48 332 053 actions ordinaires en circulation. L'entreprise maintient une solide position financière avec un total de liquidités de C$52,4 millions (US$37,6 millions), répartis entre C$37,8 millions et US$10,5 millions, et ne porte aucune dette.
Carbon Streaming (OTCQB: OFSTF) hat erfolgreich seine Vergleichsvereinbarung mit Infinite-Earth Limited und beteiligten Parteien in Bezug auf das Rimba Raya Biodiversity Reserve Project umgesetzt. Das Unternehmen hat US$650,000 an Vergleichsgeldern erhalten und 4.539.180 Stammaktien, die von den IE-Parteien eingezogen wurden, storniert.
Nach der Streichung der Aktien verfügt Carbon Streaming nun über 48.332.053 ausstehende Stammaktien. Das Unternehmen hält eine starke finanzielle Position mit insgesamt 52,4 Mio. CAD an Bargeld (US$37,6 Mio.), aufgeteilt in 37,8 Mio. CAD und 10,5 Mio. USD, und hat keine Schulden.
Carbon Streaming (OTCQB: OFSTF) نفذت بنجاح اتفاق التسوية مع Infinite-Earth Limited والأطراف المعنية فيما يتعلق بمشروع محمية رِيمبا رايا للتنوع البيولوجي. حصلت الشركة على US$650,000 من أموال التسوية وألغت 4,539,180 سهماً عادياً تم تسليمها من قبل أطراف IE.
بعد إلغاء الأسهم، أصبحت Carbon Streaming تمتلك الآن 48,332,053 سهماً عادياً قائماً. تحافظ الشركة على وضع مالي قوي مع إجمالي نقد قدره C$52.4 مليون (US$37.6 مليون)، مقسماً بين 37.8 مليون دولار كندي و10.5 ملايين دولار أمريكي، ولا توجد ديون.
Carbon Streaming (OTCQB: OFSTF) 已成功执行与 Infinite-Earth Limited 及相关方就 Rimba Raya 生物多样性保护区项目达成的和解协议。公司已收到 US$650,000 的和解资金，并取消由 IE 方各方转让的 4,539,180 股普通股。
股权取消后，Carbon Streaming 现有在外普通股为 48,332,053 股。公司维持强健的财务状况，总现金为 C$52.4 百万（US$37.6 百万美元），其中分为 C$37.8 百万和 US$10.5 百万美元，且无债务。
- Receipt of US$650,000 in settlement funds
- Reduction in share count by 4,539,180 shares, potentially beneficial for remaining shareholders
- Strong cash position of C$52.4 million (US$37.6 million)
- Debt-free balance sheet
- Resolution of dispute indicates previous operational challenges with the Rimba Raya Project
- Cancellation of shares reflects termination of strategic partnership
TORONTO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) announces that the conditions have been satisfied to implement the settlement agreement entered into in connection with resolving the dispute between the Company and with Infinite-Earth Limited (“IE”), PT Infinite Earth Nusantara (“PT IE”), certain of IE’s principals and related entities (collectively, the “IE Parties”) related to the Rimba Raya Biodiversity Reserve Project (the “Rimba Raya Project”) previously announced on July 24, 2025.
Carbon Streaming has received the payment of US
Following the cancellation of the 4,539,180 Common Shares, the Company now has 48,332,053 Common Shares issued and outstanding as of the date of this news release.
The Company currently holds total cash of C
For additional information about the settlement agreement related to the Rimba Raya Project, see the Company’s press release titled “Carbon Streaming Announces Settlement Agreements Related to Rimba Raya and MarVivo Projects” dated July 24, 2025.
About Carbon Streaming
Carbon Streaming’s focus is on projects that generate high-quality carbon credits and have a positive impact on the environment, local communities, and biodiversity, in addition to their carbon reduction or removal potential.
ON BEHALF OF THE COMPANY:
Marin Katusa, Chief Executive Officer
Tel: 365.607.6095
info@carbonstreaming.com
www.carbonstreaming.com
Investor Relations
investors@carbonstreaming.com
Media
media@carbonstreaming.com
Cautionary Statement Regarding Forward-Looking Information
This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future, are forward-looking information.
When used in this news release, words such as “estimates”, “expects”, “plans”, “anticipates”, “will”, “believes”, “intends” “should”, “could”, “may” and other similar terminology are intended to identify such forward-looking information. This forward-looking information is based on the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. They should not be read as a guarantee of future performance or results and will not necessarily be an accurate indication of whether or not such results will be achieved. Factors that could cause actual results or events to differ materially from current expectations include, among other things: general economic, market and business conditions and global financial conditions, including fluctuations in interest rates, foreign exchange rates and stock market volatility; volatility in prices of carbon credits and demand for carbon credits; change in social or political views towards climate change, carbon credits and environmental, social and governance initiatives and subsequent changes in corporate or government policies or regulations and associated changes in demand for carbon credits; the Company’s expectations and plans with respect to current litigation, arbitration and regulatory proceedings; limited operating history for the Company’s current strategy; concentration risk; inaccurate estimates of project value, which may impact the ability of the Company to execute on its growth and diversification strategy; dependence upon key management; impact of corporate restructurings; the inability of the Company to optimize cash flows or sufficiently reduce operating expenses; reputational risk; risks arising from competition and future acquisition activities failure or timing delays for projects to be registered, validated and ultimately developed and for emission reductions or removals to be verified and carbon credits issued (and other risks associated with carbon credits standards and registries); foreign operations and political risks including actions by governmental authorities, including changes in or to government regulation, taxation and carbon pricing initiatives; uncertainties and ongoing market developments surrounding the validation and verification requirements of the voluntary and/or compliance markets; due diligence risks, including failure of third parties’ reviews, reports and projections to be accurate; dependence on project partners, operators and owners, including failure by such counterparties to make payments or perform their operational or other obligations to the Company in compliance with the terms of contractual arrangements between the Company and such counterparties; failure of projects to generate carbon credits, or natural disasters such as flood or fire which could have a material adverse effect on the ability of any project to generate carbon credits; volatility in the market price of the Company’s common shares or warrants; the effect that the issuance of additional securities by the Company could have on the market price of the Company’s common shares or warrants; global health crises, such as pandemics and epidemics; and the other risks disclosed under the heading “Risk Factors” and elsewhere in the Company’s Annual Information Form dated as of March 31, 2025 filed on SEDAR+ at www.sedarplus.ca.
Any forward-looking information speaks only as of the date of this news release. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.
FAQ
What settlement amount did Carbon Streaming (OFSTF) receive from Infinite-Earth Limited?
How many shares were cancelled by Carbon Streaming following the settlement?
What is Carbon Streaming's current cash position as of September 2025?
Does Carbon Streaming have any debt on its balance sheet?
When was the original settlement agreement for the Rimba Raya Project announced?
