Welcome to our dedicated page for Carbon Streaming Corporation news (Ticker: OFSTF), a resource for investors and traders seeking the latest updates and insights on Carbon Streaming Corporation stock.
Carbon Streaming Corporation (OFSTF) operates at the intersection of environmental impact and innovative finance through its carbon credit streaming model. This dedicated news hub provides investors and stakeholders with timely updates on corporate developments, project milestones, and financial performance.
Our comprehensive coverage includes earnings reports, strategic partnerships, and progress on key environmental initiatives like the Azuero Reforestation Project. Stay informed about operational updates including carbon credit acquisitions, portfolio diversification efforts, and financial management strategies that define the company's market position.
Key focus areas include updates on streaming model implementation, non-IFRS financial reporting, and sustainable land restoration projects. Bookmark this page for direct access to official press releases and objective analysis of corporate developments affecting the carbon credit marketplace.
The collaboration between IG Wealth Management and Carbon Streaming Corporation aims to create the IG Climate Action Portfolios, innovative investment solutions for Canadians focused on net-zero emissions. These portfolios will offset their asset emissions through purchasing and retiring carbon credits, improving their environmental impact. The first year's credits will come from the Rimba Raya Biodiversity Reserve, promoting sustainable investment. IG Wealth Management oversees $111.6 billion in assets, while Carbon Streaming specializes in carbon credit investments, enhancing climate action opportunities for investors.
Carbon Streaming Corporation (OTCQB: OFSTF) has entered a US$20 million carbon credit streaming agreement with Community Carbon and UpEnergy Group to distribute fuel-efficient cookstoves and water solutions across eastern and southern Africa. This initiative aims to deliver 3.5 million devices and reduce approximately 50 million tonnes of CO2 emissions over 15 years. The company will invest US$6.5 million upfront, with additional milestone payments of US$13.5 million. The project includes verified carbon credits under The Gold Standard and Verra.
Carbon Streaming Corporation (OTCQB: OFSTF) reported its financial results for Q3 2022, with a net income of
Carbon Streaming Corporation (OTCQB: OFSTF) announced a carbon credit streaming agreement with Restoration Bioproducts to support a biochar production facility in Virginia. This project represents Carbon Streaming's first carbon stream for biochar and its first in the U.S., enhancing geographic diversification. The facility is projected to reduce over 161,000 tonnes of CO2 equivalent emissions over 25 years, generating an equal number of CO2 Removal Certificates (CORCs). Initial cash investment totals US$0.6 million, with further milestone payments expected.
Carbon Streaming Corporation (NEO: NETZ, OTCQB: OFSTF) will disclose its interim financial results for Q1 2022 on May 16, 2022. An investor conference call is scheduled for May 17, 2022, at 11:00 a.m. EDT, where details of the financial results will be shared. Participants can register for the call via a provided link, and a recording will be accessible on the Company’s website until June 1, 2022.
Carbon Streaming focuses on investing in carbon credit projects to support climate goals.
Carbon Streaming Corporation (OTCQB: OFSTF) has announced the appointment of Oliver Forster as Vice President of Sales. This strategic addition precedes the anticipated first delivery of carbon credits from prior streaming agreements. CEO Justin Cochrane praised Forster’s extensive background in carbon credit sales and corporate sustainability. With nearly a decade in climate action and consulting, Forster aims to bolster the company’s efforts in carbon credit acquisition and management, positioning Carbon Streaming for future growth.
Carbon Streaming Corporation has filed a Form 40-F with the SEC, a crucial step towards listing its common shares and warrants on Nasdaq. This move aims to broaden its shareholder base and provide investors with access to the emerging asset class of carbon credits. However, the listing is contingent on Nasdaq approval and the effectiveness of the Form 40-F, meaning there are no guarantees for the listing or its anticipated timeline. Until then, shares will continue to trade under the ticker OFSTF on the OTCQB.
Carbon Streaming Corporation (OTCQB: OFSTF) reported its financial results for the six months ended December 31, 2021, highlighting a cash position of
Carbon Streaming Corporation (OTCQB: OFSTF) announces participation in key industry conferences this February. CEO Justin Cochrane will present at the Stifel Global Carbon Conference on February 8 and engage in a panel discussion at the Canaccord Genuity Carbon & Energy Transition Conference on February 9. Additionally, both Cochrane and President Geoff Smith will speak during the Carbon Breakfast at the BMO Capital Markets Global Metals & Mining Conference from February 27 to March 2. These events emphasize the company's focus on carbon credits and its role in achieving net-zero goals.
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