Carbon Streaming Corporation Stock Price, News & Analysis

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 $103.9 million with no corporate debt. The company invested $62.2 million in carbon credit projects, including a significant agreement with MarVivo Corporation. However, a net loss of $47.3 million was noted, primarily due to a non-cash charge related to warrant liabilities. The carbon market continues to thrive, with credits trading at an average of $14.88.

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.

Carbon Streaming Corporation (OTCQB: OFSTF) will announce its interim financial results for the quarter ended December 31, 2021, before the market opens on February 14, 2022. An investor conference call to discuss these results is scheduled for February 15, 2022, at 11:00 a.m. EST. Participants can register for the call to receive detailed instructions. The company focuses on carbon credit investments, helping projects that contribute to carbon neutrality and net-zero goals. More updates can be found on the company website.

Carbon Streaming Corporation (OTCQB: OFSTF) announced its 2022 strategic objectives, highlighting plans to acquire additional carbon credit streams and royalty investments. CEO Justin Cochrane noted that 2021's growth was slower due to due diligence delays. The company anticipates delivering 7 million carbon credits from existing investments, with an estimated range of 6.4 million to 7.4 million credits for 2022. Additionally, Carbon Streaming aims to advance its U.S. listing strategy and plans a new logo reflecting its mission.

Carbon Streaming Corporation has appointed Alice Schroeder to its Board of Directors, enhancing governance and expertise in line with its U.S. listing strategy. Chairman Maurice Swan emphasized her extensive experience in finance and international boards, beneficial for executing international investments. Schroeder's notable background includes roles at Prudential and HSBC, contributing to governance, risk management, and ESG initiatives. As a shareholder, she aims to positively impact local communities while maximizing shareholder returns.

Carbon Streaming Corporation (OTCQB: OFSTF) has announced its shares will begin trading on the OTCQB Market effective November 22, 2021. This uplisting from the OTC Pink Sheets aims to attract a wider range of investors and support the company's growth strategy. The CEO, Justin Cochrane, indicated this move serves as a stepping stone towards a potential main board U.S. listing in 2022. Carbon Streaming remains committed to facilitating carbon offset projects through its investments.

Carbon Streaming Corporation announces the automatic conversion of its special warrants into common shares and warrants on November 20, 2021. The new warrants will be listed on the NEO Exchange starting November 24, 2021. This initiative will provide the company with significant cash resources, supporting its investment strategy. Originally issued in July 2021, the special warrants totaled approximately US$104.9 million. After a recent consolidation, holders of these warrants will benefit from a reduced total of 20,980,250 special warrants.