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 (OTCQB: OFSTF; Cboe CA: NETZ; FSE: M2Q) publishes frequent news updates that provide insight into its carbon credit-focused business and corporate strategy. The company’s releases describe its focus on projects that generate high-quality carbon credits and have a positive impact on the environment, local communities, and biodiversity, alongside carbon reduction or removal outcomes.
News items often cover financial results, where Carbon Streaming reports on operating cash flow, revaluation of carbon credit streaming and royalty agreements, and changes in operating expenses. These updates also discuss its cash position, absence of corporate debt, and progress in reducing headcount and other costs as part of its efforts to improve financial sustainability.
Another key theme in the company’s news flow is portfolio and legal developments. Releases describe settlements and arbitration outcomes related to projects such as the Rimba Raya Biodiversity Reserve Project and the Magdalena Bay Blue Carbon Stream, as well as disputes and repayment agreements associated with the Amazon Portfolio Royalty and the Sustainable Community Stream. The company also reports on the status of other projects, including reforestation and ecosystem restoration initiatives, and discloses when it no longer expects to generate cash flow from certain streams.
Investors following OFSTF news will also see updates on strategic direction and governance, including the evaluation of strategic alternatives, annual general meeting results, director elections, and the appointment of expert consultants for significant litigation. Early warning press releases detail open-market share purchases and warrant exercises by the company’s chief executive officer, including resulting ownership percentages. Together, these news releases provide a detailed view of how Carbon Streaming manages its carbon credit portfolio, legal matters, and capital markets activities over time.
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.
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.