Base Carbon Provides Corporate Update and Announces Investor Update Call [Financial Post (Toronto, Ontario, Canada)]
Citigroup, Inc. (C)
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US:NYSE Investor Relations:
citigroup.com/citi/investor/pres.htm
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Source: Financial Post
TORONTO, April 18, 2024 (GLOBE NEWSWIRE) — Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (together, with affiliates, “ Base Carbon ”, or the “ Company ”), is pleased to announce that it has received approximately US$10.7 million from the monetization of carbon credits generated from its Vietnam project. The Company will host an investor update call on Tuesday, April 23, 2024, at 11:00 a.m. Eastern Time to discuss recent project developments, 2023 financial results and the 2024 Company outlook. Registration instructions are provided below. Article content Highlights Article content Base Carbon has received payment of approximately US$10.7 million from the Vietnam project offtaker in connection with delivery of approximately 1.85 million cookstove carbon credits. The Company anticipates receiving an additional offtake payment of approximately US$1.8 million over the coming days pursuant
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