Anuncio • Apr 07
Carbon Streaming Corporation, Annual General Meeting, Jun 11, 2026 Carbon Streaming Corporation, Annual General Meeting, Jun 11, 2026. Anuncio • Jul 25
Carbon Streaming Corporation Announces Settlement Agreements Reached for Rimba Raya and Marvivo Projects Carbon Streaming Corporation announced that it has entered into two settlement agreements resolving disputes related to the Rimba Raya Biodiversity Reserve Project and the MarVivo Blue Carbon Conservation Project. Rimba Raya Project Settlement Carbon Streaming has reached a settlement with Infinite-Earth Limited, PT Infinite Earth Nusantara, certain of IE’s principals and related entities to resolve their dispute related to the Rimba Raya Project and the Company’s allegations of breach of the purchase and sale agreement between the Company and Infinite-Earth dated July 30, 2021, as amended on February 28, 2023, the strategic alliance agreement between the Company and the shareholders of Infinite-Earth Limited dated July 30, 2021, as amended on November 17, 2021 and related agreements. Key terms of the settlement include: Payment of USD 650,000 by the IE Parties to Carbon Streaming. The IE Parties will surrender for cancellation, 4,539,180 common shares in the capital of Carbon Streaming issued in connection with the SAA, to Carbon Streaming. These shares were previously issued to certain of the IE Parties. Termination of all existing contracts and legal relationships between Carbon Streaming and the IE Parties. Resolution of disputes between Carbon Streaming and the IE Parties without any admission of liability including: Termination of an arbitration proceeding between Carbon Streaming and IE and PT IE, in accordance with the purchase and sale agreement between Carbon Streaming and the operators of the Rimba Raya Project dated July 30, 2021, as amended on February 28, 2023.Termination of an arbitration proceeding between Carbon Streaming and IE and certain of IE’s principals and related entities in accordance with a strategic alliance agreement between Carbon Streaming and the shareholders of IE dated July 30, 2021, as amended on November 17, 2021.Dismissal of an Ontario court proceeding involving a claim and counterclaim between Carbon Streaming and certain of IE’s principals and related entities. The parties have agreed to a mutual release. The terms of the settlement agreement are expected to be implemented within 10 days. Carbon Streaming continues to pursue its damages related to the Rimba Raya Project against Justin Cochrane in a court proceeding filed April 14, 2025. MarVivo Project Settlement: Carbon Streaming has also reached a settlement with Fundación MarVivo México, A.C. and MarVivo Corporation in connection with the MarVivo Project. Key terms of the settlement include: Carbon Streaming accepts the MarVivo Parties’ abandonment of the MarVivo Project, effective September 20, 2024.Carbon Streaming agrees that MarVivo Corporation may be wound up or dissolved. Carbon Streaming maintains seven-year rights in the MarVivo Project if a MarVivo-affiliated party re-acquires rights to the MarVivo Project. The parties have agreed to a mutual release. Anuncio • Apr 09
Carbon Streaming Corporation, Annual General Meeting, Jun 18, 2025 Carbon Streaming Corporation, Annual General Meeting, Jun 18, 2025. Anuncio • Jul 05
Carbon Streaming Corporation (OTCPK:OFST.F) completed the acquisition of Blue Dot Carbon Corp for $1.6 million. Carbon Streaming Corporation (OTCPK:OFST.F) agreed to acquire Blue Dot Carbon Corp for $2.5 million on May 31, 2024. Total purchase price of $2.5 million, to be paid in common shares of Carbon Streaming (“Shares”). Mr. de Groot is a member of the board of directors of Blue Dot.Carbon Streaming Corporation (OTCPK:OFST.F) completed the acquisition of Blue Dot Carbon Corp for $1.6 million on July 3, 2024. consideration consists of issuance of 4.559333 million common shares. Anuncio • May 16
Carbon Streaming Announces Further Update on Rimba Raya Project Carbon Streaming Corporation provided an update on the status of the Forest Utilization Business License (the “Concession License”) at the Rimba Raya project. On April 26, 2024, the Company announced that it was informed of two third-party media reports that claimed that PT Rimba Raya Conservation (“PT Rimba”), the local concession holder for the Rimba Raya project, had its Concession License revoked by the Indonesian Government’s Ministry of Environment and Forestry (the “MOEF”). The Company has since learned that the Concession License was revoked by the MOEF through an administrative decree that was issued only to the addressee and is therefore not a publicly accessible document. InfiniteEARTH Limited and its Indonesian subsidiary PT InfiniteEARTH Nusantara, the project proponent of the Rimba Raya project (collectively “InfiniteEARTH”), with whom the Company had previously entered into the carbon credit streaming agreement covering the Rimba Raya project (the “Rimba Raya Stream”), has operated the Rimba Raya project through a series of agreements with PT Rimba, its local partner in Indonesia and the direct legal holder of the concession rights granted by the Indonesian Government pursuant to the Concession License. The Company confirmed the revocation of the Concession License by the MOEF through details about the decree published on the MOEF website in March 2024. PT Rimba has publicly stated that it has complied with Indonesian regulations on carbon trading and otherwise disputed the basis of the revocation of the Concession License, and the Company has confirmed that PT Rimba has filed a claim against the MOEF challenging the revocation of the Concession License before the State Administrative Court of Jakarta. In connection with such challenge, PT Rimba has also filed requests for the suspension of the implementation of the MOEF decree in respect of the revocation of the Concession License pending judicial determination of such appeal (which relief, to the knowledge of the Company, has not been granted to date). A final ruling from the State Administrative Court of Jakarta is currently anticipated during June 2024 (which ruling is subject to potential appeal by the parties). Based on MOEF documentation and records of the State Administrative Court of Jakarta, the Company has determined with its advisors that the Concession License was revoked by the MOEF on the basis that PT Rimba had transferred the Concession License to a third party without MOEF approval, that its carbon trading activity covered a land area greater than the area covered by the terms of the Concession License, and for non-payment of certain non-state revenue taxes payable to the MOEF under applicable Indonesian regulatory requirements. Carbon Streaming is assessing the ongoing situation and is engaged with its partners and local advisors. Carbon Streaming has been advised by InfiniteEARTH that it is taking steps in respect of the revocation of the Concession License and is also seeking clarifications from the MOEF as to the current status of the Concession License and the ramifications of the revocation, including on the status of InfiniteEARTH as the project proponent of the Rimba Raya project under the government-operated carbon registry, Sistem Registri Nasional Pengendalian Perubahan Iklim (“SRN”), and the impact on their rights to both historical and future credits as established through the collaboration agreement with PT Rimba. At the present time, the Company is evaluating all legal avenues to protect its investment in the Rimba Raya project and to strictly enforce its legal and contractual rights under the Rimba Raya Stream. In addition, Carbon Streaming will also continue to work closely with InfiniteEARTH on its active engagement with its local partners, the MOEF and the Indonesian Government to attempt to preserve the continuity of the Rimba Raya project. Anuncio • Apr 27
Carbon Streaming Corporation Provides Update on Rimba Raya Project Carbon Streaming Corporation provided an update on the Rimba Raya Project. The Company has learned of two third-party media reports that claim PT Rimba Raya Conservation ("PT Rimba"), the local concession holder at the Project, has had its Forest Utilization Business License (the "Concession License") revoked by the Indonesian Government's Ministry of Environment & Forestry ("MOEF"). Carbon Streaming is actively working with InfiniteEARTH Limited and Infinite-Earth Nusantara (collectively, "InfiniteEARTH"), the Company's Rimba Raya project proponent and owner of the carbon rights, and local Indonesian counsel to validate the claims made by the third-party media reports. To the best knowledge of the Company, the Concession License is held by PT Rimba Raya Conservation having been recently renewed in November 2021. Carbon Streaming is advised by InfiniteEARTH that it intends to dispute any revocation of the Concession License that would impact its carbon rights and is seeking clarification from the MOEF as to the current status of the Concession License and the ramifications of any such revocation, including on the status of InfiniteEARTH as the project proponent of Rimba Raya under the Indonesian government's national carbon registry, Sistem Registri Nasional Pengendalian Perubahan Iklim (the "SRN Registry"), and any impact on their rights to both historical and future credits as established through the collaboration agreement with PT Rimba Raya Conservation. To the knowledge of InfiniteEARTH, the status of InfiniteEARTH As project proponent of the Project has not changed, nor has the validation of the Project that InfiniteEARTH conducted with the SRN Registry been reversed. While unable to provide assurance regarding InfiniteEARTH's status on the SRN Registry, the status of the validation of the Project with the SRN Registry, or the status of the Concession License (and any related agreements), Carbon Streaming will continue to work closely with InfiniteEARTH on its active engagement with its local partners, the MOEF and the Indonesian Government to preserve the continuity of the Project. The Company entered into a purchase and sale agreement dated July 30, 2021 (the "Rimba Raya Stream") with InfiniteEARTH in respect of the Rimba Raya project. The Company will continue to update shareholders in respect of the RimbaRaya project and the Rimba Raya Stream. Anuncio • Apr 16
Carbon Streaming Corporation, Annual General Meeting, Jun 18, 2024 Carbon Streaming Corporation, Annual General Meeting, Jun 18, 2024. Anuncio • Sep 07
Carbon Streaming Announces Additional Steps to Position Company for Long-Term Success Carbon Streaming Corporation announced several proactive steps to reduce costs, protect its balance sheet, and continue to position the Company for long-term success. Carbon Streaming remains focused on executing its sales strategy through the marketing and selling of carbon credits and continuing to acquire select additional streams and royalties to diversify and complement its portfolio of projects. The Company currently has 22 carbon projects in 12 countries covering eight project types. The Company’s strong balance sheet enables Carbon Streaming to weather dynamic market conditions and is a competitive strength when negotiating potential transactions. Carbon Streaming has undertaken several important initiatives to reduce ongoing general and administrative expenses, generate additional income, and ensure that the Company is positioned to benefit from tailwinds that are driving the carbon credit market. As a result of a 40% reduction in executive headcount, a sublease of its Toronto office space, and the optimization of other expenses, the Company expects to deliver savings of over USD 3 million per annum. Carbon Streaming’s active treasury management program has also ensured that the Company’s cash balances are invested in high-interest accounts to generate additional income. Anuncio • Jul 22
Carbon Streaming Corporation announced that it has received $104.901256 million in funding from Osisko Gold Royalties Ltd and other investors Carbon Streaming Corporation announced a non-brokered private placement of 104,901,256 special warrants at a price of $1 per warrant for gross proceeds of $104,901,256 on July 20, 2021. Each special warrant will be automatically exercised for one common share of the company and one full common share purchase warrant with a term of 62 months at an exercise price of $1.50 per warrant. All special warrants issued under the transaction will be subject to a statutory four-month and a day hold period from the closing date. The transaction included participation from returning investor Osisko Gold Royalties Ltd for 4,000,000 warrants for gross proceeds of $4,000,000. Anuncio • Jun 04
Carbon Streaming Announces Investment into Two Carbon Credit Projects in the Bonobo Peace Forest Carbon Streaming Corporation announced it has entered into an exclusive term sheet with the Bonobo Conservation Initiative (“BCI”) to provide initial funding for BCI to develop two carbon credit projects within the Bonobo Peace Forest (“BPF”) located in the Democratic Republic of Congo (“DRC”). These projects are dedicated to the preservation of the endangered bonobo species (Pan paniscus), a great ape and one of humanity’s closest genetic relatives, and their native rainforest habitat. The Bonobo Peace Forest is a growing network of community-managed protected areas, creating a unique biodiversity conservation corridor for bonobos and other wildlife. The BPF currently spans 5,258,700 hectares (ha), an area larger than Massachusetts, Connecticut and Rhode Island combined. The two projects account for over 67% of the total area within the BPF and offer a combined potential to avoid and remove hundreds of million tonnes of carbon dioxide equivalent (CO2e) over the 30-year span of the agreement. These projects also generate multiple social and economic benefits for local communities who will spearhead the biodiversity conservation measures. The two carbon credit projects in the BPF will mitigate current threats of deforestation and degradation through natural resource management. They are located within the Sankuru Nature Reserve (3,057,000 ha) and the Kokolopori Bonobo Reserve (479,480 ha). The Sankuru Reserve contains some of the biomass forests in the Congo Basin at 400+ tonnes per hectare. The Kokolopori Bonobo Reserve is BCI’s community conservation site and boasts one of the known bonobo populations. Several bonobo groups here are uniquely habituated to the presence of humans, affording opportunities for scientific research and ecotourism. The REDD+ framework developed by the United Nations Framework Convention on Climate Change (UNFCCC) will be used to define the projects, both of which are anticipated to be certified through the Verified Carbon Standards (VCS) administered by Verra, an international institution based in Washington D.C. that manages carbon credit standards. Anuncio • May 13
Carbon Streaming Corporation announced that it has received CAD 11.611 million in funding Carbon Streaming Corporation (OTCPK:MXVD.F) announced a private placement of 11,611,000 shares at a price of CAD 1.00 per share for gross proceeds of CAD 11,611,000 on May 12, 2021. Anuncio • Mar 25
Carbon Streaming Corporation announced that it has received CAD 32.474451 million in funding Carbon Streaming Corporation (OTCPK:MXVD.F) announced a private placement of 43,299,268 units at CAD 0.75 per unit for gross proceeds of CAD 32,474,451 on March 24, 2021. Each unit is comprised of one common share in the capital of the company and one share purchase warrant exercisable to acquire an additional share at CAD 1.50 for five years from the date of issuance.