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Base Carbon Announces Receipt of First Correspondingly Adjusted Article 6 Authorized Carbon Credits
TORONTO, April 08, 2024 (GLOBE NEWSWIRE) — Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”, together, with affiliates, “Base Carbon”, or the “Compa
In respect of the Rwanda cookstoves project, certain assumptions that influence the commercial success of such project, including the timing and number of expected carbon credits, include, but not limited to, among other things: (i) distributed cookstoves perform to specification when used and participating households use the devices as contemplated by project estimates, (ii) the Company’s in-country project partner, being the DelAgua, performs its obligations in connection with the operation of the project, (iii) continued support of the project and compliance with LOA by the Government of Rwanda, and (iv) continued participant involvement and public support of the voluntary carbon market. Read More
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