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BASE CARBON INC (BCBNF) is a leading company in the renewable energy sector, specializing in innovative projects worldwide. Their core business focuses on developing sustainable solutions for household devices, cookstoves, and nature-based removals in countries like Vietnam, Rwanda, and India. With a strong financial position and strategic partnerships, BASE CARBON INC continues to drive positive change and growth in the industry.
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Base Carbon Inc. announces strong year-end 2023 financial results, including monetization of 1.1 million carbon credits generating $6.4 million, partnership with STX for carbon removal projects, and progress updates on Vietnam, Rwanda, and India projects.
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Base Carbon Inc. (BCBNF) provides a corporate update and outlook for 2024, highlighting 2023 achievements and 2024 expectations. The company anticipates significant production and capital returns from its carbon projects in 2024, including the receipt of approximately 6 million carbon credits from the Vietnam household devices project and approximately 2.1 million carbon credits from the Rwanda cookstoves project. Base Carbon also executed a high-quality nature-based carbon removal project agreement in 2023 and a partnership with STX to establish an innovative fund for institutional investors to participate in offtake supported high-quality carbon removal projects.
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STX Group (NEO: BCBN) (OTCQX: BCBNF) and Base Carbon Inc. announce the execution of a Letter of Intent (LOI) to jointly launch a new investment vehicle focused on developing innovative carbon removal projects. The new vehicle aims to bring integrity and scale to global markets seeking high-quality carbon removals. Investor marketing and project off-taker discussions are expected to begin in early 2024.
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Base Carbon Inc. (NEO: BCBN) (OTCQX: BCBNF) has received the 'Article 6 Authorized Label' from Verra for its Rwanda cookstove project, marking the first time Verra has applied such label to a carbon project registered in its Verified Carbon Standard Program. This achievement is expected to expand the pool of buyers and increase market breadth for the company's correspondingly adjusted carbon credits. Base Carbon invested US$8,825,000 in the project and expects the first issuance of carbon credits to occur in Q1 2024.
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Base Carbon Inc. (NEO: BCBN) (OTCQX: BCBNF) announces third-quarter 2023 consolidated financial results, including a new nature-based carbon removal project in India, capital deployment in Vietnam, and a net loss of $1.7 million. The company also purchased 4,476,920 common shares for cancellation under its NCIB program.
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Base Carbon Inc. (NEO: BCBN) (OTCQX: BCBNF) will host an investor update call on November 15, 2023, providing a business update and responding to investor questions.
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Base Carbon Inc. (NEO: BCBN) (OTCQX: BCBNF) announced its second-quarter 2023 financial results, with $9.96mm in cash, $104.1mm net income, and $1.95mm realized net gain from carbon credits. The Vietnam Project is 91% complete, generating $6.4mm settlement proceeds and $104.7mm unrealized accounting gain. The company also renewed its NCIB and may purchase up to 7,974,471 common shares in the next 12 months.
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FAQ
What is the current stock price of BASE CARBON (BCBNF)?
The current stock price of BASE CARBON (BCBNF) is $0.3201 as of October 15, 2024.
What is the market cap of BASE CARBON (BCBNF)?
The market cap of BASE CARBON (BCBNF) is approximately 36.9M.
What is BASE CARBON INC known for?
BASE CARBON INC is known for its work in the renewable energy sector, focusing on sustainable solutions for household devices, cookstoves, and nature-based removals.
In which countries does BASE CARBON INC operate?
BASE CARBON INC operates in countries like Vietnam, Rwanda, and India, where they are involved in projects related to renewable energy and sustainability.
What are some recent achievements of BASE CARBON INC?
Some recent achievements of BASE CARBON INC include advancements in the Vietnam Household Devices Project, Rwanda Cookstoves Project, and India Nature Based Removals Project.
Who are BASE CARBON INC's key partners?
BASE CARBON INC partners with various institutions and investors to support their projects and initiatives in the renewable energy sector.
How is BASE CARBON INC's financial condition?
BASE CARBON INC maintains a strong financial position, supported by their projects and partnerships in the renewable energy industry.
What is the focus of BASE CARBON INC's core business?
The core business of BASE CARBON INC revolves around developing sustainable solutions for household devices, cookstoves, and nature-based removals.
How can I stay updated on BASE CARBON INC's latest news?
To stay updated on BASE CARBON INC's latest news and developments, visit their official website or follow their social media channels.
Where can I find more information about BASE CARBON INC?
For more information about BASE CARBON INC, you can visit their official website or contact their investor relations team.
What sets BASE CARBON INC apart in the renewable energy sector?
BASE CARBON INC stands out in the renewable energy sector due to their innovative projects, strong financial position, and strategic partnerships.
What is BASE CARBON INC's outlook for the future?
BASE CARBON INC has a positive outlook for the future, with ongoing projects and initiatives aimed at driving sustainable growth and impact in the renewable energy industry.
BASE CARBON INC
OTC:BCBNF
BCBNF Rankings
BCBNF Stock Data
36.88M
79.83M
27.56%
6.98%
Asset Management
Financial Services
United States of America
Toronto