Biloxi Marsh Lands Corporation Announces Date of 2022 Annual Meeting of Shareholders, Results for the Fourth Quarter of 2021, 12 Months ended December 31, 2021 and provides update

Rhea-AI Summary

Biloxi Marsh Lands Corporation (BLMC) announced that its 2022 Annual Meeting of Shareholders will take place on May 11, 2022, at 10:30 a.m. in Metairie, Louisiana. The company has revealed its financial results for Q4 2021 and the full year ending December 31, 2021, which are available on its website. Additionally, effective March 9, 2022, BLMC entered into a significant long-term CO₂ Injection Agreement with Denbury Carbon Solutions, LLC, enabling the sequestration of CO₂ beneath its property in St. Bernard Parish, LA.

Positive

• Entered a long-term CO2 Injection Agreement with Denbury Carbon Solutions, enhancing environmental sustainability efforts.
• Financial results for Q4 2021 and full year 2021 are made available, providing transparency to investors.

Negative

• None.

METAIRIE, La.--(BUSINESS WIRE)-- Biloxi Marsh Lands Corporation (BLMC) announces that the 2022 Annual Meeting of Shareholders will be held on Wednesday May 11, 2022 at 10:30 a.m. at our office in Metairie, Louisiana.

The Company has posted its results for the fourth quarter of 2021 and the 12 months ended December 31, 2021 on the Company’s website www.biloximarshlandscorp.com.

Effective March 9, 2022 the Company entered into a long-term CO₂ Injection Agreement with Denbury Carbon Solutions, LLC, the carbon capture, utilization, and storage (“CCUS”) business subsidiary of Denbury, Inc. (NYSE: DEN). This agreement allows the injection and sequestration of CO₂ beneath the Company’s property located in St. Bernard Parish, LA.

The Company recommends that investors and all interested parties visit its website to view historical press releases, historical financial statements, and other relevant information. All inquiries should be made through the Contact Mailbox on the Company’s website: http://www.biloximarshlandscorp.com/contact/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220317005681/en/

Biloxi Marsh Lands Corporation

Eric Zollinger: 504-837-4337

Source: Biloxi Marsh Lands Corporation

FAQ

What date will the Biloxi Marsh Lands Corporation's 2022 Annual Meeting be held?

The 2022 Annual Meeting of Shareholders will be held on May 11, 2022.

Who is Biloxi Marsh Lands Corporation partnering with for the CO2 Injection Agreement?

Biloxi Marsh Lands Corporation has entered into a CO2 Injection Agreement with Denbury Carbon Solutions, LLC.

What are the financial results for Biloxi Marsh Lands Corporation for 2021?

The financial results for Q4 2021 and the full year ending December 31, 2021, are available on their website.

Where is the property for the CO2 Injection Agreement located?

The CO2 Injection Agreement pertains to property located in St. Bernard Parish, Louisiana.