BluSky Carbon Enters Joint Venture with Red Mountain Biochar
BluSky Carbon Inc. (CSE:BSKY)(OTCQB:BSKCF) has entered into a Joint Venture Agreement with Texas-based Red Mountain Biochar, to form BluMountain Carbon. The venture aims to commercialize biochar offtake and project financing opportunities, focusing on the Southern United States. Key areas include biochar production, carbon removal technologies, and related industries.
The partnership combines Red Mountain's expertise in transforming forestry and agricultural waste into high-quality biochar with BluSky's technological and carbon markets knowledge. The JV will be funded on a 50/50 basis, with no commitment to specific activities.
Additionally, BluSky has engaged DSS-Digital Service Solution GmbH for investor relations activities, including content creation and search engine optimization, for a fee of USD$15,000.
BluSky Carbon Inc. (CSE:BSKY)(OTCQB:BSKCF) ha stipulato un Accordo di Joint Venture con la texana Red Mountain Biochar, per formare BluMountain Carbon. L'iniziativa mira a commercializzare l'offtake di biochar e opportunità di finanziamento per progetti, concentrandosi nel Sud degli Stati Uniti. Le aree chiave includono la produzione di biochar, tecnologie di rimozione del carbonio e settori correlati.
La partnership combina l'esperienza di Red Mountain nella trasformazione di rifiuti forestali e agricoli in biochar di alta qualità con la conoscenza tecnologica e dei mercati del carbonio di BluSky. La JV sarà finanziata su base 50/50, senza impegno a specifiche attività.
Inoltre, BluSky ha ingaggiato DSS-Digital Service Solution GmbH per attività di relazioni con gli investitori, incluso la creazione di contenuti e l'ottimizzazione per i motori di ricerca, per una fee di USD$15,000.
BluSky Carbon Inc. (CSE:BSKY)(OTCQB:BSKCF) ha suscrito un Acuerdo de Joint Venture con la empresa texana Red Mountain Biochar para formar BluMountain Carbon. La iniciativa tiene como objetivo comercializar el offtake de biochar y oportunidades de financiación de proyectos, enfocado en el sur de los Estados Unidos. Las áreas clave incluyen la producción de biochar, tecnologías de eliminación de carbono y sectores relacionados.
La asociación combina la experiencia de Red Mountain en la transformación de desechos forestales y agrícolas en biochar de alta calidad con el conocimiento tecnológico y de mercados de carbono de BluSky. La JV se financiará en una base 50/50, sin compromiso a actividades específicas.
Además, BluSky ha contratado a DSS-Digital Service Solution GmbH para actividades de relaciones con inversores, incluyendo la creación de contenidos y la optimización para motores de búsqueda, por una tarifa de USD$15,000.
BluSky Carbon Inc. (CSE:BSKY)(OTCQB:BSKCF)는 텍사스에 본사를 둔 Red Mountain Biochar와 함께 합작 투자 계약을 체결하여 BluMountain Carbon을 설립하였습니다. 이 사업은 남부 미국을 중심으로 바이오차 오프테이크 및 프로젝트 자금 조달 기회를 상용화하는 것을 목표로 하고 있습니다. 주요 영역으로는 바이오차 생산, 탄소 제거 기술 및 관련 산업이 포함됩니다.
이 파트너십은 레드 마운틴의 임업 및 농업 폐기물을 고품질 바이오차로 변환하는 전문성과 BluSky의 기술 및 탄소 시장 지식을 결합합니다. JV는 구체적인 활동에 대한 약속 없이 50/50 기준으로 자금을 지원받습니다.
추가로, BluSky는 투자자 관계 활동을 위해 DSS-Digital Service Solution GmbH와 계약을 체결하였으며, 콘텐츠 제작 및 검색 엔진 최적화를 포함하여 USD$15,000의 비용이 발생합니다.
BluSky Carbon Inc. (CSE:BSKY)(OTCQB:BSKCF) a conclu un Accord de Joint Venture avec Red Mountain Biochar, basé au Texas, pour former BluMountain Carbon. L'entreprise vise à commercialiser les contrats d'achat de biochar et les opportunités de financement de projets, en se concentrant sur le sud des États-Unis. Les domaines clés incluent la production de biochar, les technologies de suppression du carbone et les secteurs connexes.
Ce partenariat combine l'expertise de Red Mountain dans la transformation des déchets forestiers et agricoles en biochar de haute qualité avec les connaissances technologiques et des marchés du carbone de BluSky. La JV sera financée sur une base 50/50, sans engagement à des activités spécifiques.
De plus, BluSky a engagé DSS-Digital Service Solution GmbH pour des activités de relations investisseurs, y compris la création de contenu et l'optimisation pour les moteurs de recherche, pour des frais de USD$15,000.
BluSky Carbon Inc. (CSE:BSKY)(OTCQB:BSKCF) hat eine Joint Venture-Vereinbarung mit dem texanischen Unternehmen Red Mountain Biochar abgeschlossen, um BluMountain Carbon zu gründen. Das Unternehmen zielt darauf ab, Biochar-Abnahmeverträge und Projektfinanzierungsmöglichkeiten zu kommerzialisieren, mit einem Fokus auf den Süden der Vereinigten Staaten. Zu den Hauptbereichen gehören die Produktion von Biochar, Technologien zur Kohlenstoffentfernung und verwandte Industrien.
Die Partnerschaft kombiniert die Expertise von Red Mountain in der Umwandlung von Forst- und Landwirtschaftsabfällen in hochwertiges Biochar mit dem technologischen Wissen und den Kenntnissen über Kohlenmärkte von BluSky. Das Joint Venture wird auf einer 50/50-Basis finanziert, ohne Verpflichtung zu spezifischen Aktivitäten.
Darüber hinaus hat BluSky die DSS-Digital Service Solution GmbH für Investor Relations-Aktivitäten beauftragt, einschließlich der Inhaltserstellung und Suchmaschinenoptimierung, für eine Gebühr von USD$15,000.
- Joint Venture agreement with Red Mountain Biochar to expand biochar commercialization opportunities
- Potential for increased revenue through biochar production and carbon removal technologies
- Access to Red Mountain's pipeline of project and sales opportunities
- Expanded market reach in the Southern United States
- No commitment to funding or pursuing specific activities in the Joint Venture
- Additional expense of USD$15,000 for investor relations services
OLD SAYBROOK, CT and VANCOUVER, BC / ACCESSWIRE / October 11, 2024 / BluSky Carbon Inc. (CSE:BSKY)(OTCQB:BSKCF)(FWB:QE4)(WKN:A401NM) ("BluSky" or the "Company"), an innovative entry into the carbon removal clean technology sectoris pleased to announce that it has entered into a Joint Venture ("JV" or "Joint Venture") Agreement (the "Agreement") with Texas-based Red Mountain Biochar, LLC ("Red Mountain"), a company with which it already has a contractual relationship (please see news release dated July 31, 2024) for the creation of a business venture to be known as BluMountain Carbon.
The purpose of the Joint Venture is to commercialize multiple potential biochar offtake and project financing opportunities for the benefit of each of the Company and Red Mountain, with a particular emphasis on the Southern United States and the (i) production and processing of biochar, (ii) deployment of carbon removal technologies, and (iii) exploration and deployment of opportunities in related industries and technologies, as well as other commercial opportunities that the Joint Venture may identify from time to time. The parties intend to fund joint venture activities on a 50/50 basis and neither party is committed to funding or pursuing any particular activity.
Red Mountain CEO Bill Wyatt states, "BluSky Carbon is establishing itself as a global leader in biochar production. BluSky's technology, the sophistication of their operations, and the professionalism of their team make it a no-brainer to partner. BluSky is the missing link for the many opportunities we have in our pipeline."
Red Mountain was founded to transform forestry and agricultural waste into high-quality biochar, driving sustainability and innovation in the concrete, steel, and agricultural industries. The company brings extensive experience in identifying solutions for the transformation of industrial-scale residual biomass waste products into sustainable, eco-friendly revenue-generating alternatives utilizing modern cost-effective carbon removal technologies. BluSky brings technological, manufacturing and carbon markets opportunities to this equation.
BluSky CEO Will Hessert notes, "Red Mountain Biochar is led by a tremendous team that has extensive expertise in business development, manufacturing, and lumber industry practices. Additionally, Red Mountain has built a strong pipeline of opportunities for projects, sales agreements, and project financing opportunities. Married with our expertise in technology and carbon markets, we are excited to have this opportunity to join with them to pursue mutually advantageous projects as industry partners."
The Company is also pleased to announce that it has engaged DSS-Digital Service Solution GmbH ("DSS") (with an address at 43/Top 4, 1070 Wien, Neubaugasse, Austria) for the provision of certain content creation, search engine keyword optimization and other investor relations activities. BluSky has engaged DSS to provide its services effective immediately, in consideration for a cash payment of USD
About BluSky Carbon Inc. (CSE:BSKY)(OTCQB:BSKCF)(FWB:QE4)(WKN:A401NM)
BluSky is a renewable energy company that is in the business of putting Carbon back into the ground - where it belongs! The Company converts organic and industrial waste into biochar, renewable power and carbonate rocks, as well as the development and sale of carbon capture technology. BluSky's primary objectives are to (1) construct carbon removal equipment; (2) sell the biochar produced by the carbon removal equipment; and (3) sell carbon credits generated from the production of biochar. The Company's business model is based on the growing need for carbon neutrality and demand to reduce CO2 emissions.
BluSky Carbon is publicly listed in Canada on the CSE with the trading symbol BSKY, on the OTCQB as BSKCF, and in Frankfurt, Germany (FWB) with the identifier QE4. BluSky's public filings and related documents are available on the Company's profile page on SEDAR+ at www.sedarplus.ca. For more information about the Company, please visit https://bluskycarbon.com/, watch our video, and sign up to receive news alerts or join us on social media at Facebook, X (formerly twitter), Instagram, or LinkedIn.
ON BEHALF OF THE COMPANY
William ("Will") Hessert
Chief Executive Officer
BluSky Carbon Inc.
35 Research Parkway,
Old Saybrook, CT, 06475
Tel. (860) 577-2080
Web, https://bluskycarbon.com/
Email. info@bluskycarbon.com
Sales or partner opportunities:
Greg Pakiela, Business Development
greg.pakiela@bluskycarbon.com
Forward Looking Information Disclaimer
This release contains statements and information that, to the extent that they are not historical fact, may constitute "forward-looking information" within the meaning of applicable securities legislation based on current expectations, estimates, forecasts, projections, beliefs and assumptions made by management of BluSky about the industry in which it operates. Forward-looking information in this news release includes, but is not limited to, discussion of the purpose of the joint venture, the parties intention to fund opportunities on a 50/50 basis, and the ability of the joint venture to identify and pursue suitable opportunities. In some cases, forward-looking statements can be identified by terms such as "may", "would", "could", "will", "likely", "except", "anticipate", "believe", "intend", "plan", "forecast", "project", "estimate", "outlook", or the negative thereof or other similar expressions concerning matters that are not historical facts.
Forward-looking information is based on current expectations, assumptions, estimates, forecasts, projections, analysis and opinions of management made considering its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. In particular, there is a risk that the Company's plans with respect to the joint venture may fail to materialize as contemplated or at all. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking information speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking information. The Company does not undertake any obligation to update any forward-looking information to reflect information or events after the date on which it is made or to reflect the occurrence of unanticipated events, except as required by law, including securities laws.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
SOURCE: BluSky Carbon Inc.
View the original press release on accesswire.com
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