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KARBON-X CORP - KARX STOCK NEWS

Welcome to our dedicated page for KARBON-X news (Ticker: KARX), a resource for investors and traders seeking the latest updates and insights on KARBON-X stock.

KARBON-X CORP (KARX) is a pioneering environmental organization dedicated to combating climate change through innovative carbon offset projects. Recent achievements include partnerships with Laconic Infrastructure Partners Inc. and Silviculture Systems Corp to develop cutting-edge Biochar Verification Methodology and acquire stakes in reforestation projects. Karbon-X's mission is to empower individuals to drive positive change for the planet through sustainable practices and eco-friendly technologies.

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CM-Equity AG, a Munich-based investment house, has partnered with Karbon-X to offset 100% of their greenhouse gas emissions. The initiative covers Scope 1 (fuels), Scope 2 (electricity), and Scope 3 emissions (transmission and distribution losses, material use, and air transportation). The carbon offsetting will be implemented through third-party-certified projects verified by the Verra Standard, ensuring transparency and accountability. CEO Michael Kott emphasized the importance of working with trusted sources, citing Karbon-X as a market leader and trusted ESG partner.

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Karbon-X and OEG Sports & Entertainment (OEGSE) have announced a partnership agreement that will feature the Karbon-X logo on Edmonton Oilers away jerseys through the 2026-27 NHL season. Karbon-X, which works with industry-leading energy companies, specializes in helping businesses reduce carbon emissions through innovative solutions and strategic partnerships. The collaboration aims to support the Northern Alberta energy sector while promoting sustainable practices. As part of the agreement, OEGSE will also work with Karbon-X to review and reduce its own carbon footprint.

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Karbon-X Corp and Drax Group PLC have officially launched a groundbreaking partnership in green energy and sustainability. The new agreement facilitates transactions in carbon offsets, building on their earlier Carbon Dioxide Removal (CDR) agreement to remove 25,000 tons of CO2 from the atmosphere. This collaboration aims to drive innovation in carbon removal and green energy generation.

The partnership combines Karbon-X's advanced carbon offsetting technology with Drax's leadership in sustainable energy projects to create integrated solutions for large-scale carbon removal and overall sustainability efforts. This initiative represents a significant step in transitioning economies from carbon emission producers to active participants in carbon reduction and removal.

Ross McKenzie, SVP of Corporate Affairs & Business Development at Drax, emphasized the importance of investing in high-value carbon removals and highlighted the progress in delivering Bioenergy with Carbon Capture and Storage (BECCS) in the United States.

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Karbon-X (OTC PINK:KARX) has partnered with the Banff Marathon to offset the environmental impact of the event. This collaboration aims to neutralize the carbon footprint of the marathon, which attracts global participants, by using 956 VERRA carbon credits. Brightspot, a sustainability consulting firm, assessed the marathon's carbon emissions from transportation, energy consumption, and waste. Karbon-X, leveraging its verified carbon offset projects, provided the necessary offsets to counter these emissions. This partnership underscores a trend towards sustainability in event management, highlighting the importance of carbon offsetting in protecting Banff National Park and promoting eco-friendly practices.

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Drax Group and Karbon-X partner to advance BECCS technology in the US, with a deal worth $8.75 million for 25,000 metric tons of carbon storage.
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Karbon-X appoints Brett Hull and Justin Bourque to its Board of Directors, enhancing its carbon offsetting mission.
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Karbon-X Project Inc. partners with Revive Terra Corps to initiate a biochar manufacturing project in Liberia, aiming at environmental sustainability, economic growth, and biodiversity enhancement. The partnership includes a 50% share for Karbon-X in future biochar offsets, showcasing a joint commitment to environmental restoration.
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Karbon-X Corp. announces partnership with MSDC and Âsokan to form Askiy Karbon Ltd., a joint venture focused on sustainable environmental solutions and Indigenous prosperity in Canada.
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Karbon-X signs LOI with Heimdal for a strategic partnership to develop a DAC plant in Oklahoma
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Karbon-X Corp finalizes agreement to acquire 80% of Silviculture Systems Corp for $7,300,000 USD in cash and stock transaction. Karbon-X now owns 32% of SCS with remaining ownership to be acquired in tranches. SCS plans to plant 250,000 trees this season and develop a biochar facility. Positive impact on stock price expected due to synergies and potential for scaling efforts.
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FAQ

What is the current stock price of KARBON-X (KARX)?

The current stock price of KARBON-X (KARX) is $1.5 as of June 4, 2024.

What is the market cap of KARBON-X (KARX)?

The market cap of KARBON-X (KARX) is approximately 125.1M.

What are some of the recent achievements of KARBON-X CORP?

KARBON-X has partnered with Laconic Infrastructure Partners Inc. and Silviculture Systems Corp to develop a Biochar Verification Methodology and acquire stakes in reforestation projects.

What is the mission of KARBON-X CORP?

KARBON-X's mission is to combat climate change through innovative carbon offset projects and empower individuals to drive positive change for the planet.

How does KARBON-X CORP contribute to sustainability?

KARBON-X promotes sustainable practices and eco-friendly technologies to reduce greenhouse gas emissions and address environmental challenges.

KARBON-X CORP

OTC:KARX

KARX Rankings

KARX Stock Data

125.12M
46.21M
44.63%
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