CORRECTION BY SOURCE: Karbon-X Corp Retires 27 Tonnes of CO2 in the Name of ATCO Two Rivers from Snow Removal Activities In Northeast British Columbia

Rhea-AI Summary

Karbon-X Corp (OTC PINK:KARX) announced its successful offset of 27 tonnes of CO2 emissions related to snow removal activities using high-quality Verra VCU carbon offsets. The offsets, retired on behalf of ATCO Two Rivers Camp Services LTD, were facilitated by ACL Construction in Fort St John, BC. Karbon-X CEO Chad Clovis highlighted ACL's commitment to environmental leadership and voluntary emission reduction. ACL Construction has adopted energy-efficient practices and carbon offsets as part of their strategy. The company positions itself as a leader in environmental stewardship, demonstrating a shift towards sustainability in the industry.

Karbon-X specializes in carbon marketing and aims to promote green economy growth through investing in projects generating carbon credits.

Positive

• Successfully offset 27 tonnes of CO2 emissions.
• Retired carbon offsets on behalf of a reputable client, ATCO Two Rivers Camp Services LTD.
• Partnership with ACL Construction emphasizes the company's leadership in environmental stewardship.

Negative

• None.

This press release updates the verbiage used in the previous release

CASTLEGAR, BC / ACCESSWIRE / April 17, 2023 / Karbon-X Corp (OTC PINK:KARX) an innovative carbon marketing and project development company, announced today that the Company has offset 27 tonnes of CO2 emissions from snow removal activities with high quality Verra VCU carbon offsets. These offsets were retired in the name of ATCO Two Rivers Camp Services LTD with the snow removal work being completed by ACL Construction in Fort St John.

"ACL Construction out of Fort St John British Columbia is a leader in the civil earthworks space, they realized early on that reducing the emissions being created from business activities was an important tool that not only reduced the co2 footprint of the company but allowed the business to stage itself as an environmental leader." said Karbon-X CEO Chad Clovis. "ACL is leading the pack in voluntary environmental stewardship; they don't have to do this but feel it's their responsibility and with clients such as ATCO getting on board with the reduction plans it shows the way industry is shifting."

Thomas Hall President of ACL commented. "We are committed to reducing our carbon footprint through using energy efficient equipment, reducing our waste, using carbon offsets from verified projects and using new environmental criteria when we select suppliers. ACL will also enable our customers to reduce their environmental footprint through use of our services." John McPherson, Vice President at ACL Construction added: "ACL is proud to have clients such as ATCO support our company's emission reduction targets reducing through our systems."

About Karbon-X Corp

Karbon-X is a tech-based carbon marketing company specializing in selling carbon credits direct to business or through an owned APP to the everyday person while investing in projects that have the potential to generate carbon credits and supplies in an online social media community to encourage change and growth of the green economy.

On behalf of Karbon-X Corp

For more information, visit http://www.karbon-x.com or contact:

Chad Clovis
cc@karbon-x.com
+1-250-608-5435

For investor information, please contact:

Marita Dautel
Executive Vice President
md@karbon-x.com
+1-250-608-4805

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION.

Forward-Looking Statements:

This press release contains "forward-looking information" within the meaning of applicable securities laws in Canada or the United States ("forward-looking information"). Forward-looking information may relate to the Company's future outlook and anticipated events, plans or results, and may include information regarding the Company's objectives, goals, strategies, future revenue or performance and capital expenditures, and other information that is not historical information. Forward-looking information can often be identified by the use of terminology such as "believe," "anticipate," "plan," "expect," "pending," "in process," "intend," "estimate," "project," "may," "will," "should," "would," "could," "can," the negatives thereof, variations thereon and similar expressions. The forward-looking information contained in this press release is based on the Company's opinions, estimates and assumptions in light of management's experience and perception of historical trends, current conditions and expected future developments, as well as other factors that management currently believes are appropriate and reasonable in the circumstances.

SOURCE: Karbon-X Project Inc.

View source version on accesswire.com:
https://www.accesswire.com/749547/CORRECTION-BY-SOURCE-Karbon-X-Corp-Retires-27-Tonnes-of-CO2-in-the-Name-of-ATCO-Two-Rivers-from-Snow-Removal-Activities-In-Northeast-British-Columbia

FAQ

What recent achievement did Karbon-X Corp announce on April 17, 2023?

Karbon-X Corp announced that it offset 27 tonnes of CO2 emissions from snow removal activities using high-quality Verra VCU carbon offsets.

Which company did Karbon-X partner with for CO2 offsetting?

Karbon-X partnered with ACL Construction for CO2 offsetting activities.

What is the significance of the 27 tonnes CO2 offset by Karbon-X?

The 27 tonnes CO2 offset highlights Karbon-X's commitment to sustainability and environmental leadership in the carbon market.

What sector does Karbon-X Corp operate in?

Karbon-X Corp operates in the carbon marketing and project development sector, specializing in selling carbon credits.

What is the stock symbol for Karbon-X Corp?

The stock symbol for Karbon-X Corp is KARX.