Base Carbon to Commence Trading on the OTCQX® Best Market
August 18 2022 - 8:00AM
Base Carbon Inc.
(NEO:
BCBN) ("
Base Carbon", or
the "
Company"), is pleased to announce that it has
been approved to commence trading of its common shares on the
OTCQX® Best Market (“
OTCQX”), beginning today
under the ticker symbol “BCBNF”.
Michael Costa, Chief Executive Officer of Base
Carbon commented, “We believe trading on OTCQX will enhance our
visibility among U.S. and global investors seeking access to
opportunities in the voluntary carbon markets and to achieve
their ESG investment goals.”
The OTCQX Market is designed for established,
investor-focused U.S. and international companies. To qualify for
OTCQX, companies must meet high financial standards, follow best
practice corporate governance, and demonstrate compliance with
applicable securities laws.
The Company’s common shares will continue to
trade on the Neo Exchange under the symbol BCBN.
About Base Carbon
Base Carbon is in the business of providing
capital, development expertise and management operating resources
to projects involved primarily in voluntary carbon markets and the
broader ESG economy. Base Carbon seeks to be the preferred carbon
project partner in providing capital and developmental resources to
carbon projects globally and, where appropriate, will endeavour to
utilize technologies within the evolving carbon industry to enhance
efficiencies, commercial credibility, and trading transparency. For
more information, please visit www.basecarbon.com.
Investor Relations Contact:
Meghna NairManager, Investor RelationsTel: +1
647 952 3979E-mail: investorrelations@basecarbon.com
Michael Costa, Chief Executive Officer, and Ryan
Hornby, Chief Legal Officer are responsible for this press
release.Cautionary Statements Regarding Forward Looking
Information
This news release contains “forward-looking
information” within the meaning of applicable securities laws
relating to the trading of the Company on the OTCQX. Any such
forward-looking statements may be identified by words such as
“expects”, “anticipates”, “intends”, “contemplates”, “believes”,
“projects”, “plans” and similar expressions. Readers are cautioned
not to place undue reliance on forward-looking statements.
Statements about, among other things, the
trading of Common Shares on the OTCQX and Base Carbon’s general
strategic plans are all forward-looking information. These
statements should not be read as guarantees of future performance
or results. Such statements involve known and unknown risks,
uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from those
implied by such statements.
Base Carbon assumes no responsibility to update
or revise forward-looking information to reflect new events or
circumstances or actual results unless required by applicable
law. When available, readers are encouraged to refer to the
MD&A for the Company available on www.sedar.com" www.sedar.com
for information as to the risks and other factors which may affect
Base Carbon’s business objectives and strategic plans.
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