Base Carbon, Inc. (TSE:BCBN) has released an update.
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Base Carbon Inc. has reported a productive second quarter in 2024, with significant revenue from carbon credit sales, including payments of $12.5 million from the Vietnam project and an additional $11.2 million post-quarter. The company has also successfully issued over 700,000 ‘Article 6 Authorized’ carbon credits from the Rwanda cookstoves project and is nearing completion of a large-scale tree planting initiative in India, reflecting strong operational performance and asset growth.
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