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BluSky Carbon Inc. Announces Debt Settlement and Board Resignation

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BluSky Carbon Inc. Announces Debt Settlement and Board Resignation

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The latest update is out from BluSky Carbon Inc. ( (TSE:BSKY) ).

BluSky Carbon Inc. has announced a debt settlement agreement involving the issuance of common shares to settle a debt of $17,333.33, subject to CSE approval and a hold period. Additionally, the company reported the resignation of Alex McAulay from its Board of Directors, which may impact its governance structure.

More about BluSky Carbon Inc.

BluSky Carbon Inc. is a renewable energy company focused on carbon capture and reduction technologies. It specializes in converting organic and industrial waste into biochar, renewable power, and carbonate rocks, while also developing and selling carbon capture technology. The company aims to construct carbon removal equipment, sell biochar, and generate carbon credits, driven by the increasing demand for carbon neutrality and CO2 emission reduction.

Average Trading Volume: 68,709

Technical Sentiment Signal: Sell

Current Market Cap: C$4.44M

For a thorough assessment of BSKY stock, go to TipRanks’ Stock Analysis page.

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