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An announcement from Earl Resources Limited ( (TSE:KLX) ) is now available.
Carbon Done Right has successfully completed the second tranche of its non-brokered private placement, issuing 10,000,000 shares at $0.015 each, raising $150,000, with total funds raised so far at $255,000. The proceeds are earmarked for supporting their flagship forest carbon restoration project and fulfilling investment requirements under a pre-purchase agreement, with the final tranche expected to close in January 2025, pending regulatory approvals.
More about Earl Resources Limited
Carbon Done Right Developments Inc. is a leading provider of high-quality carbon credits generated from afforestation and reforestation projects owned and developed by the company. It focuses on serving the growing demand for carbon credits from companies aiming to achieve Net Zero goals by investing in the restoration and management of natural ecosystems worldwide.
YTD Price Performance: 200.0%
Average Trading Volume: 316,284
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.19M
Learn more about KLX stock on TipRanks’ Stock Analysis page.