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Carbon Streaming Eases U.S. Investor Restrictions with Innovative Legend Removal Process

Story Highlights
  • Carbon Streaming allows U.S. investors to remove restrictive legends from shares at no cost.
  • The company gains from currency conversion and holds strong cash reserves with no debt.
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Carbon Streaming Eases U.S. Investor Restrictions with Innovative Legend Removal Process

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Carbon Streaming ( (TSE:NETZ) ) has issued an announcement.

Carbon Streaming Corporation has announced a significant update for U.S. investors involved in its 2021 financings, allowing them to remove restrictive legends from their share certificates at no cost. This move, facilitated through a digitalized process with DealMaker, aims to simplify and expedite the process for over 700 U.S. investors, enhancing liquidity and market participation. Additionally, the company reported a foreign exchange gain due to favorable currency conversion and maintains a strong financial position with substantial cash reserves and no debt.

More about Carbon Streaming

Carbon Streaming Corporation operates in the carbon credit industry, focusing on financing and managing carbon credit projects. The company deals with carbon credits from cookstove and water purification projects and is known for its innovative approaches in the carbon streaming market.

Average Trading Volume: 104,000

Technical Sentiment Signal: Hold

See more data about NETZ stock on TipRanks’ Stock Analysis page.

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