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Carbon Streaming ( (TSE:NETZ) ) has shared an announcement.
Carbon Streaming Corporation has resolved a dispute related to the Rimba Raya Biodiversity Reserve Project by receiving a settlement payment of US$650,000 and canceling 4,539,180 common shares surrendered by the IE Parties. This settlement reduces the company’s outstanding shares to 48,332,053 and leaves it with a cash reserve of C$52.4 million, positioning it well financially with no debt.
More about Carbon Streaming
Carbon Streaming Corporation focuses on projects that generate high-quality carbon credits, aiming to positively impact the environment, local communities, and biodiversity. The company is involved in the carbon credit industry, emphasizing carbon reduction or removal potential.
Average Trading Volume: 104,000
Technical Sentiment Signal: Hold
See more data about NETZ stock on TipRanks’ Stock Analysis page.