Star Royalties Ltd. Diversifies with Carbon Offsets
Company Announcements

Star Royalties Ltd. Diversifies with Carbon Offsets

Star Royalties Ltd (TSE:STRR) has released an update.

Star Royalties Ltd., through Green Star Royalties, has expanded its portfolio by acquiring a series of gross revenue royalties on forest carbon offset projects in the southeastern U.S., signaling its first foray into carbon offset-issuing investments. These royalties, purchased from NativState LLC, are part of a $5.6 million deal expected to yield premium voluntary carbon offsets over a 20-year term, with a significant portion delivered in the first five years. The move diversifies Green Star’s nature-based carbon offset solutions in North America and introduces defensive measures to ensure minimum carbon offset volumes.

For further insights into TSE:STRR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskStar Royalties Ltd. Reveals Strong Q2 2024 Growth
TipRanks Canadian Auto-Generated NewsdeskStar Royalties Shareholders Re-elect Directors
TipRanks Canadian Auto-Generated NewsdeskStar Royalties Sustains Revenue with Eco-Investments
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App