Carbon Streaming ‘continues to reposition itself for success’

The company said, “Carbon Streaming (OFSTF) continues to reposition itself for success and for maximizing shareholder value amid ongoing challenges, remaining focused on cash flow optimization through the reduction of operating expenses and a reassessment of its existing streams and royalties. In the first half of 2025, the Company significantly reduced employee headcount and renegotiated and amended vendor agreements to lower costs. As the Company’s broader strategy continues to evolve, these steps have resulted in significant reductions to annualized ongoing operating expenses when compared to 2024. While the Company aims to generate cash flow through the sale of carbon credits over the next year, there remains ongoing uncertainty regarding the evolving nature of carbon markets, including potential registry delays, project-specific issues, and methodology-related risks, in addition to impacts the industry may face as a result of general economic, political and regulatory conditions. In 2024, the Company recognized a decrease in the fair values of various assets to $nil as a result of the failure of the respective projects to meet their obligations under the stream agreements and ongoing legal disputes. In the third quarter of 2025, the Company reached settlements related to the Rimba Raya Stream and the Magdalena Bay Blue Carbon Stream, which resulted in cash proceeds, the cancellation of previously issued shares of the Company, and the retention of certain future rights, bringing resolution to these two assets. The Company also signed repayment agreements related to the Amazon Portfolio Royalty in September and October 2025. The Company continues to pursue all available legal remedies to protect its other investments and enforce its contractual rights. Given the multiple ongoing litigation matters, the outcomes remain uncertain and could materially impact the Company’s financial position and strategic direction. Please refer to the “Legal Proceedings” section of the Company’s most recently filed MD&A for further information.”