Carbon Streaming forms independent committee to review Nickel 28 allegations

Carbon Streaming announced that it is aware of certain public allegations made on May 6, 2024 by Nickel 28 Capital Corp. concerning its termination of the employment of certain of the Company’s executives. The board of directors of Carbon Streaming takes the claims made publicly about its executives seriously and, as a result, the Board has formed a special independent committee of the Board to conduct an independent review of the allegations, and to confirm compliance with the Company’s stringent corporate governance policies and procedures, and applicable laws. Each of the individuals concerned have informed the Board that they deny the allegations made by Nickel 28, and have provided assurances to the Board concerning their conduct and compliance with the Company’s corporate policies and procedures, and applicable laws. The Independent Committee has not set a completion date for its review process and the Company will comment further on the review when additional disclosure is appropriate or required.