Neo Exchange Inc. has accepted Base Carbon Inc.'s notice of intention to commence a normal course issuer bid (NCIB) of up to 7,974,471 common shares of the corporation.

Purchases pursuant to the bid will be made by Raymond James Ltd. on behalf of the corporation.

Additional information regarding the NCIB may be found in the news release dated June 19, 2023, available on SEDAR.

Security and trading information

Security name:  Base Carbon

Symbol:  BCBN

Security type:  common shares

Cusip No.:  06975E 10 7

ISIN:  CA 06975E 10 7 9

Maximum securities to be purchased:  7,974,471

Per cent of public float:  10 per cent

Start date:  June 21, 2023

Expiry date:  June 20, 2024