01:38:09 EDT Fri 17 May 2024
Enter Symbol
or Name
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Ostrom Climate Solutions Inc
Symbol COO
Shares Issued 97,351,113
Close 2024-04-12 C$ 0.08
Market Cap C$ 7,788,089
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Ostrom Climate appoints interim CFO, grants options

2024-04-12 17:35 ET - News Release

Subject: Ostrom Climate Solutions Inc. - News Release Word Document

File: '\\swfile\EmailIn\20240412 143131 Attachment News Release - Option Grant and Interim CFO appointment Apr2024.docx'

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Ostrom Climate Solutions Inc.

News Release

OSTROM ANNOUNCES APPOINTMENT OF INTERIM CFO AND GRANT OF STOCK OPTIONS

April 12, 2024, Vancouver, British Columbia: Ostrom Climate Solutions Inc. (the "Company") (TSX-V: COO, Frankfurt: 9EA) announces that the Company has appointed Colin Haddock as the Company's Interim Chief Financial Officer. Mr. Haddock is the Chief Financial Officer at RC Morris Capital, an investment advisory, wealth management, and capital markets firm.

The Company also announces that the Company's Board has granted an aggregate of 5,125,000 incentive stock options to officers, directors, employees and consultants to the Company at a per share price of $0.10 for a period of five years from the date of grant. The stock options are subject to vesting provisions as set by the Company's Board.

Phil Cull, CEO

Ostrom Climate Solutions Inc.

About Ostrom Climate Solutions Inc.

Ostrom is one of North America's leading providers of carbon project development and management services, climate solutions, and carbon credit marketing. Over the past 12 years, Ostrom has validated and verified forest carbon projects globally for voluntary and regulated markets, having developed 16 million acres of forest land for conservation and monetized over 10 million carbon credits. Based out of Vancouver, B.C., Canada, the Ostrom team has a global reach, has worked with over 200 organizations globally, including Fortune 500 companies, managed projects in partnership with indigenous stakeholders and has extensive on-ground experience in emerging markets.

Ostrom is focused on developing high-quality carbon projects that have a positive impact on the environment, local communities and biodiversity. Ostrom is publicly listed on the TSX Venture Exchange (COO) and the Frankfurt Stock Exchange (9EA).

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this Release.

For more information regarding the Company, please contact:

Tej Virk

Ostrom Climate Solutions Inc.

Suite 300 - 948 Homer Street, Vancouver BC, V6B 2W7

Email: tej.virk@ostromclimate.com

PDF Document

File: Attachment News Release - Option Grant and Interim CFO appointment Apr2024.pdf

Ostrom Climate Solutions Inc. News Release

OSTROM ANNOUNCES APPOINTMENT OF INTERIM CFO AND GRANT OF STOCK OPTIONS

April 12, 2024, Vancouver, British Columbia: Ostrom Climate Solutions Inc. (the "Company") (TSX-V: COO, Frankfurt: 9EA) announces that the Company has appointed Colin Haddock as the Company's Interim Chief Financial Officer. Mr. Haddock is the Chief Financial Officer at RC Morris Capital, an investment advisory, wealth management, and capital markets firm.

The Company also announces that the Company's Board has granted an aggregate of 5,125,000 incentive stock options to officers, directors, employees and consultants to the Company at a per share price of $0.10 for a period of five years from the date of grant. The stock options are subject to vesting provisions as set by the Company's Board.

Phil Cull, CEO Ostrom Climate Solutions Inc.

About Ostrom Climate Solutions Inc.

Ostrom is one of North America's leading providers of carbon project development and management services, climate solutions, and carbon credit marketing. Over the past 12 years, Ostrom has validated and verified forest carbon projects globally for voluntary and regulated markets, having developed 16 million acres of forest land for conservation and monetized over 10 million carbon credits. Based out of Vancouver, B.C., Canada, the Ostrom team has a global reach, has worked with over 200 organizations globally, including Fortune 500 companies, managed projects in partnership with indigenous stakeholders and has extensive on-ground experience in emerging markets.

Ostrom is focused on developing high-quality carbon projects that have a positive impact on the environment, local communities and biodiversity. Ostrom is publicly listed on the TSX Venture Exchange (COO) and the Frankfurt Stock Exchange (9EA).

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this Release.

For more information regarding the Company, please contact:

Tej Virk Ostrom Climate Solutions Inc. Suite 300 948 Homer Street, Vancouver BC, V6B 2W7 Email: tej.virk@ostromclimate.com

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