Mr. James Tansey reports
CARBON DONE RIGHT ANNOUNCES UPSIZING AND EXTENSION OF NON-BROKERED PRIVATE PLACEMENT
Carbon Done Right Developments Inc. intends to upsize the non-brokered private placement that was previously announced on Dec. 20, 2024, and amended on Jan. 8, 2025, to raise total gross proceeds of approximately $450,000 at a price of 1.5 cents per share. The company has also been granted an extension on the closing of the offering, which is expected to close on or before Feb. 24, 2025, subject to certain closing conditions, including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the TSX Venture Exchange.
About Carbon Done Right Developments Inc.
Carbon Done Right is an owner and operator of nature-based carbon assets that serves the growing demand for carbon credits from companies seeking to meet their net-zero goals. The company achieves this by investing in the exploration, restoration and management of terrestrial and marine systems that can either be protected to enhance the sequestration of greenhouse gases or restored from a degraded status to fully productive ecosystems. The company's dedication to environmental stewardship and its robust pipeline of carbon credit projects make it a trusted partner to the largest buyers of carbon credits in the world, in the fight against climate change. Carbon Done Right deploys capital at risk under various arrangements (including co-operation, assignment and production-sharing agreements) with government engagement in various suitable jurisdictions around the world, including Sierra Leone, Yucatan, Guyana and Suriname.
We seek Safe Harbor.
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