Carbon Streaming Corporation announced the resignation of Justin Cochrane from the board of directors to facilitate and make room on the board for the appointment of three new directors with extensive experience in stream financing, investments, renewable energy and corporate finance. Mr. Cochrane will continue to serve as the Company’s President and Chief Executive Officer and intends to rejoin the board at the next annual general meeting of the Company. Saurabh Handa is currently the Chief Financial Officer for Metalla Royalty & Streaming Ltd., a TSX- listed and NYSE-listed precious metals royalty and streaming company, and is a Director and Audit Committee Chair for K92 Mining Inc., a TSX-listed company with mining operations in Papua New Guinea. Marc Bustin is Professor of Geology at the University of British Columbia, President of RMB Earth Science Consultants, and Chief Technical Officer for Renewable Geo Resources Ltd. Jeanne Usonis has over 20 years of corporate finance and capital markets experience. She is a Director at Regent Advisors LLC, which provides advisory services for equity and debt financings, mergers and acquisitions and joint ventures.
Carbon Streaming Corporation is a Canada-based carbon credit streaming and royalty company. The Company is a supplier of credits to corporate buyers and a funding partner of choice to carbon project developers around the world. The Company is focused on acquisition and sale of carbon credits. Its portfolio includes Rimba Raya, Cerrado Biome, Community Carbon, Sustainable Community, Sheep Creek Reforestation, Magdalena Bay Blue Carbon, Nalgonda Rice Farming, Waverly Biochar, Enfield Biochar and Bonobo Peace Forest. Rimba Raya, located on the island of Borneo in Indonesia, protects and preserves tropical lowland peat swamp forests, which have carbon-storing capacity. The Cerrado Biome project is located in the Cerrado biome. Community Carbon provides solutions to various households in eastern and southern Africa through seven projects, delivering cookstoves in Mozambique, Uganda and Tanzania and distributing water purification devices in Malawi, Mozambique, Uganda and Zambia.