Karbon-X Corp. announced that the Company has entered into an agreement with Resolute Resources Ltd. to offset CO2 emissions associated with the drilling, construction and extraction activities being completed on the first two exploration wells at the Grimshaw Gething exploration project. Karbon-X will calculate the emissions that are created from the operational activities using data supplied by Resolute to enact an offsetting program using verified emission reductions and will retire the verified emission reductions in Resolute's name.

Secondly, Karbon-X will review operational practices or processes with Resolute to find any potential carbon reduction procedures that can be implemented, safely and effectively to further offset and reduce any associated emissions with Resolute's exploration program.