ShiftCarbon Inc. (CNSX:SHFT) signed a letter of intent to acquire Zero Carbon Technologies Limited on August 30, 2023. As part of the acquisition terms detailed in the Letter of Intent, the proposed merger will see ZCT integrated into ShiftCarbon, with the Company issuing 100% of the issued and outstanding stock to ZCT. The completion of the transaction is subject to the receipt of all necessary approvals, including without limitation, negotiation and execution of relevant Definitive Agreements, shareholder and board approval of each Company, as necessary.

ShiftCarbon Inc. (CNSX:SHFT) cancelled the acquisition of Zero Carbon Technologies Limited on November 24, 2023.