The latest stock to go public on the NEO Exchange is a firm that provides capital, development expertise, and management operating resources to projects involved primarily in voluntary carbon markets and the broader Environmental, social, and corporate governance (ESG) economy.
Base Carbon Inc. (NEO: BCBN, Forum) is out to be the preferred partner to carbon projects globally, and endeavours to use technologies within the evolving carbon industry to enhance efficiencies, commercial credibility, and trading transparency.
In
a media release this week, the company’s chief executive officer, Michael Costa said that listing on the NEO Exchange is a transformative step for Base Carbon. He explained that with this listing, the company now has greater access to a broad base of equity investors and financing partners as the team develops a portfolio of carbon reduction projects globally.
The NEO Exchange’s president and CEO, Jos Schmitt added that Base Carbon is at the forefront of this incredibly promising industry, paving the way for a solution to the looming climate crisis.
“We are honoured to be the stock exchange of choice for Base Carbon, as they make carbon projects and carbon credits more accessible to investors who are looking to be a part of the solution while generating investment returns. We congratulate the entire Base Carbon team on their public markets debut and look forward to a shared capital markets journey founded on innovation and doing what is right, within our respective fields.” He went on to say that with commitments from governments around the world to achieve net-zero greenhouse gas emissions by 2050, the demand for carbon credits and the need for carbon reduction projects has soared.
Base Carbon is the second in the carbon sector – to list on the NEO Exchange, Canada’s Tier 1 stock exchange fueling the innovation economy.