RE:RE:News this morning..... PART OF THE NEWS RELEASE
PRELIMINARY PROSPECTUS
Non-Offering Prospectus August 25, 2021
US$104,901,256
104,901,256 COMMON SHARES AND 104,901,256 WARRANTS ISSUABLE
ON DEEMED EXERCISE OF OUTSTANDING SPECIAL WARRANTS
This preliminary non-offering prospectus is being filed to qualify the distribution in each of the provinces and territories of
Canada, except for Qubec, of 104,901,256 units (“Units”) of Carbon Streaming Corporation (“Carbon Streaming” or the
“Company”) issuable to the holders of 104,901,256 previously issued special warrants (the “Special Warrants”). Each
Special Warrant entitles the holder to receive, without additional payment, one Unit, and automatically converts into that
one Unit on the Automatic Exercise Date (as defined herein). See “Plan of Distribution”.
Carbon Streaming is a unique environmental, social and governance (“ESG”) principled investment vehicle offering
investors exposure to carbon credits, a key instrument used by both governments and corporations to achieve their carbon
neutral and net-zero climate goals. Our business model is focused on acquiring, managing and growing a high-quality and
diversified portfolio of investments in projects and/or companies that generate or are actively involved, directly or indirectly,
with voluntary and/or compliance carbon credits.
Since no securities are being offered pursuant to this prospectus, no proceeds will be raised and all expenses incurred in
connection with the preparation and filing of this prospectus will be paid by the Company.
Each Unit underlying a Special Warrant consists of common share in the capital of the Company (a “Common Share”) and
one Common Share purchase warrant (a “Unit Warrant”) of the Company. Each Unit Warrant expires sixty-two (62)
months from the date of issue (the “Warrant Expiry Date”) and will entitle the holder thereof to purchase one Common
Share (a “Warrant Share”) at a price of US$1.50 per Warrant Share.
Each Special Warrant is automatically exercisable for no additional consideration into one Unit, subject to adjustment in
certain events, at 5:00 p.m. (Toronto time) on the earliest of: (a) the third business day after the date that a receipt is issued
for a final prospectus by the securities regulatory authorities in the provinces of British Columbia, Alberta and Ontario (the
“Qualifying Jurisdictions”) qualifying the Units to be issued upon the exercise of the Special Warrants (the “Qualifying
Transaction”) and (b) November 20, 2021 (the “Automatic Exercise Date”). In addition, a holder of Special Warrants
may exercise any or all Special Warrants held by them prior to the Automatic Exercise Date, in which case the Units issued
on such exercise will be subject to resale restrictions.
The Company’s Common Shares are listed on the Neo Exchange Inc. (the “NEO Exchange”) under the symbol “NETZ”
and certain of the Company’s Common Share purchase warrants expiring March 2, 2026 (the “March 2026 Warrants”)
are listed on the NEO Exchange under the symbol “NETZ.WT”. On August 24, 2021, the last trading day before the date
hereof, the closing price of the Common Shares on the NEO Exchange was $2.60 and the closing price of the March 2026
Warrants on the NEO Exchange was $1.55. The NEO Exchange has approved the listing of the Common Shares and Unit
Warrants comprising the Units, and the Warrant Shares issuable on the exercise of such Unit Warrants, on the NEO
Exchange. Listing will be subject to the Company fulfilling all of the listing requirements of the NEO Exchange. See “Plan
of Distribution
curious14 wrote: https://www.stockwatch.com/News/Sedardoc/4913044.pdf
GL
c14
stocksnbonds wrote: https://ca.finance.yahoo.com/news/carbon-streaming-joins-international-emissions-110000470.html
Hope the link appears. I can't find news in Stockhouse.
News is good in terms of being involved with a regulatory framework -- builds confidence.
This is key for the company. Nice work!
Hoping the market sell-off isn't too painful today.
Good luck to investors,
sb