Saturday, May 31, 2025

Latest

Carbon Streaming Corp Closes On MarVivo Blue Carbon Stream

Carbon Streaming Corp (NEO: NETZ) this morning indicated it has closed its first investment into a blue carbon credit stream. The firm has closed on its previously announced arrangement with the MarVivo Corporation for its conservation project in Mexico.

The MarVivo Corp currently operates the MarVivo Blue Carbon Conservation Project, which is focused on the conservation of mangrove forests and its related marine habitat in Magdalena Bay, Mexico. The project is expected to act as a carbon offset, reducing carbon dioxide equivalents by 26 million tonnes over a period of thirty years.

With the closing of the arrangement, Carbon Streaming now holds a total of three carbon credit streams globally, each of which is located on a different continent.

The carbon credit stream consisted of a cash outlay of US$6.0 million, of which US$2.0 million is an initial investment in MarVivo, while four US$1.0 million payments are to be made during the milestones of development, implementation, validation and verification.

The arrangement will see Carbon Streaming as eligible to purchase 200,000 carbon credits, or 20% of the annual carbon credits produced by the project, whichever is greater, on an annual basis.

Carbon Streaming Corp last traded at $13.41 on the Neo.


FULL DISCLOSURE: Carbon Streaming Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Carbon Streaming Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell.  We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Leave a Reply

Video Articles

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

B2GOLD Q1 Earnings: Revenue Up, Production & Cash Flow Decline

Recommended

Canadian Copper: The $172M Combined Strategy PEA

ESGold Begins Concentration Tests Ahead Of First Production

Related News

Carbon Streaming Corp Acquires Significant 2.9 Million Per Year Carbon Credit Stream

Carbon Streaming Corp (NEO: NETZ) this morning announced its latest carbon streaming arrangement. The latest...

Tuesday, August 3, 2021, 09:29:40 AM

Will Capital Continue To Flow Into The Carbon Offset Space? – The Daily Dive

In a return to the Daily Dive we see Cassandra Leah sit down with Justin...

Wednesday, June 1, 2022, 01:40:00 PM

Getting a Handle on the Carbon Credit Opportunity

In the Democratic Republic of Congo – a country rich in natural resources such as...

Tuesday, September 7, 2021, 11:30:00 AM

Carbon Streaming Acquires Stream Focused On Protecting Brazilian Savannah

Carbon Streaming Corp (NEO: NETZ) this morning revealed its latest investment within the carbon credit...

Monday, September 13, 2021, 08:28:56 AM

Carbon Streaming Corp Invests $6.0 Million Into First Blue Carbon Project

Carbon Streaming Corp (OTC: MXVDF) yesterday afternoon announced its first carbon credit streaming investment into...

Tuesday, May 18, 2021, 06:55:00 AM