Base Carbon to Commence Trading on the OTCQX® Best Market

TORONTO, Aug. 18, 2022 (GLOBE NEWSWIRE) — Base Carbon Inc. (NEO: BCBN) (“base carbon“, or the “company“), is pleased to announce that it has received approval to begin trading its common shares on the OTCQX® Best Market (“OTCQX’) from today under the ticker symbol ‘BCBNF’.

Michael Costa, Chief Executive Officer of Base Carbon, commented, “We believe trading on OTCQX will increase our visibility with US and global investors seeking to access opportunities in the voluntary carbon markets and to achieve their ESG investment goals. “

The OTCQX market caters to established, investor-focused US and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

The Company’s common stock will continue to trade on the Neo Exchange under the symbol BCBN.

About base carbon

Base Carbon provides capital, development expertise and operational resources for projects primarily addressing voluntary carbon markets and the broader ESG economy. Base Carbon strives to be the carbon project partner of choice in providing capital and development resources for carbon projects worldwide and will seek, where appropriate, to leverage technology within the developing carbon industry to improve efficiency, commercial credibility and trade transparency. Visit www.basecarbon.com for more information.

Investor Relations contact:

Meghna Nair
Managers, Investor Relations
Tel: +1 647 952 3979
Email: [email protected]

Responsible for this press release are Michael Costa, Chief Executive Officer, and Ryan Hornby, Chief Legal Officer.

Cautionary Statements Regarding Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company’s trading on the OTCQX. Such forward-looking statements may be identified by words such as “expect”, “anticipate”, “intend”, “consider”, “believe”, “project”, “plan” and similar expressions. Readers are cautioned not to place undue reliance on any forward-looking statements.

Statements regarding, among other things, trading of common stock on the OTCQX and Base Carbon’s overall strategic plans are all forward-looking information. These statements should not be construed as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those implied by such statements.

Base Carbon assumes no responsibility to update or revise any forward-looking information to reflect new events or circumstances or actual results, except as required by applicable law. When available, readers are encouraged to refer to the Company’s MD&A, which is available at www.sedar.com. www.sedar.com Information on risks and other factors that may affect Base Carbon’s business objectives and strategic plans.

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