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Earl Resources Limited ( (TSE:KLX) ) has shared an announcement.
Carbon Done Right announced the completion of the formal third-party validation of its large-scale carbon credit project in Sierra Leone, marking a significant milestone under the new Verra VM0047 protocol. This validation allows the company to start issuing carbon credits and is expected to boost investor interest, facilitating project expansion to 25,000 hectares, potentially producing over 10 million tonnes of carbon credits. The company has completed its third planting season and is now focusing on maintenance and fire management, alongside progressing a private placement launched in December 2024.
More about Earl Resources Limited
Carbon Done Right Developments Inc. is a leading provider of high-quality carbon credits, focusing on reforestation projects. The company invests in the exploration, restoration, and management of terrestrial and marine systems to enhance greenhouse gas sequestration or restore degraded ecosystems. As a trusted partner for major carbon credit buyers, Carbon Done Right operates globally with projects in Sierra Leone, Yucatan, Guyana, and Suriname.
YTD Price Performance: 0.0%
Average Trading Volume: 261,337
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$730.4K
Learn more about KLX stock on TipRanks’ Stock Analysis page.
