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Earl Resources Limited ( (TSE:KLX) ) has provided an update.
Carbon Done Right has successfully completed the first tranche of its non-brokered private placement, raising $105,000 and planning to increase the offering to generate $350,000. The funds will support the company’s flagship forest carbon restoration project and fulfill investment requirements for a pre-purchase agreement. This move strengthens the company’s operations in the carbon credit industry, bolstering its position as a key player in environmental stewardship and carbon offsetting.
More about Earl Resources Limited
Carbon Done Right is a leading provider of high-quality carbon credits, focusing on afforestation and reforestation projects. The company invests in terrestrial and marine systems to enhance or restore ecosystems, supporting companies in achieving Net Zero goals. With a strong pipeline of projects and partnerships in regions like Sierra Leone, Yucatan, Guyana, and Suriname, Carbon Done Right is a prominent player in the global carbon credit market.
YTD Price Performance: 0.0%
Average Trading Volume: 261,337
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$730.4K
For an in-depth examination of KLX stock, go to TipRanks’ Stock Analysis page.
