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Earl Resources Limited ( (TSE:KLX) ) has shared an update.
Carbon Done Right Developments Inc. has announced an increase and extension to its previously planned non-brokered private placement, now aiming to raise approximately $450,000 at $0.015 per share. The closing of this offering has been extended to February 24, 2025, pending necessary approvals. This move is part of the company’s strategy to enhance its capital structure, supporting its ongoing projects and reinforcing its position in the market for carbon credits. The announcement is significant for stakeholders as it reflects the company’s growth trajectory and commitment to environmental stewardship.
More about Earl Resources Limited
Carbon Done Right Developments Inc. is a company focused on providing high-quality carbon credits through afforestation and reforestation projects. They invest in the exploration, restoration, and management of terrestrial and marine systems to enhance greenhouse gas sequestration or restore ecosystems. The company partners with major buyers of carbon credits globally and operates in locations such as Sierra Leone, Yucatan, Guyana, and Suriname.
YTD Price Performance: 50.0%
Average Trading Volume: 348,755
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.44M
Learn more about KLX stock on TipRanks’ Stock Analysis page.
