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Base Carbon Announces Fourth Issuance of Carbon Credits From Rwanda Cookstoves Project
TORONTO, March 25, 2026 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”, together, with affiliates, “Base Carbon”, or the “Company”), is pleased to announce the issuance of 639,609 carbon credits from the Rwanda Cookstoves Project (the “Project”), marking the fourth issuance from the Project and the first issuance of carbon credits following the successful transition of the Projec
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[{"type":"image","alt":"Base Carbon Inc.","displaySize":"","headline":null,"caption":"Base Carbon Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":127,"url":"https://media.zenfs.com/en/globenewswire.com/6a2363ceb0b3e77253e30f2fcacf6f13"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/IOcyKQlNPG4vscJ3_7rDEg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE3OA--/https://media.zenfs.com/en/globenewswire.com/6a2363ceb0b3e77253e30f2fcacf6f13","width":300,"height":127}},"lazy":false},{"type":"text","content":"TORONTO, March 25, 2026 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”, together, with affiliates, “Base Carbon”, or the “Company”), is pleased to announce the issuance of 639,609 carbon credits from the Rwanda Cookstoves Project (the “Project”), marking the fourth issuance from the Project and the first issuance of carbon credits following the successful transition of the Project to Verra’s VM0050 methodology. Upon the purchase of required insurance, the carbon credits are expected to receive Carbon Offsetting and Reduction Scheme for International Aviation (“CORSIA”) eligible tagging, further strengthening the Project’s inventory of high-integrity, compliance-aligned carbon credits.","length":811,"tagName":"p"},{"type":"text","content":"The 639,609 carbon credits are held by Base Carbon’s Rwanda project partner, the DelAgua Group (“DelAgua”), pursuant to the Project agreement and revenue sharing arrangement. The direct generation of credits under the updated VM0050 methodology further validates the integrity of the transition and demonstrates the Project’s consistent and reliable operational performance, which the Company expects to support a regular cadence of streamlined issuances with CORSIA-eligible tagging going forward.","length":528,"tagName":"p"},{"type":"text","content":"Upon confirmation of CORSIA-eligible tagging from Verra, the credits from this latest issuance will be immediately available for sale and delivery into global aviation carbon offsetting markets. Building on the Project’s first CORSIA-eligible tagged carbon credit sales completed earlier this year, the Company continues to engage in active sales discussions and RFP processes with prospective...