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DevvStream Announces Additional Investment
Investment by Chairman Carl Stanton and Director Wray Thorn reinforces confidence in DevvStream's mission Calgary, Alberta--(Newsfile Corp. - March 19, 2025) - DevvStream Corp. (NASDAQ: DEVS) ("DevvStream" or the "Company"), a leading carbon management firm specializing in the development, investment, and sale of environmental assets, energy transition, and innovative carbon management solutions, today announced that Carl Stanton, Chairman of DevvStream, and Wray Thorn, Director, have invested a
About this update from Devvstream Corp.
[{"type":"text","content":"Investment by Chairman Carl Stanton and Director Wray Thorn reinforces confidence in DevvStream's mission","length":109,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - March 19, 2025) - DevvStream Corp. (NASDAQ: DEVS) ("DevvStream" or the "Company"), a leading carbon management firm specializing in the development, investment, and sale of environmental assets, energy transition, and innovative carbon management solutions, today announced that Carl Stanton, Chairman of DevvStream, and Wray Thorn, Director, have invested an additional $218,000 into the Company's 5.30% Secured Convertible Note, due November 2026.","length":509,"tagName":"p"},{"type":"text","content":"The funds support DevvStream's ongoing efforts to expand into energy transition markets, grow its partnerships and solidify its position as a leader in the carbon offset market. Stanton and Thorn are also co-founders of Focus Impact Partners.","length":246,"tagName":"p"},{"type":"text","content":"For further details, contact [email protected].","length":49,"tagName":"p"},{"type":"text","content":"About DevvStream","length":16,"tagName":"p"},{"type":"text","content":"Founded in 2021, DevvStream is a leading authority in the use of technology in carbon project development. The Company's mission is to create alignment between sustainability and profitability, helping organizations achieve their climate initiatives while directly improving their financial health.","length":302,"tagName":"p"},{"type":"text","content":"With a diverse approach to the carbon market, DevvStream operates across three strategic domains: (1) an offset portfolio consisting of nature-based, tech-based, and carbon sequestration credits for immediate sale to corporations and governments seeking to offset their most difficult-to-reduce emissions; (2) project investment, acquisitions, and industry consolidation to extend the company's reach, allowing it to become a full end-to-end solutions provider; and (3) project development, where the company serves as project manager for eligible activities such as EV charging in exchange for a percentage of generated credits.","length":633,"tagName":"p"},{"type":"text","content":"For more information, please visit www.devvstream.com.","length":5...