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SHAMARAN ANNOUNCES EXCLUSIVE CORPORATE SPONSORSHIP IN A FIRST-OF-ITS-KIND CLIMATE ACTION PROGRAM IN KURDISTAN AND A RIGHTS OFFERING UPDATE

SHAMARAN ANNOUNCES EXCLUSIVE CORPORATE SPONSORSHIP IN A FIRST-OF-ITS-KIND CLIMATE ACTION ...

articleShamaran Petroleum Corp.April 12, 20224/company/shamaran-petroleum-corp/news/shamaran-announces-exclusive-corporate-sponsorship-in-a-first-of-its-kind-climate-action-program-in-kurdistan-and-a-rights-offering-update
SHAMARAN ANNOUNCES EXCLUSIVE CORPORATE SPONSORSHIP IN A FIRST-OF-ITS-KIND CLIMATE ACTION PROGRAM IN KURDISTAN AND A RIGHTS OFFERING UPDATE

About this update from Shamaran Petroleum Corp.

[{"type":"text","content":"\n \n \n \n SHAMARAN ANNOUNCES EXCLUSIVE CORPORATE SPONSORSHIP IN A FIRST-OF-ITS-KIND CLIMATE ACTION PROGRAM IN KURDISTAN AND A RIGHTS OFFERING UPDATE\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n April 12, 2022\n \n /CNW/ -\n \n ShaMaran Petroleum Corp. (\"ShaMaran\" or the \"Company\")\n \n (TSXV: SNM) (Nasdaq First North Growth Market (\n \n Sweden\n \n ): SNM) is very pleased to announce that ShaMaran has become the exclusive corporate sponsor for Hasar Vision 2025 Program, supporting its marquee initiative the Hasar re-forestation project, a comprehensive multi-year urban re-forestation project.  This initiative is being developed by Hasar Organization for Earth Sciences (\"Hasar\"), a climate action non-government organization based in\n \n Kurdistan\n \n .\n \n View PDF version\n \n .\n \n \n Dr.\n \n Adel Chaouch\n \n , President and Chief Executive Officer of ShaMaran commented: \"ShaMaran as one of the earliest pioneer oil and gas companies in\n \n Kurdistan\n \n is very excited about this opportunity.  We are integrating it into ShaMaran's ESG policy to become a better citizen in\n \n Kurdistan\n \n . Environmental, social and governance considerations were very important in ShaMaran's decision to participate as exclusive corporate sponsor to the Hasar Vision 2025 Program. It will, among other activities, be planting over one million oak trees in the center of Erbil, the capital of\n \n Kurdistan\n \n , in order to reduce the impact of emissions in this urban setting. ShaMaran will also be assisting Hasar to secure carbon credit accreditation for the Million Oaks Project, a first in\n \n Kurdistan\n \n .\n \n Carbon\n \n credits will be sought and will be dedicated by ShaMaran to offsetting its carbon emissions for its activities in\n \n Kurdistan\n \n .\"\n \n \n Hasar Vision 2025 Program is committed to four principal areas: carbon capture, water, renewable energy, youth, and climate change awareness. In its initial stage a youth focused organization was formed to ra...

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