Latest news with #BaseCarbon
Yahoo
25-06-2025
- Business
- Yahoo
Base Carbon Announces Shareholder Meeting Results
TORONTO, June 25, 2025 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (together, with affiliates, 'Base Carbon', or the 'Company'), is pleased to announce the results of its Shareholder Meeting (the 'Meeting'). A total of 57,044,319 common shares, representing 52.60% of the issued and outstanding common shares of the Company, were represented at the Meeting. Six (6) directors were elected to the Company's board for the ensuing year. The following is a tabulation of the votes submitted in person and by proxy: Director Nominee # of Votes in Favour % of Votes in Favour # of Votes Withheld % of Votes Withheld Catherine Flax 55,679,343 97.761% 1,274,976 2.239% Margot Naudie 53,811,527 94.842% 2,926,814 5.158% Bruce Tozer 55,639,843 97.538% 1,404,476 2.462% Michael Costa 56,809,366 99.588% 234,953 0.412% Andrew Fedak 56,788,673 99.552% 255,646 0.448% Adrian Morante 56,809,366 99.588% 234,953 0.412% Shareholders also voted in favor of an ordinary resolution to approve, ratify and confirm the amended and restated equity incentive plan (the 'Equity Incentive Plan') and the unallocated shares underlying awards under the Equity Incentive Plan, the full text of which is set out in the information circular prepared for the Meeting. # of Votes in Favour % of Votes in Favour # of Votes Against % of Votes Against 53,389,021 93.592% 3,655,298 6.408% For more information refer to the management information circular dated May 15, 2025, available on the Company's profile at About Base Carbon Base Carbon is a financier of projects involved primarily in the global voluntary carbon markets. We endeavor to be the preferred carbon project partner in providing capital and management resources to carbon removal and abatement projects globally and, where appropriate, will utilize technologies within the evolving environmental industries to enhance efficiencies, commercial credibility, and trading transparency. For more information, please visit Media and Investor Inquiries Base Carbon RelationsTel: +1 647 952 3979E-mail: investorrelations@ Media InquiriesE-mail: media@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
19-06-2025
- Business
- Associated Press
Base Carbon Announces Renewal of Normal Course Issuer Bid
TORONTO, June 19, 2025 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (together, with affiliates, 'Base Carbon', or the 'Company'), announced today that Cboe Canada has accepted the Company's renewed normal course issuer bid ('NCIB') to purchase, for cancellation, up to 6,659,310 of Base Carbon's common shares ('Shares'). The Company will renew its NCIB program for the third consecutive year beginning on June 23, 2025, as the Company's current normal course issuer bid will end on June 20, 2025. Under the current NCIB, as of June 17, 2025, the Company had purchased 7,127,736 Shares at a weighted average price of $0.4722 representing 94.1% of 7,571,314 Shares authorized for purchase and cancellation under the current NCIB program. In total, since beginning of its strategy of repurchasing Shares, the Company has repurchased 19,245,694 Shares at an average price of $0.4567 which represents a reduction of 15.1% of Shares outstanding since June 17, 2022. Pursuant to the renewed NCIB, Base Carbon may purchase over a period of 12 months beginning on June 23, 2025, and ending June 22, 2026, up to 6,659,310 Shares representing approximately 6.4% of the 104,324,986 issued and outstanding Shares and 10% of the Company's public float as of June 17, 2025. On any given day during the new NCIB program, Base Carbon may purchase up to 69,082 Shares which is equivalent to 25% of the average daily trading volume of 276,330 for the previous six months, which excludes purchases made under the current NCIB. Block trades for a greater number of Shares may be made once per calendar week. Purchases under the NCIB may commence as of June 23, 2025 and will end on the earlier of: (i) June 22, 2026; or (ii) the date on which Base Carbon has purchased the maximum number of Shares which may be acquired under the NCIB. The purchases made will be done in accordance with the rules of Cboe Canada, through the facilities of Cboe Canada or through alternative Canadian trading systems. The actual number of Shares which will be purchased, and the timing and price of such purchases will be determined by the Company in accordance with Cboe Canada's Listing Manual and guidelines. Shares purchased under the NCIB will be returned to treasury for cancellation. The Board of Directors of the Company believes that the market price of the Shares may from time to time not reflect the underlying value of Base Carbon, including its growth opportunities, and that the proposed purchasing of its Shares through the NCIB is in the best interests of the Company and represents an appropriate use of corporate funds. The Company has also entered into an automatic share purchase plan ('ASPP') with a broker in order to facilitate repurchases of Shares pursuant to the NCIB. During the effective period of Base Carbon's ASPP, Base Carbon's broker may purchase Shares at times when the Company would not be active in the market due to insider trading rules and its own internal trading blackout periods. Purchases will be made by the Company's broker based upon parameters set by the Company when it is not in possession of any material non-public information about itself and its securities, and in accordance with the terms of the ASPP. Outside of the effective period of the ASPP, Shares may continue to be purchased pursuant to Base Carbon's discretion, subject to applicable law. The ASPP has been entered into in accordance with the requirements of applicable Canadian securities laws. About Base Carbon Base Carbon is a financier of projects involved primarily in the global voluntary carbon markets. We endeavor to be the preferred carbon project partner in providing capital and management resources to carbon removal and abatement projects globally and, where appropriate, will utilize technologies within the evolving environmental industries to enhance efficiencies, commercial credibility, and trading transparency. For more information, please visit Media and Investor Inquiries Base Carbon Inc. Investor Relations Tel: +1 647 952 3979 E-mail: [email protected] Media Inquiries E-mail: [email protected] Wes Fulford, President, and Ryan Hornby, Chief Legal Officer are responsible for this press release. Cautionary Statement Regarding Forward Looking Information This press release contains 'forward-looking information' within the meaning of applicable securities laws with respect of the Company, including but not limited to, statements relating to the purchase of Shares under the NCIB and the focus of Base Carbon's business. In some cases, but not necessarily in all cases, forward-looking information may be identified by the use of forward-looking terminology such as 'expects', 'anticipates', 'intends', 'contemplates', 'believes', 'projects', 'plans' or variations of such words and similar expressions or state that certain actions, events or results 'may', 'could', 'would', 'might', 'will' or 'will be taken', 'occur' or 'be achieved'. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events. Statements about, among other things, the purchase of Shares under the NCIB and Base Carbon's strategic plans are all forward-looking information. These statements should not be read as guarantees of future performance, results, or achievements. Although management believes that the anticipated future results, performance or achievements expressed or implied by the forward-looking information are based upon reasonable assumptions and expectations, readers should not place undue reliance on forward-looking information because it involves assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking information. The forward-looking statements made herein are subject to a variety of risk factors and uncertainties, many of which are beyond the Company's control, which could cause actual events or results to differ materially and adversely from those reflected in the forward-looking statements. Readers are cautioned that forward-looking statements are not guarantees of future performance. Specific reference is made tothe management discussion and analysis for the Company's fiscal year ended December 31, 2024 andthe most recent Annual Information Form on file with the Canadian provincial securities regulatory authorities (and available for a more detailed discussion of some of the factors underlying forward-looking statements and the risks that may affect the Company's ability to achieve the expectations set forth in the forward-looking statements contained in this press release.
Yahoo
26-05-2025
- Business
- Yahoo
Base Carbon And 2 More Promising Penny Stocks On TSX
As Canadian investors navigate a landscape marked by potential changes in U.S. tax policies and rising bond yields, the market's dynamics continue to evolve. Within this context, penny stocks—though often associated with earlier trading days—remain an intriguing investment area for those seeking opportunities beyond established giants. By focusing on companies with strong financial foundations, investors can uncover promising prospects among these smaller or newer enterprises, such as Base Carbon and others on the TSX. Name Share Price Market Cap Financial Health Rating Westbridge Renewable Energy (TSXV:WEB) CA$0.75 CA$75.86M ★★★★★★ NTG Clarity Networks (TSXV:NCI) CA$2.70 CA$114.25M ★★★★★★ Intermap Technologies (TSX:IMP) CA$2.36 CA$139.72M ★★★★★☆ Orezone Gold (TSX:ORE) CA$1.20 CA$636.86M ★★★★★☆ McChip Resources (TSXV:MCS) CA$0.77 CA$4.4M ★★★★☆☆ Hemisphere Energy (TSXV:HME) CA$1.74 CA$168.16M ★★★★★★ PetroTal (TSX:TAL) CA$0.60 CA$548.99M ★★★★★☆ Pulse Seismic (TSX:PSD) CA$2.61 CA$132.47M ★★★★★★ Findev (TSXV:FDI) CA$0.44 CA$12.6M ★★★★★★ BluMetric Environmental (TSXV:BLM) CA$1.43 CA$52.9M ★★★★★★ Click here to see the full list of 905 stocks from our TSX Penny Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Base Carbon Inc., along with its subsidiaries, offers capital, development expertise, and management operating resources, with a market cap of CA$82.75 million. Operations: There are no reported revenue segments for Base Carbon Inc. at this time. Market Cap: CA$82.75M Base Carbon Inc., with a market cap of CA$82.75 million, is currently pre-revenue and unprofitable, which is common in the penny stock realm. The company has no debt, alleviating interest coverage concerns, and its short-term assets significantly exceed liabilities. Despite this financial cushion, Base Carbon's earnings have declined by 14.9% annually over the past five years. Recent earnings showed a net income of US$0.52 million for Q1 2025; however, auditors have expressed doubts about its ability to continue as a going concern due to substantial losses in 2024 and ongoing volatility in performance metrics. Click to explore a detailed breakdown of our findings in Base Carbon's financial health report. Learn about Base Carbon's historical performance here. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Trilogy Metals Inc. focuses on the exploration and development of mineral properties in the United States, with a market cap of CA$280.81 million. Operations: Trilogy Metals Inc. does not report any revenue segments as it is focused on the exploration and development of mineral properties in the United States. Market Cap: CA$280.81M Trilogy Metals Inc., with a market cap of CA$280.81 million, is pre-revenue, typical for exploratory mining firms in the penny stock sector. The company remains debt-free, enhancing financial flexibility, and boasts short-term assets of US$25.3 million that comfortably cover both short and long-term liabilities. Despite this stability, Trilogy Metals has experienced a significant earnings decline of 66.3% annually over the past five years and reported a net loss of US$3.62 million for Q1 2025. Its share price has been highly volatile recently, although volatility has decreased compared to last year. Jump into the full analysis health report here for a deeper understanding of Trilogy Metals. Gain insights into Trilogy Metals' historical outcomes by reviewing our past performance report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Majestic Gold Corp. is a mining company engaged in the exploration, development, and operation of mining properties in China with a market cap of CA$140.76 million. Operations: The company generates revenue of $70.95 million from its activities in exploration, development, and operation of mining properties. Market Cap: CA$140.76M Majestic Gold Corp., with a market cap of CA$140.76 million, operates without debt, enhancing its financial stability. It reported revenues of US$70.95 million for 2024, up from US$55.03 million the previous year, and net income increased to US$9.93 million from US$7.56 million in 2023, reflecting robust earnings growth despite not outperforming the broader industry. The company's short-term assets significantly exceed both short and long-term liabilities, indicating strong liquidity management. Although its share price has been volatile recently, Majestic Gold's earnings quality remains high with no shareholder dilution over the past year and stable profit margins. Click here to discover the nuances of Majestic Gold with our detailed analytical financial health report. Gain insights into Majestic Gold's past trends and performance with our report on the company's historical track record. Unlock more gems! Our TSX Penny Stocks screener has unearthed 902 more companies for you to here to unveil our expertly curated list of 905 TSX Penny Stocks. Want To Explore Some Alternatives? These 16 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NEOE:BCBN TSX:TMQ and TSXV:MJS. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
