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TORONTO, March 12, 2026 (GLOBE NEWSWIRE) — Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) pleased to announce that it has entered into a Buyout Agreement (the “Agreement“) with Community Carbon and UpEnergy Group (collectively, the “UPE Parties”) for all rights to the Community Carbon Stream and the full inventory of carbon credits for USD$6 million.
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Pursuant to the Agreement, the UPE Parties will pay Carbon Streaming an aggregate total of USD$6 million comprised of the following payments:
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- a non-refundable deposit of USD$100,000 payable on or before March 23, 2026;
- a closing payment for the Community Carbon Stream of USD$4.9 million payable on or before May 30, 2026; and
- USD$1 million for the purchase of all the carbon credits from the Project Portfolio in the Company’s current inventory as of March 12, 2026, payable in four installments on or before each of July 1, 2026, October 1, 2026, January 1, 2027 and April 1, 2027. The UPE Parties can elect to accelerate the purchase of carbon credits.
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Marin Katusa, CEO stated, “This Agreement monetizes the current value of the Community Carbon Stream and the inventory of carbon credits by selling for a total consideration of USD$6 million. This transaction is in the best interests of our shareholders and the Company. The company will continue to focus on maximizing value for shareholders in our existing portfolio and recovering assets through advancing ongoing litigation. The Company will continue to evaluate acquisitions, divestments, corporate transactions, financings, and other strategic partnership opportunities that will result in maximizing shareholder value.”
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About Carbon Streaming
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Carbon Streaming’s focus is to maximize shareholder value by optimizing the existing portfolio of projects that generate high-quality carbon credits that can maximize shareholder value and have a positive impact on the environment, local communities, and biodiversity, in addition to their carbon reduction or removal potential.
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ON BEHALF OF THE COMPANY:
Marin Katusa, Chief Executive Officer
Tel: 365.607.6095
[email protected]
www.carbonstreaming.com
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Cautionary Statement Regarding Forward-Looking Information
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This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future, are forward-looking information, including, without limitation, statements with respect to closing of the buyout agreement, the timing of each of the payment and the repurchase of carbon credits.
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