Carbon Done Right appoints Yang Zhou to board of directors

VANCOUVER - Carbon Done Right Developments Inc. (TSXV:KLX) (FSE:Q1C) announced Tuesday the appointment of Yang Zhou to its board of directors as the company aims to expand its carbon project portfolio beyond nature-based solutions and tropical geographies. The company, currently valued at $2.1 million, has shown strong momentum with a 33% return over the past week.

Zhou brings 18 years of experience across finance, business, accounting, law, and engineering. He holds a CFA designation, an MBA from the Sauder School of Business, and has worked as an analyst focused on ESG, impact investing, and carbon markets in Canada and the UK. According to InvestingPro, the company faces some financial challenges, with 13 additional key insights available to subscribers.

The company stated it is finalizing recruitment of a second board member, with details to be announced in the coming weeks.

Additionally, Neil Passmore and Abayomi Akinjide are stepping down from the board to focus on their corporate activities in the UK. Passmore will remain involved as a consultant supporting operations in South America, including the company’s mangrove restoration project in Suriname.

Carbon Done Right develops and owns afforestation and reforestation projects that generate carbon credits for companies seeking to meet net-zero goals. The company currently operates in several jurisdictions including Sierra Leone, Yucatan, Guyana, and Suriname. Recent financial data shows revenue of $50,000 in the last twelve months, with analysts projecting 58% revenue growth for the upcoming year.

The information in this article is based on a press release issued by Carbon Done Right Developments Inc.

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