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CALGARY, AB - Karbon-X Corp. (OTCQB:KARX), a company specializing in carbon offset solutions, has announced the commencement of trading of its common shares on the OTCQB Market under the ticker symbol KARX. This move is coupled with the company’s shares now being eligible for electronic clearing and settlement in the United States through the Depository Trust Company (DTC).
Chad Clovis, CEO of Karbon-X, expressed optimism about the uplisting, noting the strong interest from U.S. investors in carbon trading and sequestration technology. The company anticipates that the OTCQB Market listing and DTC eligibility will lead to increased visibility and improved liquidity for its shares in the U.S. market.
The OTCQB Market, operated by OTC Markets Group, is recognized for offering entrepreneurial and development stage companies the opportunity to reach U.S. investors more effectively. Karbon-X’s presence on this platform is expected to provide the company with enhanced investor engagement and access to capital.
Karbon-X Corp. focuses on providing accessible carbon offset strategies for both individuals and businesses, aiming to help them reduce their environmental footprint. The company’s initiatives align with the growing global emphasis on sustainability and environmental responsibility.
The news release from Karbon-X contains forward-looking statements regarding the anticipated benefits of the uplisting to the OTCQB Market, such as expected business growth and market positioning. However, these statements are subject to various risks and uncertainties that could cause actual outcomes to differ significantly from those projected.
The company has not committed to any specific updates on these forward-looking statements, except as legally required. This news article is based on the press release statement issued by Karbon-X Corp.
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