Karbon-X shares start trading on OTCQB Market

Published 14/03/2025, 13:04
Karbon-X shares start trading on OTCQB Market

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.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.